Deutsche Pfandbriefbank (Germany) Market Value
| PBB Stock | 4.67 0.07 1.48% |
| Symbol | Deutsche |
Deutsche Pfandbriefbank '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 Deutsche Pfandbriefbank'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 Deutsche Pfandbriefbank.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Deutsche Pfandbriefbank on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Pfandbriefbank AG or generate 0.0% return on investment in Deutsche Pfandbriefbank over 30 days. Deutsche Pfandbriefbank is related to or competes with Mr Cooper, OSB GROUP, FIRST NATIONAL, ELLINGTON FINL, LOANDEPOT INC, and TIMBERCREEK FINL. More
Deutsche Pfandbriefbank 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 Deutsche Pfandbriefbank'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 Deutsche Pfandbriefbank AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 12.44 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 1.74 |
Deutsche Pfandbriefbank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Pfandbriefbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Pfandbriefbank's standard deviation. In reality, there are many statistical measures that can use Deutsche Pfandbriefbank historical prices to predict the future Deutsche Pfandbriefbank's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.4122 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deutsche Pfandbriefbank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Deutsche Pfandbriefbank Backtested Returns
Deutsche Pfandbriefbank secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the company had a -0.16% return per unit of risk over the last 3 months. Deutsche Pfandbriefbank AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deutsche Pfandbriefbank's Mean Deviation of 1.32, variance of 3.64, and Standard Deviation of 1.91 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.76, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Deutsche Pfandbriefbank are expected to decrease at a much lower rate. During the bear market, Deutsche Pfandbriefbank is likely to outperform the market. At this point, Deutsche Pfandbriefbank has a negative expected return of -0.3%. Please make sure to confirm Deutsche Pfandbriefbank's accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if Deutsche Pfandbriefbank performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Deutsche Pfandbriefbank AG has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Deutsche Pfandbriefbank time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Deutsche Pfandbriefbank price movement. The serial correlation of -0.77 indicates that around 77.0% of current Deutsche Pfandbriefbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Deutsche Pfandbriefbank lagged returns against current returns
Autocorrelation, which is Deutsche Pfandbriefbank 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 Deutsche Pfandbriefbank's stock expected returns. We can calculate the autocorrelation of Deutsche Pfandbriefbank returns to help us make a trade decision. For example, suppose you find that Deutsche Pfandbriefbank 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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Deutsche Pfandbriefbank 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 Deutsche Pfandbriefbank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Pfandbriefbank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deutsche Pfandbriefbank stock over time.
Current vs Lagged Prices |
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Deutsche Pfandbriefbank Lagged Returns
When evaluating Deutsche Pfandbriefbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Pfandbriefbank stock have on its future price. Deutsche Pfandbriefbank 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, Deutsche Pfandbriefbank autocorrelation shows the relationship between Deutsche Pfandbriefbank stock current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Pfandbriefbank AG.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Deutsche Stock Analysis
When running Deutsche Pfandbriefbank's price analysis, check to measure Deutsche Pfandbriefbank'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 Deutsche Pfandbriefbank is operating at the current time. Most of Deutsche Pfandbriefbank's value examination focuses on studying past and present price action to predict the probability of Deutsche Pfandbriefbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deutsche Pfandbriefbank's price. Additionally, you may evaluate how the addition of Deutsche Pfandbriefbank to your portfolios can decrease your overall portfolio volatility.