ALBIS LEASING (Germany) Market Value
| ALG Stock | EUR 2.78 0.00 0.00% |
| Symbol | ALBIS |
ALBIS LEASING '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 ALBIS LEASING'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 ALBIS LEASING.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in ALBIS LEASING on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding ALBIS LEASING AG or generate 0.0% return on investment in ALBIS LEASING over 90 days. ALBIS LEASING is related to or competes with SLR Investment, PennantPark Investment, Tamburi Investment, AGNC INVESTMENT, Hastings Technology, and PKSHA TECHNOLOGY. More
ALBIS LEASING 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 ALBIS LEASING'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 ALBIS LEASING AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1826 | |||
| Maximum Drawdown | 5.76 |
ALBIS LEASING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALBIS LEASING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ALBIS LEASING's standard deviation. In reality, there are many statistical measures that can use ALBIS LEASING historical prices to predict the future ALBIS LEASING's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.0604 | |||
| Treynor Ratio | 0.1558 |
ALBIS LEASING AG Backtested Returns
Currently, ALBIS LEASING AG is not too volatile. ALBIS LEASING AG retains Efficiency (Sharpe Ratio) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found sixteen technical indicators for ALBIS LEASING, which you can use to evaluate the volatility of the firm. Please confirm ALBIS LEASING's market risk adjusted performance of 0.1658, and Variance of 0.3031 to double-check if the risk estimate we provide is consistent with the expected return of 0.0016%. The firm owns a Beta (Systematic Risk) of -0.0546, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ALBIS LEASING are expected to decrease at a much lower rate. During the bear market, ALBIS LEASING is likely to outperform the market. ALBIS LEASING AG at this time owns a risk of 0.57%. Please confirm ALBIS LEASING AG information ratio, kurtosis, and the relationship between the standard deviation and maximum drawdown , to decide if ALBIS LEASING AG will be following its current price history.
Auto-correlation | 0.00 |
No correlation between past and present
ALBIS LEASING AG has no correlation between past and present. Overlapping area represents the amount of predictability between ALBIS LEASING time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 ALBIS LEASING AG price movement. The serial correlation of 0.0 indicates that just 0.0% of current ALBIS LEASING price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ALBIS LEASING AG lagged returns against current returns
Autocorrelation, which is ALBIS LEASING 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 ALBIS LEASING's stock expected returns. We can calculate the autocorrelation of ALBIS LEASING returns to help us make a trade decision. For example, suppose you find that ALBIS LEASING 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 |
ALBIS LEASING 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 ALBIS LEASING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ALBIS LEASING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ALBIS LEASING stock over time.
Current vs Lagged Prices |
| Timeline |
ALBIS LEASING Lagged Returns
When evaluating ALBIS LEASING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ALBIS LEASING stock have on its future price. ALBIS LEASING 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, ALBIS LEASING autocorrelation shows the relationship between ALBIS LEASING stock current value and its past values and can show if there is a momentum factor associated with investing in ALBIS LEASING AG.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for ALBIS Stock Analysis
When running ALBIS LEASING's price analysis, check to measure ALBIS LEASING's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ALBIS LEASING is operating at the current time. Most of ALBIS LEASING's value examination focuses on studying past and present price action to predict the probability of ALBIS LEASING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALBIS LEASING's price. Additionally, you may evaluate how the addition of ALBIS LEASING to your portfolios can decrease your overall portfolio volatility.