Linde Plc (Germany) Market Value
| LIN Stock | EUR 415.40 10.20 2.40% |
| Symbol | Linde |
Linde 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 Linde 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 Linde Plc.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Linde Plc on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Linde plc or generate 0.0% return on investment in Linde Plc over 90 days. Linde Plc is related to or competes with Hastings Technology, Alfa Financial, Microchip Technology, Perseus Mining, Nippon Light, DAIDO METAL, and Sunny Optical. More
Linde 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 Linde 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 Linde plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0597 | |||
| Maximum Drawdown | 4.68 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.67 |
Linde Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Linde Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Linde Plc's standard deviation. In reality, there are many statistical measures that can use Linde Plc historical prices to predict the future Linde Plc's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.0638 | |||
| Treynor Ratio | (0.27) |
Linde plc Backtested Returns
Currently, Linde plc is very steady. Linde plc has Sharpe Ratio of 0.0125, which conveys that the firm had a 0.0125 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Linde Plc, which you can use to evaluate the volatility of the firm. Please verify Linde Plc's Risk Adjusted Performance of (0.06), standard deviation of 0.8983, and Mean Deviation of 0.6697 to check out if the risk estimate we provide is consistent with the expected return of 0.0111%. The company secures a Beta (Market Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Linde Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Linde Plc is expected to be smaller as well. Linde plc right now secures a risk of 0.88%. Please verify Linde plc treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if Linde plc will be following its current price movements.
Auto-correlation | 0.16 |
Very weak predictability
Linde plc has very weak predictability. Overlapping area represents the amount of predictability between Linde Plc time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Linde plc price movement. The serial correlation of 0.16 indicates that over 16.0% of current Linde Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 54.48 |
Linde plc lagged returns against current returns
Autocorrelation, which is Linde 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 Linde Plc's stock expected returns. We can calculate the autocorrelation of Linde Plc returns to help us make a trade decision. For example, suppose you find that Linde 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 |
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Linde 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 Linde Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Linde Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Linde Plc stock over time.
Current vs Lagged Prices |
| Timeline |
Linde Plc Lagged Returns
When evaluating Linde Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Linde Plc stock have on its future price. Linde 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, Linde Plc autocorrelation shows the relationship between Linde Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Linde plc.
Regressed Prices |
| Timeline |
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Additional Tools for Linde Stock Analysis
When running Linde Plc's price analysis, check to measure Linde Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Linde Plc is operating at the current time. Most of Linde Plc's value examination focuses on studying past and present price action to predict the probability of Linde Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Linde Plc's price. Additionally, you may evaluate how the addition of Linde Plc to your portfolios can decrease your overall portfolio volatility.