SOGECLAIR (Germany) Market Value
| 2U0 Stock | 18.25 0.45 2.41% |
| Symbol | SOGECLAIR |
SOGECLAIR '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 SOGECLAIR'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 SOGECLAIR.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in SOGECLAIR on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding SOGECLAIR SA INH or generate 0.0% return on investment in SOGECLAIR over 30 days. SOGECLAIR is related to or competes with Airbus SE, Superior Plus, Origin Agritech, INTUITIVE SURGICAL, Intel, Reliance Steel, and Rolls Royce. More
SOGECLAIR 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 SOGECLAIR'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 SOGECLAIR SA INH upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 11.18 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 3.24 |
SOGECLAIR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SOGECLAIR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SOGECLAIR's standard deviation. In reality, there are many statistical measures that can use SOGECLAIR historical prices to predict the future SOGECLAIR's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.28) |
SOGECLAIR SA INH Backtested Returns
SOGECLAIR SA INH owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0323, which indicates the firm had a -0.0323% return per unit of volatility over the last 3 months. SOGECLAIR SA INH exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SOGECLAIR's variance of 4.56, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SOGECLAIR's returns are expected to increase less than the market. However, during the bear market, the loss of holding SOGECLAIR is expected to be smaller as well. At this point, SOGECLAIR SA INH has a negative expected return of -0.0673%. Please make sure to validate SOGECLAIR's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if SOGECLAIR SA INH performance from the past will be repeated at future time.
Auto-correlation | -0.05 |
Very weak reverse predictability
SOGECLAIR SA INH has very weak reverse predictability. Overlapping area represents the amount of predictability between SOGECLAIR time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 SOGECLAIR SA INH price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current SOGECLAIR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
SOGECLAIR SA INH lagged returns against current returns
Autocorrelation, which is SOGECLAIR 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 SOGECLAIR's stock expected returns. We can calculate the autocorrelation of SOGECLAIR returns to help us make a trade decision. For example, suppose you find that SOGECLAIR 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 |
SOGECLAIR 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 SOGECLAIR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SOGECLAIR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SOGECLAIR stock over time.
Current vs Lagged Prices |
| Timeline |
SOGECLAIR Lagged Returns
When evaluating SOGECLAIR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SOGECLAIR stock have on its future price. SOGECLAIR 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, SOGECLAIR autocorrelation shows the relationship between SOGECLAIR stock current value and its past values and can show if there is a momentum factor associated with investing in SOGECLAIR SA INH.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SOGECLAIR Stock
SOGECLAIR financial ratios help investors to determine whether SOGECLAIR 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 SOGECLAIR with respect to the benefits of owning SOGECLAIR security.