SOEDER SPORTFISKE (Germany) Market Value
| 98Q Stock | 2.15 0.05 2.38% |
| Symbol | SOEDER |
SOEDER SPORTFISKE '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 SOEDER SPORTFISKE'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 SOEDER SPORTFISKE.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in SOEDER SPORTFISKE on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding SOEDER SPORTFISKE AB or generate 0.0% return on investment in SOEDER SPORTFISKE over 60 days. SOEDER SPORTFISKE is related to or competes with Booking Holdings, ANTA Sports, Li Ning, and Trip Group. More
SOEDER SPORTFISKE 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 SOEDER SPORTFISKE'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 SOEDER SPORTFISKE AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 12.08 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 4.59 |
SOEDER SPORTFISKE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SOEDER SPORTFISKE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SOEDER SPORTFISKE's standard deviation. In reality, there are many statistical measures that can use SOEDER SPORTFISKE historical prices to predict the future SOEDER SPORTFISKE's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.202 |
SOEDER SPORTFISKE Backtested Returns
SOEDER SPORTFISKE owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0382, which indicates the firm had a -0.0382% return per unit of volatility over the last 3 months. SOEDER SPORTFISKE AB exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SOEDER SPORTFISKE's risk adjusted performance of (0.02), and Variance of 5.08 to confirm the risk estimate we provide. The entity has a beta of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SOEDER SPORTFISKE are expected to decrease at a much lower rate. During the bear market, SOEDER SPORTFISKE is likely to outperform the market. At this point, SOEDER SPORTFISKE has a negative expected return of -0.0886%. Please make sure to validate SOEDER SPORTFISKE's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if SOEDER SPORTFISKE performance from the past will be repeated at future time.
Auto-correlation | 0.36 |
Below average predictability
SOEDER SPORTFISKE AB has below average predictability. Overlapping area represents the amount of predictability between SOEDER SPORTFISKE 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 SOEDER SPORTFISKE price movement. The serial correlation of 0.36 indicates that just about 36.0% of current SOEDER SPORTFISKE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SOEDER SPORTFISKE lagged returns against current returns
Autocorrelation, which is SOEDER SPORTFISKE 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 SOEDER SPORTFISKE's stock expected returns. We can calculate the autocorrelation of SOEDER SPORTFISKE returns to help us make a trade decision. For example, suppose you find that SOEDER SPORTFISKE 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 |
SOEDER SPORTFISKE 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 SOEDER SPORTFISKE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SOEDER SPORTFISKE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SOEDER SPORTFISKE stock over time.
Current vs Lagged Prices |
| Timeline |
SOEDER SPORTFISKE Lagged Returns
When evaluating SOEDER SPORTFISKE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SOEDER SPORTFISKE stock have on its future price. SOEDER SPORTFISKE 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, SOEDER SPORTFISKE autocorrelation shows the relationship between SOEDER SPORTFISKE stock current value and its past values and can show if there is a momentum factor associated with investing in SOEDER SPORTFISKE AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SOEDER Stock
SOEDER SPORTFISKE financial ratios help investors to determine whether SOEDER 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 SOEDER with respect to the benefits of owning SOEDER SPORTFISKE security.