Alfen Beheer (Netherlands) Market Value
| ALFEN Stock | EUR 13.26 0.48 3.76% |
| Symbol | Alfen |
Alfen Beheer '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 Alfen Beheer'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 Alfen Beheer.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Alfen Beheer on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Alfen Beheer BV or generate 0.0% return on investment in Alfen Beheer over 90 days. Alfen Beheer is related to or competes with Fastned BV, Basic Fit, BE Semiconductor, ASM International, and Prosus NV. Alfen N.V., through its subsidiaries, designs, engineers, develops, produces, and sells products, systems, and services ... More
Alfen Beheer 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 Alfen Beheer'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 Alfen Beheer BV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.82 | |||
| Information Ratio | 0.0618 | |||
| Maximum Drawdown | 21.88 | |||
| Value At Risk | (4.43) | |||
| Potential Upside | 6.9 |
Alfen Beheer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alfen Beheer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alfen Beheer's standard deviation. In reality, there are many statistical measures that can use Alfen Beheer historical prices to predict the future Alfen Beheer's volatility.| Risk Adjusted Performance | 0.0368 | |||
| Jensen Alpha | 0.1693 | |||
| Total Risk Alpha | 0.5491 | |||
| Sortino Ratio | 0.077 | |||
| Treynor Ratio | 0.1937 |
Alfen Beheer BV Backtested Returns
Alfen Beheer appears to be somewhat reliable, given 3 months investment horizon. Alfen Beheer BV secures Sharpe Ratio (or Efficiency) of 0.0691, which signifies that the company had a 0.0691 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Alfen Beheer BV, which you can use to evaluate the volatility of the firm. Please makes use of Alfen Beheer's mean deviation of 2.57, and Risk Adjusted Performance of 0.0368 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Alfen Beheer holds a performance score of 5. The firm shows a Beta (market volatility) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alfen Beheer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alfen Beheer is expected to be smaller as well. Please check Alfen Beheer's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Alfen Beheer's price patterns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Alfen Beheer BV has good reverse predictability. Overlapping area represents the amount of predictability between Alfen Beheer time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Alfen Beheer BV price movement. The serial correlation of -0.51 indicates that about 51.0% of current Alfen Beheer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.69 |
Alfen Beheer BV lagged returns against current returns
Autocorrelation, which is Alfen Beheer 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 Alfen Beheer's stock expected returns. We can calculate the autocorrelation of Alfen Beheer returns to help us make a trade decision. For example, suppose you find that Alfen Beheer 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 |
Alfen Beheer 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 Alfen Beheer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alfen Beheer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alfen Beheer stock over time.
Current vs Lagged Prices |
| Timeline |
Alfen Beheer Lagged Returns
When evaluating Alfen Beheer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alfen Beheer stock have on its future price. Alfen Beheer 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, Alfen Beheer autocorrelation shows the relationship between Alfen Beheer stock current value and its past values and can show if there is a momentum factor associated with investing in Alfen Beheer BV.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Alfen Stock
Alfen Beheer financial ratios help investors to determine whether Alfen 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 Alfen with respect to the benefits of owning Alfen Beheer security.