Sporttotal (Germany) Market Value
| WIG1 Stock | EUR 0.38 0.01 2.70% |
| Symbol | Sporttotal |
Sporttotal '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 Sporttotal'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 Sporttotal.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Sporttotal on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Sporttotal AG or generate 0.0% return on investment in Sporttotal over 180 days. Sporttotal is related to or competes with SIVERS SEMICONDUCTORS, Darden Restaurants, Reliance Steel, Q2M Managementberatu, Hyster-Yale Materials, Hastings Technology, and Meli Hotels. More
Sporttotal 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 Sporttotal'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 Sporttotal AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 24.67 | |||
| Value At Risk | (8.51) | |||
| Potential Upside | 8.33 |
Sporttotal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sporttotal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sporttotal's standard deviation. In reality, there are many statistical measures that can use Sporttotal historical prices to predict the future Sporttotal's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (1.08) | |||
| Treynor Ratio | 4.45 |
Sporttotal AG Backtested Returns
Sporttotal AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0628, which indicates the firm had a -0.0628% return per unit of risk over the last 3 months. Sporttotal AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sporttotal's Risk Adjusted Performance of (0.06), coefficient of variation of (1,207), and Variance of 18.29 to confirm the risk estimate we provide. The entity has a beta of -0.0819, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sporttotal are expected to decrease at a much lower rate. During the bear market, Sporttotal is likely to outperform the market. At this point, Sporttotal AG has a negative expected return of -0.27%. Please make sure to validate Sporttotal's value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Sporttotal AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.77 |
Good predictability
Sporttotal AG has good predictability. Overlapping area represents the amount of predictability between Sporttotal time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Sporttotal AG price movement. The serial correlation of 0.77 indicates that around 77.0% of current Sporttotal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sporttotal AG lagged returns against current returns
Autocorrelation, which is Sporttotal 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 Sporttotal's stock expected returns. We can calculate the autocorrelation of Sporttotal returns to help us make a trade decision. For example, suppose you find that Sporttotal 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 |
Sporttotal 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 Sporttotal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sporttotal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sporttotal stock over time.
Current vs Lagged Prices |
| Timeline |
Sporttotal Lagged Returns
When evaluating Sporttotal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sporttotal stock have on its future price. Sporttotal 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, Sporttotal autocorrelation shows the relationship between Sporttotal stock current value and its past values and can show if there is a momentum factor associated with investing in Sporttotal AG.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sporttotal Stock Analysis
When running Sporttotal's price analysis, check to measure Sporttotal'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 Sporttotal is operating at the current time. Most of Sporttotal's value examination focuses on studying past and present price action to predict the probability of Sporttotal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sporttotal's price. Additionally, you may evaluate how the addition of Sporttotal to your portfolios can decrease your overall portfolio volatility.