Easy Software (Germany) Market Value
| ESY Stock | EUR 18.90 1.80 10.53% |
| Symbol | Easy |
Easy Software '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 Easy Software'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 Easy Software.
| 01/13/2023 |
| 01/02/2025 |
If you would invest 0.00 in Easy Software on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding Easy Software AG or generate 0.0% return on investment in Easy Software over 720 days. Easy Software is related to or competes with GFL ENVIRONM, RELIANCE STEEL, Direct Line, Zurich Insurance, Insurance Australia, and INSURANCE AUST. More
Easy Software 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 Easy Software'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 Easy Software AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.09 | |||
| Information Ratio | 0.1836 | |||
| Maximum Drawdown | 12.76 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 3.66 |
Easy Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Easy Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Easy Software's standard deviation. In reality, there are many statistical measures that can use Easy Software historical prices to predict the future Easy Software's volatility.| Risk Adjusted Performance | 0.1583 | |||
| Jensen Alpha | 0.3935 | |||
| Total Risk Alpha | 0.391 | |||
| Sortino Ratio | 0.188 | |||
| Treynor Ratio | (1.15) |
Easy Software AG Backtested Returns
Easy Software appears to be not too volatile, given 3 months investment horizon. Easy Software AG secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Easy Software AG, which you can use to evaluate the volatility of the firm. Please utilize Easy Software's Mean Deviation of 1.25, coefficient of variation of 530.01, and Downside Deviation of 2.09 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Easy Software holds a performance score of 14. The firm shows a Beta (market volatility) of -0.34, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Easy Software are expected to decrease at a much lower rate. During the bear market, Easy Software is likely to outperform the market. Please check Easy Software's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Easy Software's price patterns will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
Easy Software AG has very weak reverse predictability. Overlapping area represents the amount of predictability between Easy Software time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd 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 Easy Software AG price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Easy Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Easy Software AG lagged returns against current returns
Autocorrelation, which is Easy Software 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 Easy Software's stock expected returns. We can calculate the autocorrelation of Easy Software returns to help us make a trade decision. For example, suppose you find that Easy Software 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 |
Easy Software 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 Easy Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Easy Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Easy Software stock over time.
Current vs Lagged Prices |
| Timeline |
Easy Software Lagged Returns
When evaluating Easy Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Easy Software stock have on its future price. Easy Software 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, Easy Software autocorrelation shows the relationship between Easy Software stock current value and its past values and can show if there is a momentum factor associated with investing in Easy Software AG.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Easy Stock
Easy Software financial ratios help investors to determine whether Easy 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 Easy with respect to the benefits of owning Easy Software security.