Andritz AG (Austria) Market Value
| ANDR Stock | EUR 58.30 0.20 0.34% |
| Symbol | Andritz |
Andritz AG '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 Andritz AG'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 Andritz AG.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Andritz AG on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Andritz AG or generate 0.0% return on investment in Andritz AG over 90 days. Andritz AG is related to or competes with Voestalpine, VERBUND AG, OMV Aktiengesellscha, Wienerberger, and Erste Group. More
Andritz AG 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 Andritz AG'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 Andritz AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.2275 | |||
| Maximum Drawdown | 7.14 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.86 |
Andritz AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Andritz AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Andritz AG's standard deviation. In reality, there are many statistical measures that can use Andritz AG historical prices to predict the future Andritz AG's volatility.| Risk Adjusted Performance | 0.1439 | |||
| Jensen Alpha | 0.2676 | |||
| Total Risk Alpha | 0.4129 | |||
| Sortino Ratio | 0.2926 | |||
| Treynor Ratio | 0.6196 |
Andritz AG Backtested Returns
Andritz AG appears to be very steady, given 3 months investment horizon. Andritz AG secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Andritz AG, which you can use to evaluate the volatility of the firm. Please makes use of Andritz AG's mean deviation of 1.12, and Risk Adjusted Performance of 0.1439 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Andritz AG holds a performance score of 15. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Andritz AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Andritz AG is expected to be smaller as well. Please check Andritz AG's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Andritz AG's price patterns will revert.
Auto-correlation | 0.79 |
Good predictability
Andritz AG has good predictability. Overlapping area represents the amount of predictability between Andritz AG time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Andritz AG price movement. The serial correlation of 0.79 indicates that around 79.0% of current Andritz AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 4.92 |
Andritz AG lagged returns against current returns
Autocorrelation, which is Andritz AG 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 Andritz AG's stock expected returns. We can calculate the autocorrelation of Andritz AG returns to help us make a trade decision. For example, suppose you find that Andritz AG 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 |
Andritz AG 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 Andritz AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Andritz AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Andritz AG stock over time.
Current vs Lagged Prices |
| Timeline |
Andritz AG Lagged Returns
When evaluating Andritz AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Andritz AG stock have on its future price. Andritz AG 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, Andritz AG autocorrelation shows the relationship between Andritz AG stock current value and its past values and can show if there is a momentum factor associated with investing in Andritz AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Andritz Stock
Andritz AG financial ratios help investors to determine whether Andritz 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 Andritz with respect to the benefits of owning Andritz AG security.