Echiquier Major (Germany) Market Value

Symbol

Echiquier

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 Echiquier Major's fund 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 Echiquier Major.

Echiquier Major Upside/Downside Indicators

Echiquier Major Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Echiquier Major's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Echiquier Major's standard deviation. In reality, there are many statistical measures that can use Echiquier Major historical prices to predict the future Echiquier Major's volatility.

Autocorrelation, which is Echiquier Major fund'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 Echiquier Major's fund expected returns. We can calculate the autocorrelation of Echiquier Major returns to help us make a trade decision. For example, suppose you find that Echiquier Major has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Echiquier Major fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Echiquier Major fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Echiquier Major fund over time.

When evaluating Echiquier Major's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Echiquier Major fund have on its future price. Echiquier Major 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, Echiquier Major autocorrelation shows the relationship between Echiquier Major fund current value and its past values and can show if there is a momentum factor associated with investing in Echiquier Major SRI.

Echiquier Major financial ratios help investors to determine whether Echiquier Fund 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 Echiquier with respect to the benefits of owning Echiquier Major security.