MSAD INSURANCE (Germany) Market Value
| 59M Stock | EUR 21.80 0.20 0.93% |
| Symbol | MSAD |
MSAD INSURANCE '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 MSAD INSURANCE'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 MSAD INSURANCE.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in MSAD INSURANCE on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding MSAD INSURANCE or generate 0.0% return on investment in MSAD INSURANCE over 30 days. MSAD INSURANCE is related to or competes with Apple, Apple, Apple, Microsoft, and Microsoft. More
MSAD INSURANCE 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 MSAD INSURANCE'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 MSAD INSURANCE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.49 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 1.94 |
MSAD INSURANCE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MSAD INSURANCE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MSAD INSURANCE's standard deviation. In reality, there are many statistical measures that can use MSAD INSURANCE historical prices to predict the future MSAD INSURANCE's volatility.| Risk Adjusted Performance | 0.0521 | |||
| Jensen Alpha | 0.0287 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2051 |
MSAD INSURANCE Backtested Returns
Currently, MSAD INSURANCE is very steady. MSAD INSURANCE retains Efficiency (Sharpe Ratio) of 0.0884, which conveys that the firm had a 0.0884% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for MSAD INSURANCE, which you can use to evaluate the volatility of the firm. Please verify MSAD INSURANCE's Mean Deviation of 0.8533, market risk adjusted performance of 0.2151, and Downside Deviation of 1.73 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. MSAD INSURANCE has a performance score of 6 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MSAD INSURANCE's returns are expected to increase less than the market. However, during the bear market, the loss of holding MSAD INSURANCE is expected to be smaller as well. MSAD INSURANCE currently owns a risk of 1.26%. Please verify MSAD INSURANCE jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if MSAD INSURANCE will be following its current price history.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
MSAD INSURANCE has almost perfect reverse predictability. Overlapping area represents the amount of predictability between MSAD INSURANCE time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 MSAD INSURANCE price movement. The serial correlation of -0.8 indicates that around 80.0% of current MSAD INSURANCE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
MSAD INSURANCE lagged returns against current returns
Autocorrelation, which is MSAD INSURANCE 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 MSAD INSURANCE's stock expected returns. We can calculate the autocorrelation of MSAD INSURANCE returns to help us make a trade decision. For example, suppose you find that MSAD INSURANCE 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 |
MSAD INSURANCE 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 MSAD INSURANCE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MSAD INSURANCE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MSAD INSURANCE stock over time.
Current vs Lagged Prices |
| Timeline |
MSAD INSURANCE Lagged Returns
When evaluating MSAD INSURANCE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MSAD INSURANCE stock have on its future price. MSAD INSURANCE 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, MSAD INSURANCE autocorrelation shows the relationship between MSAD INSURANCE stock current value and its past values and can show if there is a momentum factor associated with investing in MSAD INSURANCE.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for MSAD Stock Analysis
When running MSAD INSURANCE's price analysis, check to measure MSAD INSURANCE's 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 MSAD INSURANCE is operating at the current time. Most of MSAD INSURANCE's value examination focuses on studying past and present price action to predict the probability of MSAD INSURANCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MSAD INSURANCE's price. Additionally, you may evaluate how the addition of MSAD INSURANCE to your portfolios can decrease your overall portfolio volatility.