AUTOHOME INC (Germany) Market Value
8AHA Stock | EUR 5.90 0.15 2.48% |
Symbol | AUTOHOME |
AUTOHOME INC '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 AUTOHOME INC'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 AUTOHOME INC.
11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in AUTOHOME INC on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding AUTOHOME INC A or generate 0.0% return on investment in AUTOHOME INC over 60 days. AUTOHOME INC is related to or competes with Major Drilling, Perdoceo Education, BORR DRILLING, VIRGIN WINES, SCANSOURCE (SC3SG), and Pembina Pipeline. Autohome Inc. operates as an online destination for automobile consumers in the Peoples Republic of China More
AUTOHOME INC 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 AUTOHOME INC'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 AUTOHOME INC A upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.08) | |||
Maximum Drawdown | 15.39 | |||
Value At Risk | (3.82) | |||
Potential Upside | 4.96 |
AUTOHOME INC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AUTOHOME INC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AUTOHOME INC's standard deviation. In reality, there are many statistical measures that can use AUTOHOME INC historical prices to predict the future AUTOHOME INC's volatility.Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | 0.4755 |
AUTOHOME INC A Backtested Returns
AUTOHOME INC A secures Sharpe Ratio (or Efficiency) of -0.0938, which signifies that the company had a -0.0938% return per unit of risk over the last 3 months. AUTOHOME INC A exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AUTOHOME INC's mean deviation of 2.16, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AUTOHOME INC are expected to decrease at a much lower rate. During the bear market, AUTOHOME INC is likely to outperform the market. At this point, AUTOHOME INC A has a negative expected return of -0.25%. Please make sure to confirm AUTOHOME INC's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if AUTOHOME INC A performance from the past will be repeated at future time.
Auto-correlation | 0.14 |
Insignificant predictability
AUTOHOME INC A has insignificant predictability. Overlapping area represents the amount of predictability between AUTOHOME INC time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 AUTOHOME INC A price movement. The serial correlation of 0.14 indicates that less than 14.0% of current AUTOHOME INC price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.14 | |
Spearman Rank Test | 0.08 | |
Residual Average | 0.0 | |
Price Variance | 0.02 |
AUTOHOME INC A lagged returns against current returns
Autocorrelation, which is AUTOHOME INC 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 AUTOHOME INC's stock expected returns. We can calculate the autocorrelation of AUTOHOME INC returns to help us make a trade decision. For example, suppose you find that AUTOHOME INC 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 |
AUTOHOME INC 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 AUTOHOME INC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AUTOHOME INC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AUTOHOME INC stock over time.
Current vs Lagged Prices |
Timeline |
AUTOHOME INC Lagged Returns
When evaluating AUTOHOME INC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AUTOHOME INC stock have on its future price. AUTOHOME INC 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, AUTOHOME INC autocorrelation shows the relationship between AUTOHOME INC stock current value and its past values and can show if there is a momentum factor associated with investing in AUTOHOME INC A.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AUTOHOME Stock
AUTOHOME INC financial ratios help investors to determine whether AUTOHOME 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 AUTOHOME with respect to the benefits of owning AUTOHOME INC security.