ANGI Homeservices (Germany) Market Value
| 2UH Stock | EUR 1.78 0.03 1.71% |
| Symbol | ANGI |
ANGI Homeservices '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 ANGI Homeservices' 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 ANGI Homeservices.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in ANGI Homeservices on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding ANGI Homeservices or generate 0.0% return on investment in ANGI Homeservices over 30 days. ANGI Homeservices is related to or competes with Nucletron Electronic, ARDAGH METAL, Electronic Arts, Perseus Mining, STORE ELECTRONIC, TT Electronics, and LPKF Laser. Angi Inc. offers home service professionals in the United States and internationally More
ANGI Homeservices 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 ANGI Homeservices' 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 ANGI Homeservices upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 29.14 | |||
| Value At Risk | (4.15) | |||
| Potential Upside | 6.71 |
ANGI Homeservices Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ANGI Homeservices' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANGI Homeservices' standard deviation. In reality, there are many statistical measures that can use ANGI Homeservices historical prices to predict the future ANGI Homeservices' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.22) |
ANGI Homeservices Backtested Returns
ANGI Homeservices secures Sharpe Ratio (or Efficiency) of -0.0637, which signifies that the company had a -0.0637 % return per unit of risk over the last 3 months. ANGI Homeservices exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ANGI Homeservices' Standard Deviation of 4.35, mean deviation of 2.68, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.46, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ANGI Homeservices will likely underperform. At this point, ANGI Homeservices has a negative expected return of -0.29%. Please make sure to confirm ANGI Homeservices' market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if ANGI Homeservices performance from the past will be repeated in the future.
Auto-correlation | -0.31 |
Poor reverse predictability
ANGI Homeservices has poor reverse predictability. Overlapping area represents the amount of predictability between ANGI Homeservices time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ANGI Homeservices price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current ANGI Homeservices price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ANGI Homeservices lagged returns against current returns
Autocorrelation, which is ANGI Homeservices 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 ANGI Homeservices' stock expected returns. We can calculate the autocorrelation of ANGI Homeservices returns to help us make a trade decision. For example, suppose you find that ANGI Homeservices 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 |
ANGI Homeservices 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 ANGI Homeservices stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANGI Homeservices stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANGI Homeservices stock over time.
Current vs Lagged Prices |
| Timeline |
ANGI Homeservices Lagged Returns
When evaluating ANGI Homeservices' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANGI Homeservices stock have on its future price. ANGI Homeservices 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, ANGI Homeservices autocorrelation shows the relationship between ANGI Homeservices stock current value and its past values and can show if there is a momentum factor associated with investing in ANGI Homeservices.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in ANGI Stock
When determining whether ANGI Homeservices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ANGI Homeservices' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Angi Homeservices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Angi Homeservices Stock:Check out ANGI Homeservices Correlation, ANGI Homeservices Volatility and ANGI Homeservices Alpha and Beta module to complement your research on ANGI Homeservices. For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
ANGI Homeservices technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.