Yancoal Australia (Germany) Market Value
| YA1 Stock | EUR 3.11 0.01 0.32% |
| Symbol | Yancoal |
Yancoal Australia '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 Yancoal Australia'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 Yancoal Australia.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Yancoal Australia on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Yancoal Australia or generate 0.0% return on investment in Yancoal Australia over 90 days. Yancoal Australia is related to or competes with Tencent Music, Sims Metal, Zoom Video, GREENX METALS, DISTRICT METALS, Calibre Mining, and Ringmetall. Yancoal Australia Ltd Engages in the exploration, development, production, and marketing of metallurgical and thermal co... More
Yancoal Australia 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 Yancoal Australia'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 Yancoal Australia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 9.79 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 4.5 |
Yancoal Australia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yancoal Australia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yancoal Australia's standard deviation. In reality, there are many statistical measures that can use Yancoal Australia historical prices to predict the future Yancoal Australia's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | 0.1876 | |||
| Treynor Ratio | 0.4208 |
Yancoal Australia Backtested Returns
Yancoal Australia shows Sharpe Ratio of -0.0466, which attests that the company had a -0.0466 % return per unit of risk over the last 3 months. Yancoal Australia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yancoal Australia's Mean Deviation of 2.24, market risk adjusted performance of 0.4308, and Standard Deviation of 2.74 to validate the risk estimate we provide. The firm maintains a market beta of -0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Yancoal Australia are expected to decrease at a much lower rate. During the bear market, Yancoal Australia is likely to outperform the market. At this point, Yancoal Australia has a negative expected return of -0.13%. Please make sure to check out Yancoal Australia's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Yancoal Australia performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Yancoal Australia has below average predictability. Overlapping area represents the amount of predictability between Yancoal Australia 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 Yancoal Australia price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Yancoal Australia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Yancoal Australia lagged returns against current returns
Autocorrelation, which is Yancoal Australia 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 Yancoal Australia's stock expected returns. We can calculate the autocorrelation of Yancoal Australia returns to help us make a trade decision. For example, suppose you find that Yancoal Australia 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 |
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Yancoal Australia 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 Yancoal Australia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yancoal Australia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yancoal Australia stock over time.
Current vs Lagged Prices |
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Yancoal Australia Lagged Returns
When evaluating Yancoal Australia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yancoal Australia stock have on its future price. Yancoal Australia 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, Yancoal Australia autocorrelation shows the relationship between Yancoal Australia stock current value and its past values and can show if there is a momentum factor associated with investing in Yancoal Australia.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yancoal Stock
Yancoal Australia financial ratios help investors to determine whether Yancoal 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 Yancoal with respect to the benefits of owning Yancoal Australia security.