ANDREW PELLER (Germany) Market Value
| ANJ Stock | 2.60 0.06 2.26% |
| Symbol | ANDREW |
ANDREW PELLER '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 ANDREW PELLER'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 ANDREW PELLER.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in ANDREW PELLER on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding ANDREW PELLER LTD or generate 0.0% return on investment in ANDREW PELLER over 30 days. ANDREW PELLER is related to or competes with Coor Service, DIVERSIFIED ROYALTY, HK Electric, REINET INVESTMENTS, Sims Metal, ECHO INVESTMENT, and Corporate Travel. More
ANDREW PELLER 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 ANDREW PELLER'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 ANDREW PELLER LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.61 | |||
| Information Ratio | 0.0016 | |||
| Maximum Drawdown | 11.69 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 3.79 |
ANDREW PELLER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ANDREW PELLER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANDREW PELLER's standard deviation. In reality, there are many statistical measures that can use ANDREW PELLER historical prices to predict the future ANDREW PELLER's volatility.| Risk Adjusted Performance | 0.0193 | |||
| Jensen Alpha | 0.0163 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0014 | |||
| Treynor Ratio | 0.0602 |
ANDREW PELLER LTD Backtested Returns
ANDREW PELLER LTD secures Sharpe Ratio (or Efficiency) of -0.0046, which signifies that the company had a -0.0046% return per unit of risk over the last 3 months. ANDREW PELLER LTD exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ANDREW PELLER's Downside Deviation of 2.61, mean deviation of 1.66, and Risk Adjusted Performance of 0.0193 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ANDREW PELLER's returns are expected to increase less than the market. However, during the bear market, the loss of holding ANDREW PELLER is expected to be smaller as well. At this point, ANDREW PELLER LTD has a negative expected return of -0.0102%. Please make sure to confirm ANDREW PELLER's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if ANDREW PELLER LTD performance from the past will be repeated in the future.
Auto-correlation | -0.28 |
Weak reverse predictability
ANDREW PELLER LTD has weak reverse predictability. Overlapping area represents the amount of predictability between ANDREW PELLER time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ANDREW PELLER LTD price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current ANDREW PELLER price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ANDREW PELLER LTD lagged returns against current returns
Autocorrelation, which is ANDREW PELLER 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 ANDREW PELLER's stock expected returns. We can calculate the autocorrelation of ANDREW PELLER returns to help us make a trade decision. For example, suppose you find that ANDREW PELLER 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 |
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ANDREW PELLER 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 ANDREW PELLER stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANDREW PELLER stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANDREW PELLER stock over time.
Current vs Lagged Prices |
| Timeline |
ANDREW PELLER Lagged Returns
When evaluating ANDREW PELLER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANDREW PELLER stock have on its future price. ANDREW PELLER 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, ANDREW PELLER autocorrelation shows the relationship between ANDREW PELLER stock current value and its past values and can show if there is a momentum factor associated with investing in ANDREW PELLER LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ANDREW Stock
ANDREW PELLER financial ratios help investors to determine whether ANDREW 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 ANDREW with respect to the benefits of owning ANDREW PELLER security.