Iron Road (Germany) Market Value
| 4OV Stock | EUR 0.02 0.0005 2.08% |
| Symbol | Iron |
Iron Road '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 Iron Road'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 Iron Road.
| 01/04/2023 |
| 12/24/2024 |
If you would invest 0.00 in Iron Road on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Iron Road Limited or generate 0.0% return on investment in Iron Road over 720 days. Iron Road is related to or competes with Nucor, ArcelorMittal, ArcelorMittal, Steel Dynamics, Nippon Steel, POSCO Holdings, and Toyota Tsusho. Iron Road Limited explores and evaluates iron ore properties in Australia More
Iron Road 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 Iron Road'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 Iron Road Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.63 | |||
| Information Ratio | (0.0009) | |||
| Maximum Drawdown | 46.32 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 10.91 |
Iron Road Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Iron Road's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Iron Road's standard deviation. In reality, there are many statistical measures that can use Iron Road historical prices to predict the future Iron Road's volatility.| Risk Adjusted Performance | 0.0118 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.0009) | |||
| Treynor Ratio | 0.009 |
Iron Road Limited Backtested Returns
At this point, Iron Road is out of control. Iron Road Limited holds Efficiency (Sharpe) Ratio of 0.0037, which attests that the entity had a 0.0037% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Iron Road Limited, which you can use to evaluate the volatility of the firm. Please check out Iron Road's Downside Deviation of 7.63, market risk adjusted performance of 0.019, and Risk Adjusted Performance of 0.0118 to validate if the risk estimate we provide is consistent with the expected return of 0.0275%. The company retains a Market Volatility (i.e., Beta) of 1.85, which attests to 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, Iron Road will likely underperform. Iron Road Limited right now retains a risk of 7.5%. Please check out Iron Road sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to decide if Iron Road will be following its current trending patterns.
Auto-correlation | -0.3 |
Weak reverse predictability
Iron Road Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Iron Road time series from 4th of January 2023 to 30th of December 2023 and 30th of December 2023 to 24th 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 Iron Road Limited price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Iron Road price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Iron Road Limited lagged returns against current returns
Autocorrelation, which is Iron Road 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 Iron Road's stock expected returns. We can calculate the autocorrelation of Iron Road returns to help us make a trade decision. For example, suppose you find that Iron Road 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 |
Iron Road 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 Iron Road stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Iron Road stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Iron Road stock over time.
Current vs Lagged Prices |
| Timeline |
Iron Road Lagged Returns
When evaluating Iron Road's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Iron Road stock have on its future price. Iron Road 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, Iron Road autocorrelation shows the relationship between Iron Road stock current value and its past values and can show if there is a momentum factor associated with investing in Iron Road Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Iron Stock
Iron Road financial ratios help investors to determine whether Iron 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 Iron with respect to the benefits of owning Iron Road security.