ALIBHLINFTECUNSPADR (Germany) Market Value
| TWYA Stock | EUR 12.00 0.50 4.00% |
| Symbol | ALIBHLINFTECUNSPADR |
ALIBHLINFTECUNSPADR '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 ALIBHLINFTECUNSPADR'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 ALIBHLINFTECUNSPADR.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in ALIBHLINFTECUNSPADR on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding ALIBHLINFTECUNSPADR or generate 0.0% return on investment in ALIBHLINFTECUNSPADR over 90 days. ALIBHLINFTECUNSPADR is related to or competes with Sekisui Chemical, Hisense Home, 24SEVENOFFICE GROUP, X-FAB Silicon, and IMPERIAL TOBACCO. Alibaba Health Information Technology Limited, an investment holding company, engages in the pharmaceutical direct sales... More
ALIBHLINFTECUNSPADR 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 ALIBHLINFTECUNSPADR'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 ALIBHLINFTECUNSPADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.0 | |||
| Information Ratio | 0.1439 | |||
| Maximum Drawdown | 39.74 | |||
| Value At Risk | (7.30) | |||
| Potential Upside | 9.28 |
ALIBHLINFTECUNSPADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALIBHLINFTECUNSPADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ALIBHLINFTECUNSPADR's standard deviation. In reality, there are many statistical measures that can use ALIBHLINFTECUNSPADR historical prices to predict the future ALIBHLINFTECUNSPADR's volatility.| Risk Adjusted Performance | 0.1183 | |||
| Jensen Alpha | 0.7143 | |||
| Total Risk Alpha | 1.39 | |||
| Sortino Ratio | 0.1606 | |||
| Treynor Ratio | 3.8 |
ALIBHLINFTECUNSPADR Backtested Returns
ALIBHLINFTECUNSPADR appears to be slightly risky, given 3 months investment horizon. ALIBHLINFTECUNSPADR secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of return volatility over the last 3 months. By examining ALIBHLINFTECUNSPADR's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please makes use of ALIBHLINFTECUNSPADR's Semi Deviation of 4.1, mean deviation of 3.66, and Risk Adjusted Performance of 0.1183 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ALIBHLINFTECUNSPADR holds a performance score of 10. The firm shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ALIBHLINFTECUNSPADR's returns are expected to increase less than the market. However, during the bear market, the loss of holding ALIBHLINFTECUNSPADR is expected to be smaller as well. Please check ALIBHLINFTECUNSPADR's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether ALIBHLINFTECUNSPADR's price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
ALIBHLINFTECUNSPADR has poor reverse predictability. Overlapping area represents the amount of predictability between ALIBHLINFTECUNSPADR time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 ALIBHLINFTECUNSPADR price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current ALIBHLINFTECUNSPADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 4.29 |
ALIBHLINFTECUNSPADR lagged returns against current returns
Autocorrelation, which is ALIBHLINFTECUNSPADR 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 ALIBHLINFTECUNSPADR's stock expected returns. We can calculate the autocorrelation of ALIBHLINFTECUNSPADR returns to help us make a trade decision. For example, suppose you find that ALIBHLINFTECUNSPADR 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 |
ALIBHLINFTECUNSPADR 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 ALIBHLINFTECUNSPADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ALIBHLINFTECUNSPADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ALIBHLINFTECUNSPADR stock over time.
Current vs Lagged Prices |
| Timeline |
ALIBHLINFTECUNSPADR Lagged Returns
When evaluating ALIBHLINFTECUNSPADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ALIBHLINFTECUNSPADR stock have on its future price. ALIBHLINFTECUNSPADR 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, ALIBHLINFTECUNSPADR autocorrelation shows the relationship between ALIBHLINFTECUNSPADR stock current value and its past values and can show if there is a momentum factor associated with investing in ALIBHLINFTECUNSPADR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ALIBHLINFTECUNSPADR Stock
ALIBHLINFTECUNSPADR financial ratios help investors to determine whether ALIBHLINFTECUNSPADR 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 ALIBHLINFTECUNSPADR with respect to the benefits of owning ALIBHLINFTECUNSPADR security.