SCHNEIDER NATLINC (Germany) Market Value
| SNIA Stock | EUR 27.60 0.00 0.00% |
| Symbol | SCHNEIDER |
SCHNEIDER NATLINC '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 SCHNEIDER NATLINC'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 SCHNEIDER NATLINC.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in SCHNEIDER NATLINC on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding SCHNEIDER NATLINC CLB or generate 0.0% return on investment in SCHNEIDER NATLINC over 30 days. SCHNEIDER NATLINC is related to or competes with Old Dominion, YAMATO HOLDINGS, Werner Enterprises, Seino Holdings, Heartland Express, and Fukuyama Transporting. Schneider National, Inc., a transportation and logistics services company, provides truckload, intermodal, and logistics... More
SCHNEIDER NATLINC 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 SCHNEIDER NATLINC'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 SCHNEIDER NATLINC CLB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | 0.0794 | |||
| Maximum Drawdown | 10.82 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 3.26 |
SCHNEIDER NATLINC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SCHNEIDER NATLINC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SCHNEIDER NATLINC's standard deviation. In reality, there are many statistical measures that can use SCHNEIDER NATLINC historical prices to predict the future SCHNEIDER NATLINC's volatility.| Risk Adjusted Performance | 0.0923 | |||
| Jensen Alpha | 0.1805 | |||
| Total Risk Alpha | 0.0877 | |||
| Sortino Ratio | 0.0837 | |||
| Treynor Ratio | 1.79 |
SCHNEIDER NATLINC CLB Backtested Returns
At this point, SCHNEIDER NATLINC is very steady. SCHNEIDER NATLINC CLB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0989, which indicates the company had a 0.0989% return per unit of volatility over the last 3 months. We have found twenty-four technical indicators for SCHNEIDER NATLINC CLB, which you can use to evaluate the volatility of the entity. Please validate SCHNEIDER NATLINC's Market Risk Adjusted Performance of 1.8, downside deviation of 1.69, and Risk Adjusted Performance of 0.0923 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. SCHNEIDER NATLINC has a performance score of 7 on a scale of 0 to 100. The firm has a beta of 0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SCHNEIDER NATLINC's returns are expected to increase less than the market. However, during the bear market, the loss of holding SCHNEIDER NATLINC is expected to be smaller as well. SCHNEIDER NATLINC CLB now has a risk of 1.83%. Please validate SCHNEIDER NATLINC variance, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if SCHNEIDER NATLINC will be following its existing price patterns.
Auto-correlation | 0.81 |
Very good predictability
SCHNEIDER NATLINC CLB has very good predictability. Overlapping area represents the amount of predictability between SCHNEIDER NATLINC time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 SCHNEIDER NATLINC CLB price movement. The serial correlation of 0.81 indicates that around 81.0% of current SCHNEIDER NATLINC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
SCHNEIDER NATLINC CLB lagged returns against current returns
Autocorrelation, which is SCHNEIDER NATLINC 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 SCHNEIDER NATLINC's stock expected returns. We can calculate the autocorrelation of SCHNEIDER NATLINC returns to help us make a trade decision. For example, suppose you find that SCHNEIDER NATLINC 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 |
SCHNEIDER NATLINC 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 SCHNEIDER NATLINC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SCHNEIDER NATLINC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SCHNEIDER NATLINC stock over time.
Current vs Lagged Prices |
| Timeline |
SCHNEIDER NATLINC Lagged Returns
When evaluating SCHNEIDER NATLINC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SCHNEIDER NATLINC stock have on its future price. SCHNEIDER NATLINC 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, SCHNEIDER NATLINC autocorrelation shows the relationship between SCHNEIDER NATLINC stock current value and its past values and can show if there is a momentum factor associated with investing in SCHNEIDER NATLINC CLB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SCHNEIDER Stock
SCHNEIDER NATLINC financial ratios help investors to determine whether SCHNEIDER 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 SCHNEIDER with respect to the benefits of owning SCHNEIDER NATLINC security.