ÜSTRA Hannoversche (Germany) Market Value
| HVB Stock | EUR 9.70 0.30 3.00% |
| Symbol | ÜSTRA |
ÜSTRA Hannoversche '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 ÜSTRA Hannoversche'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 ÜSTRA Hannoversche.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in ÜSTRA Hannoversche on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding STRA Hannoversche Verkehrsbetriebe or generate 0.0% return on investment in ÜSTRA Hannoversche over 90 days. ÜSTRA Hannoversche is related to or competes with Aya Gold, Zijin Mining, Monument Mining, and Cognizant Technology. STRA Hannoversche Verkehrsbetriebe Aktiengesellschaft operates as a local public transportation company in Germany More
ÜSTRA Hannoversche 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 ÜSTRA Hannoversche'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 STRA Hannoversche Verkehrsbetriebe upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.71 | |||
| Information Ratio | 0.0833 | |||
| Maximum Drawdown | 11.53 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 3.19 |
ÜSTRA Hannoversche Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ÜSTRA Hannoversche's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ÜSTRA Hannoversche's standard deviation. In reality, there are many statistical measures that can use ÜSTRA Hannoversche historical prices to predict the future ÜSTRA Hannoversche's volatility.| Risk Adjusted Performance | 0.0349 | |||
| Jensen Alpha | 0.0368 | |||
| Total Risk Alpha | 0.3064 | |||
| Sortino Ratio | 0.0447 | |||
| Treynor Ratio | (0.31) |
ÜSTRA Hannoversche Backtested Returns
At this point, ÜSTRA Hannoversche is somewhat reliable. ÜSTRA Hannoversche shows Sharpe Ratio of close to zero, which attests that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for ÜSTRA Hannoversche, which you can use to evaluate the volatility of the company. Please check out ÜSTRA Hannoversche's Downside Deviation of 3.71, mean deviation of 0.9236, and Market Risk Adjusted Performance of (0.30) to validate if the risk estimate we provide is consistent with the expected return of 0.0201%. The firm maintains a market beta of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ÜSTRA Hannoversche are expected to decrease at a much lower rate. During the bear market, ÜSTRA Hannoversche is likely to outperform the market. ÜSTRA Hannoversche right now maintains a risk of 2.03%. Please check out ÜSTRA Hannoversche total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if ÜSTRA Hannoversche will be following its historical returns.
Auto-correlation | -0.31 |
Poor reverse predictability
STRA Hannoversche Verkehrsbetriebe has poor reverse predictability. Overlapping area represents the amount of predictability between ÜSTRA Hannoversche time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 ÜSTRA Hannoversche price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current ÜSTRA Hannoversche price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ÜSTRA Hannoversche lagged returns against current returns
Autocorrelation, which is ÜSTRA Hannoversche 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 ÜSTRA Hannoversche's stock expected returns. We can calculate the autocorrelation of ÜSTRA Hannoversche returns to help us make a trade decision. For example, suppose you find that ÜSTRA Hannoversche 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 |
ÜSTRA Hannoversche 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 ÜSTRA Hannoversche stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ÜSTRA Hannoversche stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ÜSTRA Hannoversche stock over time.
Current vs Lagged Prices |
| Timeline |
ÜSTRA Hannoversche Lagged Returns
When evaluating ÜSTRA Hannoversche's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ÜSTRA Hannoversche stock have on its future price. ÜSTRA Hannoversche 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, ÜSTRA Hannoversche autocorrelation shows the relationship between ÜSTRA Hannoversche stock current value and its past values and can show if there is a momentum factor associated with investing in STRA Hannoversche Verkehrsbetriebe.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ÜSTRA Stock
ÜSTRA Hannoversche financial ratios help investors to determine whether ÜSTRA 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 ÜSTRA with respect to the benefits of owning ÜSTRA Hannoversche security.