BEKA LUX (Germany) Market Value
| 0P0001OSNK | 87.74 0.05 0.06% |
| Symbol | BEKA |
BEKA LUX '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 BEKA LUX'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 BEKA LUX.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in BEKA LUX on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding BEKA LUX SICAV or generate 0.0% return on investment in BEKA LUX over 30 days.
BEKA LUX 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 BEKA LUX's fund 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 BEKA LUX SICAV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2344 | |||
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.16 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.4501 |
BEKA LUX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BEKA LUX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BEKA LUX's standard deviation. In reality, there are many statistical measures that can use BEKA LUX historical prices to predict the future BEKA LUX's volatility.| Risk Adjusted Performance | 0.0918 | |||
| Jensen Alpha | 0.0277 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | (1.42) |
BEKA LUX SICAV Backtested Returns
As of now, BEKA Fund is very steady. BEKA LUX SICAV secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for BEKA LUX SICAV, which you can use to evaluate the volatility of the entity. Please confirm BEKA LUX's Semi Deviation of 0.0861, risk adjusted performance of 0.0918, and Mean Deviation of 0.1811 to double-check if the risk estimate we provide is consistent with the expected return of 0.0298%. The fund shows a Beta (market volatility) of -0.018, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BEKA LUX are expected to decrease at a much lower rate. During the bear market, BEKA LUX is likely to outperform the market.
Auto-correlation | 0.70 |
Good predictability
BEKA LUX SICAV has good predictability. Overlapping area represents the amount of predictability between BEKA LUX time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 BEKA LUX SICAV price movement. The serial correlation of 0.7 indicates that around 70.0% of current BEKA LUX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
BEKA LUX SICAV lagged returns against current returns
Autocorrelation, which is BEKA LUX 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 BEKA LUX's fund expected returns. We can calculate the autocorrelation of BEKA LUX returns to help us make a trade decision. For example, suppose you find that BEKA LUX 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.
Current and Lagged Values |
| Timeline |
BEKA LUX 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 BEKA LUX fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BEKA LUX fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BEKA LUX fund over time.
Current vs Lagged Prices |
| Timeline |
BEKA LUX Lagged Returns
When evaluating BEKA LUX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BEKA LUX fund have on its future price. BEKA LUX 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, BEKA LUX autocorrelation shows the relationship between BEKA LUX fund current value and its past values and can show if there is a momentum factor associated with investing in BEKA LUX SICAV.
Regressed Prices |
| Timeline |
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