Alarm Holdings (Germany) Market Value
| 3RL Stock | EUR 61.50 2.00 3.36% |
| Symbol | Alarm |
Alarm Holdings '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 Alarm Holdings' 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 Alarm Holdings.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Alarm Holdings on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Alarm Holdings or generate 0.0% return on investment in Alarm Holdings over 30 days. Alarm Holdings is related to or competes with Perdoceo Education, Ribbon Communications, Charter Communications, Cogent Communications, Gamma Communications, G8 EDUCATION, and Rogers Communications. More
Alarm Holdings 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 Alarm Holdings' 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 Alarm Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.0558 | |||
| Maximum Drawdown | 9.03 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.86 |
Alarm Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alarm Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alarm Holdings' standard deviation. In reality, there are many statistical measures that can use Alarm Holdings historical prices to predict the future Alarm Holdings' volatility.| Risk Adjusted Performance | 0.101 | |||
| Jensen Alpha | 0.0917 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0561 | |||
| Treynor Ratio | 0.1995 |
Alarm Holdings Backtested Returns
Alarm Holdings appears to be very steady, given 3 months investment horizon. Alarm Holdings secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Alarm Holdings, which you can use to evaluate the volatility of the firm. Please makes use of Alarm Holdings' mean deviation of 1.17, and Risk Adjusted Performance of 0.101 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Alarm Holdings holds a performance score of 9. The firm shows a Beta (market volatility) of 1.09, which signifies a somewhat significant risk relative to the market. Alarm Holdings returns are very sensitive to returns on the market. As the market goes up or down, Alarm Holdings is expected to follow. Please check Alarm Holdings' information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to make a quick decision on whether Alarm Holdings' price patterns will revert.
Auto-correlation | 0.94 |
Excellent predictability
Alarm Holdings has excellent predictability. Overlapping area represents the amount of predictability between Alarm Holdings time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Alarm Holdings price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Alarm Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 4.68 |
Alarm Holdings lagged returns against current returns
Autocorrelation, which is Alarm Holdings 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 Alarm Holdings' stock expected returns. We can calculate the autocorrelation of Alarm Holdings returns to help us make a trade decision. For example, suppose you find that Alarm Holdings 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 |
Alarm Holdings 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 Alarm Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alarm Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alarm Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Alarm Holdings Lagged Returns
When evaluating Alarm Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alarm Holdings stock have on its future price. Alarm Holdings 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, Alarm Holdings autocorrelation shows the relationship between Alarm Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Alarm Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Alarm Stock Analysis
When running Alarm Holdings' price analysis, check to measure Alarm Holdings' 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 Alarm Holdings is operating at the current time. Most of Alarm Holdings' value examination focuses on studying past and present price action to predict the probability of Alarm Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alarm Holdings' price. Additionally, you may evaluate how the addition of Alarm Holdings to your portfolios can decrease your overall portfolio volatility.