ITALIAN WINE (Germany) Market Value
| MR3 Stock | 19.50 0.20 1.04% |
| Symbol | ITALIAN |
ITALIAN WINE '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 ITALIAN WINE'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 ITALIAN WINE.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in ITALIAN WINE on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding ITALIAN WINE BRANDS or generate 0.0% return on investment in ITALIAN WINE over 90 days. ITALIAN WINE is related to or competes with Geratherm Medical, ONWARD MEDICAL, Medical Properties, Perseus Mining, and Darden Restaurants. More
ITALIAN WINE 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 ITALIAN WINE'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 ITALIAN WINE BRANDS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 23.45 | |||
| Value At Risk | (4.98) | |||
| Potential Upside | 2.76 |
ITALIAN WINE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ITALIAN WINE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ITALIAN WINE's standard deviation. In reality, there are many statistical measures that can use ITALIAN WINE historical prices to predict the future ITALIAN WINE's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | 0.2314 | |||
| Treynor Ratio | (6.57) |
ITALIAN WINE BRANDS Backtested Returns
ITALIAN WINE BRANDS retains Efficiency (Sharpe Ratio) of -0.0471, which attests that the entity had a -0.0471 % return per unit of return volatility over the last 3 months. ITALIAN WINE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ITALIAN WINE's Market Risk Adjusted Performance of (6.56), coefficient of variation of (2,477), and Standard Deviation of 2.84 to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.019, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ITALIAN WINE's returns are expected to increase less than the market. However, during the bear market, the loss of holding ITALIAN WINE is expected to be smaller as well. At this point, ITALIAN WINE BRANDS has a negative expected return of -0.14%. Please make sure to check out ITALIAN WINE's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if ITALIAN WINE BRANDS performance from the past will be repeated in the future.
Auto-correlation | -0.1 |
Very weak reverse predictability
ITALIAN WINE BRANDS has very weak reverse predictability. Overlapping area represents the amount of predictability between ITALIAN WINE 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 ITALIAN WINE BRANDS price movement. The serial correlation of -0.1 indicates that less than 10.0% of current ITALIAN WINE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 1.01 |
ITALIAN WINE BRANDS lagged returns against current returns
Autocorrelation, which is ITALIAN WINE 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 ITALIAN WINE's stock expected returns. We can calculate the autocorrelation of ITALIAN WINE returns to help us make a trade decision. For example, suppose you find that ITALIAN WINE 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 |
ITALIAN WINE 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 ITALIAN WINE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ITALIAN WINE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ITALIAN WINE stock over time.
Current vs Lagged Prices |
| Timeline |
ITALIAN WINE Lagged Returns
When evaluating ITALIAN WINE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ITALIAN WINE stock have on its future price. ITALIAN WINE 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, ITALIAN WINE autocorrelation shows the relationship between ITALIAN WINE stock current value and its past values and can show if there is a momentum factor associated with investing in ITALIAN WINE BRANDS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ITALIAN Stock
ITALIAN WINE financial ratios help investors to determine whether ITALIAN 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 ITALIAN with respect to the benefits of owning ITALIAN WINE security.