AURUBIS (Germany) Market Value
| NDA Stock | EUR 73.25 0.20 0.27% |
| Symbol | AURUBIS |
AURUBIS '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'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.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in AURUBIS on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding AURUBIS or generate 0.0% return on investment in AURUBIS over 30 days. AURUBIS is related to or competes with RETAIL FOOD, Retail Estates, MARKET VECTR, BJs Wholesale, GameStop Corp, Caseys General, and TROPHY GAMES. More
AURUBIS 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'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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.19 | |||
| Information Ratio | 0.072 | |||
| Maximum Drawdown | 14.22 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 3.1 |
AURUBIS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AURUBIS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AURUBIS's standard deviation. In reality, there are many statistical measures that can use AURUBIS historical prices to predict the future AURUBIS's volatility.| Risk Adjusted Performance | 0.0845 | |||
| Jensen Alpha | 0.1909 | |||
| Total Risk Alpha | 0.1045 | |||
| Sortino Ratio | 0.0802 | |||
| Treynor Ratio | 0.3576 |
AURUBIS Backtested Returns
Currently, AURUBIS is very steady. AURUBIS secures Sharpe Ratio (or Efficiency) of 0.0299, which signifies that the company had a 0.0299 % return per unit of risk over the last 3 months. We have found thirty technical indicators for AURUBIS, which you can use to evaluate the volatility of the firm. Please confirm AURUBIS's risk adjusted performance of 0.0845, and Mean Deviation of 1.6 to double-check if the risk estimate we provide is consistent with the expected return of 0.075%. AURUBIS has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AURUBIS's returns are expected to increase less than the market. However, during the bear market, the loss of holding AURUBIS is expected to be smaller as well. AURUBIS currently shows a risk of 2.51%. Please confirm AURUBIS treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to decide if AURUBIS will be following its price patterns.
Auto-correlation | -0.64 |
Very good reverse predictability
AURUBIS has very good reverse predictability. Overlapping area represents the amount of predictability between AURUBIS time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th 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 price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current AURUBIS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 2.77 |
AURUBIS lagged returns against current returns
Autocorrelation, which is AURUBIS 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's stock expected returns. We can calculate the autocorrelation of AURUBIS returns to help us make a trade decision. For example, suppose you find that AURUBIS 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AURUBIS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AURUBIS stock over time.
Current vs Lagged Prices |
| Timeline |
AURUBIS Lagged Returns
When evaluating AURUBIS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AURUBIS stock have on its future price. AURUBIS 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 autocorrelation shows the relationship between AURUBIS stock current value and its past values and can show if there is a momentum factor associated with investing in AURUBIS.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for AURUBIS Stock Analysis
When running AURUBIS's price analysis, check to measure AURUBIS'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 is operating at the current time. Most of AURUBIS's value examination focuses on studying past and present price action to predict the probability of AURUBIS'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's price. Additionally, you may evaluate how the addition of AURUBIS to your portfolios can decrease your overall portfolio volatility.