Agricultural Bank (Germany) Market Value
| EK7 Stock | EUR 0.51 0.02 4.08% |
| Symbol | Agricultural |
Agricultural Bank '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 Agricultural Bank'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 Agricultural Bank.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Agricultural Bank on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Agricultural Bank of or generate 0.0% return on investment in Agricultural Bank over 480 days. Agricultural Bank is related to or competes with GEAR4MUSIC, Sterling Construction, ALEFARM BREWING, Dairy Farm, LION ONE, Perseus Mining, and DAIRY FARM. Agricultural Bank of China Limited provides corporate and retail banking products and services in the Mainland China and... More
Agricultural Bank 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 Agricultural Bank'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 Agricultural Bank of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.34 | |||
| Information Ratio | 0.0803 | |||
| Maximum Drawdown | 37.02 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 15.0 |
Agricultural Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agricultural Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agricultural Bank's standard deviation. In reality, there are many statistical measures that can use Agricultural Bank historical prices to predict the future Agricultural Bank's volatility.| Risk Adjusted Performance | 0.0805 | |||
| Jensen Alpha | 0.3238 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0724 | |||
| Treynor Ratio | 0.2294 |
Agricultural Bank Backtested Returns
Agricultural Bank appears to be out of control, given 3 months investment horizon. Agricultural Bank secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. By analyzing Agricultural Bank's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of Agricultural Bank's Mean Deviation of 4.14, risk adjusted performance of 0.0805, and Downside Deviation of 7.34 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Agricultural Bank holds a performance score of 7. The firm shows a Beta (market volatility) of 2.82, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Agricultural Bank will likely underperform. Please check Agricultural Bank's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Agricultural Bank's price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
Agricultural Bank of has average predictability. Overlapping area represents the amount of predictability between Agricultural Bank time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Agricultural Bank price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Agricultural Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Agricultural Bank lagged returns against current returns
Autocorrelation, which is Agricultural Bank 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 Agricultural Bank's stock expected returns. We can calculate the autocorrelation of Agricultural Bank returns to help us make a trade decision. For example, suppose you find that Agricultural Bank 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 |
Agricultural Bank 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 Agricultural Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agricultural Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agricultural Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Agricultural Bank Lagged Returns
When evaluating Agricultural Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agricultural Bank stock have on its future price. Agricultural Bank 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, Agricultural Bank autocorrelation shows the relationship between Agricultural Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Agricultural Bank of.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Agricultural Stock
Agricultural Bank financial ratios help investors to determine whether Agricultural 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 Agricultural with respect to the benefits of owning Agricultural Bank security.