Metro AG (Germany) Market Value
| B4B Stock | 4.13 0.06 1.43% |
| Symbol | Metro |
Metro 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 Metro 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 Metro AG.
| 11/06/2024 |
| 01/05/2025 |
Metro 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 Metro 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 Metro AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.17 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.11 |
Metro AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metro AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metro AG's standard deviation. In reality, there are many statistical measures that can use Metro AG historical prices to predict the future Metro AG's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.75) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Metro AG's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Metro AG Backtested Returns
Metro AG has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Metro AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metro AG's Mean Deviation of 1.25, standard deviation of 1.64, and Risk Adjusted Performance of (0.11) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Metro AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metro AG is expected to be smaller as well. At this point, Metro AG has a negative expected return of -0.23%. Please make sure to verify Metro AG's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Metro AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Metro AG has modest predictability. Overlapping area represents the amount of predictability between Metro AG time series from 6th of November 2024 to 6th of December 2024 and 6th of December 2024 to 5th 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 Metro AG price movement. The serial correlation of 0.55 indicates that about 55.0% of current Metro AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Metro AG lagged returns against current returns
Autocorrelation, which is Metro 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 Metro AG's stock expected returns. We can calculate the autocorrelation of Metro AG returns to help us make a trade decision. For example, suppose you find that Metro 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 |
Metro 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 Metro AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metro AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metro AG stock over time.
Current vs Lagged Prices |
| Timeline |
Metro AG Lagged Returns
When evaluating Metro AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metro AG stock have on its future price. Metro 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, Metro AG autocorrelation shows the relationship between Metro AG stock current value and its past values and can show if there is a momentum factor associated with investing in Metro AG.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Metro Stock Analysis
When running Metro AG's price analysis, check to measure Metro AG'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 Metro AG is operating at the current time. Most of Metro AG's value examination focuses on studying past and present price action to predict the probability of Metro AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metro AG's price. Additionally, you may evaluate how the addition of Metro AG to your portfolios can decrease your overall portfolio volatility.