AGCO (Germany) Market Value
| AGJ Stock | EUR 99.14 2.96 3.08% |
| Symbol | AGCO |
AGCO '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 AGCO'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 AGCO.
| 12/20/2024 |
| 01/19/2025 |
If you would invest 0.00 in AGCO on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding AGCO Corporation or generate 0.0% return on investment in AGCO over 30 days. AGCO is related to or competes with Komatsu, Kubota, KUBOTA P, PT United, Hitachi Construction, and Terex. AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide More
AGCO 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 AGCO'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 AGCO Corporation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | 0.0708 | |||
| Maximum Drawdown | 13.42 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 3.97 |
AGCO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGCO's standard deviation. In reality, there are many statistical measures that can use AGCO historical prices to predict the future AGCO's volatility.| Risk Adjusted Performance | 0.0759 | |||
| Jensen Alpha | 0.1899 | |||
| Total Risk Alpha | 0.1363 | |||
| Sortino Ratio | 0.0763 | |||
| Treynor Ratio | 0.8252 |
AGCO Backtested Returns
At this point, AGCO is very steady. AGCO retains Efficiency (Sharpe Ratio) of 0.0571, which signifies that the company had a 0.0571% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AGCO, which you can use to evaluate the volatility of the firm. Please confirm AGCO's coefficient of variation of 1206.78, and Market Risk Adjusted Performance of 0.8352 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. AGCO has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AGCO's returns are expected to increase less than the market. However, during the bear market, the loss of holding AGCO is expected to be smaller as well. AGCO at this moment owns a risk of 2.49%. Please confirm AGCO Corporation semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if AGCO Corporation will be following its current price history.
Auto-correlation | -0.27 |
Weak reverse predictability
AGCO Corporation has weak reverse predictability. Overlapping area represents the amount of predictability between AGCO time series from 20th of December 2024 to 4th of January 2025 and 4th of January 2025 to 19th 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 AGCO price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current AGCO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 5.84 |
AGCO lagged returns against current returns
Autocorrelation, which is AGCO 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 AGCO's stock expected returns. We can calculate the autocorrelation of AGCO returns to help us make a trade decision. For example, suppose you find that AGCO 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 |
AGCO 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 AGCO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGCO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGCO stock over time.
Current vs Lagged Prices |
| Timeline |
AGCO Lagged Returns
When evaluating AGCO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGCO stock have on its future price. AGCO 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, AGCO autocorrelation shows the relationship between AGCO stock current value and its past values and can show if there is a momentum factor associated with investing in AGCO Corporation.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in AGCO Stock
When determining whether AGCO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AGCO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agco Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agco Corporation Stock:Check out AGCO Correlation, AGCO Volatility and AGCO Alpha and Beta module to complement your research on AGCO. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
AGCO technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.