BROADSTNET LEADL (Germany) Market Value
| 62XA Stock | 16.30 0.10 0.62% |
| Symbol | BROADSTNET |
Please note, there is a significant difference between BROADSTNET LEADL's value and its price as these two are different measures arrived at by different means. Investors typically determine if BROADSTNET LEADL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BROADSTNET LEADL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
BROADSTNET LEADL '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 BROADSTNET LEADL'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 BROADSTNET LEADL.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in BROADSTNET LEADL on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding BROADSTNET LEADL 00025 or generate 0.0% return on investment in BROADSTNET LEADL over 720 days. BROADSTNET LEADL is related to or competes with NORWEGIAN AIR, IDP EDUCATION, Wizz Air, Ryanair Holdings, Enter Air, WIZZ AIR, and Strategic Education. More
BROADSTNET LEADL 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 BROADSTNET LEADL'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 BROADSTNET LEADL 00025 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.04 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.48 |
BROADSTNET LEADL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BROADSTNET LEADL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BROADSTNET LEADL's standard deviation. In reality, there are many statistical measures that can use BROADSTNET LEADL historical prices to predict the future BROADSTNET LEADL's volatility.| Risk Adjusted Performance | 0.0392 | |||
| Jensen Alpha | 0.0773 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.32) |
BROADSTNET LEADL 00025 Backtested Returns
At this point, BROADSTNET LEADL is very steady. BROADSTNET LEADL 00025 secures Sharpe Ratio (or Efficiency) of 0.0326, which signifies that the company had a 0.0326% return per unit of risk over the last 3 months. We have found thirty technical indicators for BROADSTNET LEADL 00025, which you can use to evaluate the volatility of the firm. Please confirm BROADSTNET LEADL's mean deviation of 0.9644, and Risk Adjusted Performance of 0.0392 to double-check if the risk estimate we provide is consistent with the expected return of 0.046%. BROADSTNET LEADL has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BROADSTNET LEADL are expected to decrease at a much lower rate. During the bear market, BROADSTNET LEADL is likely to outperform the market. BROADSTNET LEADL 00025 currently shows a risk of 1.41%. Please confirm BROADSTNET LEADL 00025 standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if BROADSTNET LEADL 00025 will be following its price patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
BROADSTNET LEADL 00025 has poor reverse predictability. Overlapping area represents the amount of predictability between BROADSTNET LEADL time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 BROADSTNET LEADL 00025 price movement. The serial correlation of -0.38 indicates that just about 38.0% of current BROADSTNET LEADL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 1.73 |
BROADSTNET LEADL 00025 lagged returns against current returns
Autocorrelation, which is BROADSTNET LEADL 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 BROADSTNET LEADL's stock expected returns. We can calculate the autocorrelation of BROADSTNET LEADL returns to help us make a trade decision. For example, suppose you find that BROADSTNET LEADL 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 |
BROADSTNET LEADL 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 BROADSTNET LEADL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BROADSTNET LEADL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BROADSTNET LEADL stock over time.
Current vs Lagged Prices |
| Timeline |
BROADSTNET LEADL Lagged Returns
When evaluating BROADSTNET LEADL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BROADSTNET LEADL stock have on its future price. BROADSTNET LEADL 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, BROADSTNET LEADL autocorrelation shows the relationship between BROADSTNET LEADL stock current value and its past values and can show if there is a momentum factor associated with investing in BROADSTNET LEADL 00025.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BROADSTNET Stock
BROADSTNET LEADL financial ratios help investors to determine whether BROADSTNET 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 BROADSTNET with respect to the benefits of owning BROADSTNET LEADL security.