Tradegate (Germany) Market Value
| T2G Stock | EUR 87.50 0.00 0.00% |
| Symbol | Tradegate |
Tradegate '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 Tradegate'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 Tradegate.
| 11/05/2023 |
| 02/27/2025 |
If you would invest 0.00 in Tradegate on November 5, 2023 and sell it all today you would earn a total of 0.00 from holding Tradegate AG Wertpapierhandelsbank or generate 0.0% return on investment in Tradegate over 480 days. Tradegate is related to or competes with MAVEN WIRELESS, CN DATANG, Datalogic SpA, and DOCDATA. Tradegate AG Wertpapierhandelsbank provides various financial services in Germany More
Tradegate 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 Tradegate'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 Tradegate AG Wertpapierhandelsbank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 2.27 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.5714 |
Tradegate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tradegate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tradegate's standard deviation. In reality, there are many statistical measures that can use Tradegate historical prices to predict the future Tradegate's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.4807 |
Tradegate AG Wertpap Backtested Returns
Tradegate AG Wertpap owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0469, which indicates the firm had a -0.0469 % return per unit of risk over the last 3 months. Tradegate AG Wertpapierhandelsbank exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tradegate's Risk Adjusted Performance of (0.04), coefficient of variation of (2,251), and Variance of 0.1385 to confirm the risk estimate we provide. The entity has a beta of -0.0552, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tradegate are expected to decrease at a much lower rate. During the bear market, Tradegate is likely to outperform the market. At this point, Tradegate AG Wertpap has a negative expected return of -0.0185%. Please make sure to validate Tradegate's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if Tradegate AG Wertpap performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Tradegate AG Wertpapierhandelsbank has virtually no predictability. Overlapping area represents the amount of predictability between Tradegate time series from 5th of November 2023 to 2nd of July 2024 and 2nd of July 2024 to 27th of February 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 Tradegate AG Wertpap price movement. The serial correlation of 0.03 indicates that only 3.0% of current Tradegate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 42.49 |
Tradegate AG Wertpap lagged returns against current returns
Autocorrelation, which is Tradegate 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 Tradegate's stock expected returns. We can calculate the autocorrelation of Tradegate returns to help us make a trade decision. For example, suppose you find that Tradegate 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 |
Tradegate 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 Tradegate stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tradegate stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tradegate stock over time.
Current vs Lagged Prices |
| Timeline |
Tradegate Lagged Returns
When evaluating Tradegate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tradegate stock have on its future price. Tradegate 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, Tradegate autocorrelation shows the relationship between Tradegate stock current value and its past values and can show if there is a momentum factor associated with investing in Tradegate AG Wertpapierhandelsbank.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tradegate Stock
Tradegate financial ratios help investors to determine whether Tradegate 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 Tradegate with respect to the benefits of owning Tradegate security.