Auckland International (Germany) Market Value
| BZTA Stock | EUR 4.18 0.04 0.97% |
| Symbol | Auckland |
Auckland International '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 Auckland International'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 Auckland International.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Auckland International on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Auckland International Airport or generate 0.0% return on investment in Auckland International over 30 days. Auckland International is related to or competes with Data Modul, Public Storage, NTT DATA, ScanSource, DATANG INTL, and Siemens Healthineers. Auckland International Airport Limited provides airport facilities, supporting infrastructure, and aeronautical services... More
Auckland International 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 Auckland International'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 Auckland International Airport upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1017 | |||
| Maximum Drawdown | 16.79 | |||
| Potential Upside | 2.34 |
Auckland International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Auckland International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Auckland International's standard deviation. In reality, there are many statistical measures that can use Auckland International historical prices to predict the future Auckland International's volatility.| Risk Adjusted Performance | 0.0615 | |||
| Jensen Alpha | 0.1258 | |||
| Total Risk Alpha | 0.2762 | |||
| Treynor Ratio | (6.29) |
Auckland International Backtested Returns
Auckland International secures Sharpe Ratio (or Efficiency) of -0.0233, which signifies that the company had a -0.0233 % return per unit of standard deviation over the last 3 months. Auckland International Airport exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Auckland International's risk adjusted performance of 0.0615, and Mean Deviation of 0.6595 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0202, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Auckland International are expected to decrease at a much lower rate. During the bear market, Auckland International is likely to outperform the market. At this point, Auckland International has a negative expected return of -0.0312%. Please make sure to confirm Auckland International's market risk adjusted performance, coefficient of variation, variance, as well as the relationship between the mean deviation and standard deviation , to decide if Auckland International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Auckland International Airport has no correlation between past and present. Overlapping area represents the amount of predictability between Auckland International time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Auckland International price movement. The serial correlation of 0.0 indicates that just 0.0% of current Auckland International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Auckland International lagged returns against current returns
Autocorrelation, which is Auckland International 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 Auckland International's stock expected returns. We can calculate the autocorrelation of Auckland International returns to help us make a trade decision. For example, suppose you find that Auckland International 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 |
Auckland International 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 Auckland International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Auckland International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Auckland International stock over time.
Current vs Lagged Prices |
| Timeline |
Auckland International Lagged Returns
When evaluating Auckland International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Auckland International stock have on its future price. Auckland International 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, Auckland International autocorrelation shows the relationship between Auckland International stock current value and its past values and can show if there is a momentum factor associated with investing in Auckland International Airport.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Auckland Stock
Auckland International financial ratios help investors to determine whether Auckland 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 Auckland with respect to the benefits of owning Auckland International security.