AUTO TRADER (Germany) Market Value
| 2UA0 Stock | 2.40 0.04 1.69% |
| Symbol | AUTO |
AUTO TRADER '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 AUTO TRADER'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 AUTO TRADER.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in AUTO TRADER on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding AUTO TRADER ADR or generate 0.0% return on investment in AUTO TRADER over 30 days. AUTO TRADER is related to or competes with Meta Platforms, Tencent Holdings, and Tencent Holdings. More
AUTO TRADER 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 AUTO TRADER'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 AUTO TRADER ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.41 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 12.39 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 2.48 |
AUTO TRADER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AUTO TRADER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AUTO TRADER's standard deviation. In reality, there are many statistical measures that can use AUTO TRADER historical prices to predict the future AUTO TRADER's volatility.| Risk Adjusted Performance | 0.0359 | |||
| Jensen Alpha | 0.0418 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.3981 |
AUTO TRADER ADR Backtested Returns
AUTO TRADER ADR secures Sharpe Ratio (or Efficiency) of -3.0E-4, which signifies that the company had a -3.0E-4% return per unit of risk over the last 3 months. AUTO TRADER ADR exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AUTO TRADER's mean deviation of 0.9929, and Risk Adjusted Performance of 0.0359 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AUTO TRADER's returns are expected to increase less than the market. However, during the bear market, the loss of holding AUTO TRADER is expected to be smaller as well. At this point, AUTO TRADER ADR has a negative expected return of -5.0E-4%. Please make sure to confirm AUTO TRADER's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if AUTO TRADER ADR performance from the past will be repeated at future time.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
AUTO TRADER ADR has almost perfect reverse predictability. Overlapping area represents the amount of predictability between AUTO TRADER time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 AUTO TRADER ADR price movement. The serial correlation of -0.79 indicates that around 79.0% of current AUTO TRADER price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AUTO TRADER ADR lagged returns against current returns
Autocorrelation, which is AUTO TRADER 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 AUTO TRADER's stock expected returns. We can calculate the autocorrelation of AUTO TRADER returns to help us make a trade decision. For example, suppose you find that AUTO TRADER 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 |
AUTO TRADER 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 AUTO TRADER stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AUTO TRADER stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AUTO TRADER stock over time.
Current vs Lagged Prices |
| Timeline |
AUTO TRADER Lagged Returns
When evaluating AUTO TRADER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AUTO TRADER stock have on its future price. AUTO TRADER 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, AUTO TRADER autocorrelation shows the relationship between AUTO TRADER stock current value and its past values and can show if there is a momentum factor associated with investing in AUTO TRADER ADR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AUTO Stock
AUTO TRADER financial ratios help investors to determine whether AUTO 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 AUTO with respect to the benefits of owning AUTO TRADER security.