Strix Group (Germany) Market Value
| SG9 Stock | EUR 0.57 0.01 1.79% |
| Symbol | Strix |
Strix Group '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 Strix Group'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 Strix Group.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Strix Group on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Strix Group Plc or generate 0.0% return on investment in Strix Group over 90 days. Strix Group is related to or competes with Calibre Mining, KOBE STEEL, Harmony Gold, BLUESCOPE STEEL, Ringmetall, Stag Industrial, and Zijin Mining. Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components and devices worldwide More
Strix Group 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 Strix Group'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 Strix Group Plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.19 | |||
| Information Ratio | 0.0418 | |||
| Maximum Drawdown | 14.61 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 3.77 |
Strix Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strix Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strix Group's standard deviation. In reality, there are many statistical measures that can use Strix Group historical prices to predict the future Strix Group's volatility.| Risk Adjusted Performance | 0.0073 | |||
| Jensen Alpha | 0.0427 | |||
| Total Risk Alpha | 0.297 | |||
| Sortino Ratio | 0.0318 | |||
| Treynor Ratio | (0.02) |
Strix Group Plc Backtested Returns
At this point, Strix Group is extremely dangerous. Strix Group Plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0356, which indicates the firm had a 0.0356 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Strix Group Plc, which you can use to evaluate the volatility of the company. Please validate Strix Group's Risk Adjusted Performance of 0.0073, semi deviation of 1.92, and Coefficient Of Variation of 97302.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.089%. Strix Group has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Strix Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Strix Group is expected to be smaller as well. Strix Group Plc right now has a risk of 2.5%. Please validate Strix Group maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Strix Group will be following its existing price patterns.
Auto-correlation | 0.36 |
Below average predictability
Strix Group Plc has below average predictability. Overlapping area represents the amount of predictability between Strix Group 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 Strix Group Plc price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Strix Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Strix Group Plc lagged returns against current returns
Autocorrelation, which is Strix Group 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 Strix Group's stock expected returns. We can calculate the autocorrelation of Strix Group returns to help us make a trade decision. For example, suppose you find that Strix Group 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 |
Strix Group 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 Strix Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strix Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Strix Group stock over time.
Current vs Lagged Prices |
| Timeline |
Strix Group Lagged Returns
When evaluating Strix Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strix Group stock have on its future price. Strix Group 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, Strix Group autocorrelation shows the relationship between Strix Group stock current value and its past values and can show if there is a momentum factor associated with investing in Strix Group Plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Strix Stock
Strix Group financial ratios help investors to determine whether Strix 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 Strix with respect to the benefits of owning Strix Group security.