Expeditors International (Germany) Market Value
| EW1 Stock | EUR 105.00 4.00 3.67% |
| Symbol | Expeditors |
Expeditors 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 Expeditors 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 Expeditors International.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Expeditors International on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Expeditors International of or generate 0.0% return on investment in Expeditors International over 720 days. Expeditors International is related to or competes with United Parcel, Deutsche Post, FedEx, DSV Panalpina, ZTO Express, Bollor SE, and Expeditors International. Expeditors International of Washington, Inc More
Expeditors 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 Expeditors 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 Expeditors International of upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.76 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 1.98 |
Expeditors International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Expeditors International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Expeditors International's standard deviation. In reality, there are many statistical measures that can use Expeditors International historical prices to predict the future Expeditors International's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.2697 |
Expeditors International Backtested Returns
Expeditors International secures Sharpe Ratio (or Efficiency) of -0.0261, which denotes the company had a -0.0261% return per unit of risk over the last 3 months. Expeditors International of exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Expeditors International's Mean Deviation of 1.0, standard deviation of 1.44, and Variance of 2.07 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Expeditors International are expected to decrease at a much lower rate. During the bear market, Expeditors International is likely to outperform the market. At this point, Expeditors International has a negative expected return of -0.0374%. Please make sure to confirm Expeditors International's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Expeditors International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Expeditors International of has insignificant predictability. Overlapping area represents the amount of predictability between Expeditors International time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Expeditors International price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Expeditors International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 12.0 |
Expeditors International lagged returns against current returns
Autocorrelation, which is Expeditors 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 Expeditors International's stock expected returns. We can calculate the autocorrelation of Expeditors International returns to help us make a trade decision. For example, suppose you find that Expeditors 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 |
Expeditors 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 Expeditors International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Expeditors International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Expeditors International stock over time.
Current vs Lagged Prices |
| Timeline |
Expeditors International Lagged Returns
When evaluating Expeditors International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Expeditors International stock have on its future price. Expeditors 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, Expeditors International autocorrelation shows the relationship between Expeditors International stock current value and its past values and can show if there is a momentum factor associated with investing in Expeditors International of.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Expeditors Stock
When determining whether Expeditors International is a strong investment it is important to analyze Expeditors International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Expeditors International's future performance. For an informed investment choice regarding Expeditors Stock, refer to the following important reports:Check out Expeditors International Correlation, Expeditors International Volatility and Expeditors International Alpha and Beta module to complement your research on Expeditors International. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Expeditors International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.