ZINZINO AB (Germany) Market Value
| 9EE Stock | EUR 12.48 0.24 1.96% |
| Symbol | ZINZINO |
ZINZINO AB '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 ZINZINO AB'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 ZINZINO AB.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in ZINZINO AB on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding ZINZINO AB B or generate 0.0% return on investment in ZINZINO AB over 90 days. ZINZINO AB is related to or competes with Jupiter Fund, RYANAIR HLDGS, Q2M Managementberatu, Sims Metal, AIR LIQUIDE, DELTA AIR, and Norwegian Air. Zinzino AB , a direct sales company, engages in the sale of coffee, coffee machines, and accessories and research, devel... More
ZINZINO AB 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 ZINZINO AB'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 ZINZINO AB B upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.28 | |||
| Information Ratio | 0.2489 | |||
| Maximum Drawdown | 21.34 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 6.72 |
ZINZINO AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZINZINO AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZINZINO AB's standard deviation. In reality, there are many statistical measures that can use ZINZINO AB historical prices to predict the future ZINZINO AB's volatility.| Risk Adjusted Performance | 0.189 | |||
| Jensen Alpha | 1.05 | |||
| Total Risk Alpha | 1.45 | |||
| Sortino Ratio | 0.2936 | |||
| Treynor Ratio | 0.5023 |
ZINZINO AB B Backtested Returns
ZINZINO AB appears to be somewhat reliable, given 3 months investment horizon. ZINZINO AB B shows Sharpe Ratio of 0.23, which attests that the company had a 0.23 % return per unit of standard deviation over the last 3 months. By analyzing ZINZINO AB's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please utilize ZINZINO AB's Risk Adjusted Performance of 0.189, mean deviation of 3.09, and Downside Deviation of 3.28 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ZINZINO AB holds a performance score of 18. The firm maintains a market beta of 1.66, 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, ZINZINO AB will likely underperform. Please check ZINZINO AB's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether ZINZINO AB's historical returns will revert.
Auto-correlation | 0.74 |
Good predictability
ZINZINO AB B has good predictability. Overlapping area represents the amount of predictability between ZINZINO AB time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th of March 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 ZINZINO AB B price movement. The serial correlation of 0.74 indicates that around 74.0% of current ZINZINO AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 1.8 |
ZINZINO AB B lagged returns against current returns
Autocorrelation, which is ZINZINO AB 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 ZINZINO AB's stock expected returns. We can calculate the autocorrelation of ZINZINO AB returns to help us make a trade decision. For example, suppose you find that ZINZINO AB 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 |
ZINZINO AB 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 ZINZINO AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZINZINO AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZINZINO AB stock over time.
Current vs Lagged Prices |
| Timeline |
ZINZINO AB Lagged Returns
When evaluating ZINZINO AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZINZINO AB stock have on its future price. ZINZINO AB 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, ZINZINO AB autocorrelation shows the relationship between ZINZINO AB stock current value and its past values and can show if there is a momentum factor associated with investing in ZINZINO AB B.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ZINZINO Stock
ZINZINO AB financial ratios help investors to determine whether ZINZINO 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 ZINZINO with respect to the benefits of owning ZINZINO AB security.