AURUBIS Dusseldorf (Germany) Market Value
| NDA Stock | EUR 76.20 0.65 0.86% |
| Symbol | AURUBIS |
AURUBIS Dusseldorf '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 AURUBIS Dusseldorf'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 AURUBIS Dusseldorf.
| 04/11/2024 |
| 01/06/2025 |
If you would invest 0.00 in AURUBIS Dusseldorf on April 11, 2024 and sell it all today you would earn a total of 0.00 from holding AURUBIS Dusseldorf or generate 0.0% return on investment in AURUBIS Dusseldorf over 270 days. AURUBIS Dusseldorf is related to or competes with Highlight Communications, Reinsurance Group, HANOVER INSURANCE, COMPUTERSHARE, Casio Computer, United Insurance, and Ecotel Communication. More
AURUBIS Dusseldorf 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 AURUBIS Dusseldorf'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 AURUBIS Dusseldorf upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.0984 | |||
| Maximum Drawdown | 14.93 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 3.68 |
AURUBIS Dusseldorf Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AURUBIS Dusseldorf's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AURUBIS Dusseldorf's standard deviation. In reality, there are many statistical measures that can use AURUBIS Dusseldorf historical prices to predict the future AURUBIS Dusseldorf's volatility.| Risk Adjusted Performance | 0.094 | |||
| Jensen Alpha | 0.2501 | |||
| Total Risk Alpha | 0.2119 | |||
| Sortino Ratio | 0.1152 | |||
| Treynor Ratio | (1.78) |
AURUBIS Dusseldorf Backtested Returns
AURUBIS Dusseldorf appears to be very steady, given 3 months investment horizon. AURUBIS Dusseldorf secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AURUBIS Dusseldorf, which you can use to evaluate the volatility of the firm. Please makes use of AURUBIS Dusseldorf's mean deviation of 1.58, and Risk Adjusted Performance of 0.094 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AURUBIS Dusseldorf holds a performance score of 10. The firm shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AURUBIS Dusseldorf are expected to decrease at a much lower rate. During the bear market, AURUBIS Dusseldorf is likely to outperform the market. Please check AURUBIS Dusseldorf's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether AURUBIS Dusseldorf's price patterns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
AURUBIS Dusseldorf has weak reverse predictability. Overlapping area represents the amount of predictability between AURUBIS Dusseldorf time series from 11th of April 2024 to 24th of August 2024 and 24th of August 2024 to 6th 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 AURUBIS Dusseldorf price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current AURUBIS Dusseldorf price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 40.61 |
AURUBIS Dusseldorf lagged returns against current returns
Autocorrelation, which is AURUBIS Dusseldorf 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 AURUBIS Dusseldorf's stock expected returns. We can calculate the autocorrelation of AURUBIS Dusseldorf returns to help us make a trade decision. For example, suppose you find that AURUBIS Dusseldorf 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 |
AURUBIS Dusseldorf 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 AURUBIS Dusseldorf stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AURUBIS Dusseldorf stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AURUBIS Dusseldorf stock over time.
Current vs Lagged Prices |
| Timeline |
AURUBIS Dusseldorf Lagged Returns
When evaluating AURUBIS Dusseldorf's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AURUBIS Dusseldorf stock have on its future price. AURUBIS Dusseldorf 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, AURUBIS Dusseldorf autocorrelation shows the relationship between AURUBIS Dusseldorf stock current value and its past values and can show if there is a momentum factor associated with investing in AURUBIS Dusseldorf.
Regressed Prices |
| Timeline |
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Additional Tools for AURUBIS Stock Analysis
When running AURUBIS Dusseldorf's price analysis, check to measure AURUBIS Dusseldorf'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 AURUBIS Dusseldorf is operating at the current time. Most of AURUBIS Dusseldorf's value examination focuses on studying past and present price action to predict the probability of AURUBIS Dusseldorf's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AURUBIS Dusseldorf's price. Additionally, you may evaluate how the addition of AURUBIS Dusseldorf to your portfolios can decrease your overall portfolio volatility.