ASOS PLC (Germany) Market Value
| DYQ Stock | EUR 2.92 0.09 2.99% |
| Symbol | ASOS |
ASOS PLC '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 ASOS PLC'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 ASOS PLC.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in ASOS PLC on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding ASOS PLC or generate 0.0% return on investment in ASOS PLC over 90 days. ASOS PLC is related to or competes with 24SEVENOFFICE GROUP, Bet-at-home, and CITY OFFICE. ASOS Plc operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Sp... More
ASOS PLC 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 ASOS PLC'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 ASOS PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 16.19 | |||
| Value At Risk | (5.75) | |||
| Potential Upside | 7.95 |
ASOS PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASOS PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ASOS PLC's standard deviation. In reality, there are many statistical measures that can use ASOS PLC historical prices to predict the future ASOS PLC's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | 0.0576 | |||
| Treynor Ratio | (2.75) |
ASOS PLC Backtested Returns
ASOS PLC secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22 % return per unit of risk over the last 3 months. ASOS PLC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ASOS PLC's risk adjusted performance of (0.12), and Mean Deviation of 2.78 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ASOS PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding ASOS PLC is expected to be smaller as well. At this point, ASOS PLC has a negative expected return of -0.8%. Please make sure to confirm ASOS PLC's skewness, day median price, and the relationship between the treynor ratio and daily balance of power , to decide if ASOS PLC performance from the past will be repeated at future time.
Auto-correlation | 0.27 |
Poor predictability
ASOS PLC has poor predictability. Overlapping area represents the amount of predictability between ASOS PLC time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 ASOS PLC price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current ASOS PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
ASOS PLC lagged returns against current returns
Autocorrelation, which is ASOS PLC 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 ASOS PLC's stock expected returns. We can calculate the autocorrelation of ASOS PLC returns to help us make a trade decision. For example, suppose you find that ASOS PLC 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 |
ASOS PLC 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 ASOS PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ASOS PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ASOS PLC stock over time.
Current vs Lagged Prices |
| Timeline |
ASOS PLC Lagged Returns
When evaluating ASOS PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ASOS PLC stock have on its future price. ASOS PLC 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, ASOS PLC autocorrelation shows the relationship between ASOS PLC stock current value and its past values and can show if there is a momentum factor associated with investing in ASOS PLC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ASOS Stock
ASOS PLC financial ratios help investors to determine whether ASOS 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 ASOS with respect to the benefits of owning ASOS PLC security.