Steadfast Group (Germany) Market Value
| 1S6 Stock | EUR 3.42 0.00 0.00% |
| Symbol | Steadfast |
Steadfast Group 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Steadfast Group's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Steadfast Group.
| 06/29/2024 |
| 12/26/2024 |
If you would invest 0.00 in Steadfast Group on June 29, 2024 and sell it all today you would earn a total of 0.00 from holding Steadfast Group Limited or generate 0.0% return on investment in Steadfast Group over 180 days. Steadfast Group is related to or competes with Marsh McLennan, Aon PLC, Arthur J, Willis Towers, CRAWFORD A, and KOWORLD AG. Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe More
Steadfast Group Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Steadfast Group's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Steadfast Group Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | (0.0006) | |||
| Maximum Drawdown | 10.52 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.48 |
Steadfast Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steadfast Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Steadfast Group's standard deviation. In reality, there are many statistical measures that can use Steadfast Group historical prices to predict the future Steadfast Group's volatility.| Risk Adjusted Performance | 0.0246 | |||
| Jensen Alpha | 0.023 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.0006) | |||
| Treynor Ratio | 0.1106 |
Steadfast Group Backtested Returns
At this point, Steadfast Group is slightly risky. Steadfast Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0092, which indicates the firm had a 0.0092% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Steadfast Group Limited, which you can use to evaluate the volatility of the company. Please validate Steadfast Group's Semi Deviation of 1.63, risk adjusted performance of 0.0246, and Coefficient Of Variation of 4230.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0173%. The entity has a beta of 0.3, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Steadfast Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Steadfast Group is expected to be smaller as well. Steadfast Group right now has a risk of 1.87%. Please validate Steadfast Group market risk adjusted performance, semi deviation, variance, as well as the relationship between the mean deviation and downside deviation , to decide if Steadfast Group will be following its existing price patterns.
Auto-correlation | -0.23 |
Weak reverse predictability
Steadfast Group Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Steadfast Group time series from 29th of June 2024 to 27th of September 2024 and 27th of September 2024 to 26th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Steadfast Group price movement. The serial correlation of -0.23 indicates that over 23.0% of current Steadfast Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Steadfast Group lagged returns against current returns
Autocorrelation, which is Steadfast Group stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Steadfast Group's stock expected returns. We can calculate the autocorrelation of Steadfast Group returns to help us make a trade decision. For example, suppose you find that Steadfast Group has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Steadfast Group regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Steadfast Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Steadfast Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Steadfast Group stock over time.
Current vs Lagged Prices |
| Timeline |
Steadfast Group Lagged Returns
When evaluating Steadfast Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Steadfast Group stock have on its future price. Steadfast Group autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Steadfast Group autocorrelation shows the relationship between Steadfast Group stock current value and its past values and can show if there is a momentum factor associated with investing in Steadfast Group Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Steadfast Stock
Steadfast Group financial ratios help investors to determine whether Steadfast Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Steadfast with respect to the benefits of owning Steadfast Group security.