VARIOUS EATERIES (Germany) Market Value
| 63U Stock | EUR 0.21 0.00 0.00% |
| Symbol | VARIOUS |
VARIOUS EATERIES '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 VARIOUS EATERIES'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 VARIOUS EATERIES.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in VARIOUS EATERIES on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding VARIOUS EATERIES LS or generate 0.0% return on investment in VARIOUS EATERIES over 30 days. VARIOUS EATERIES is related to or competes with Wayside Technology, Sixt Leasing, X-FAB Silicon, SMA Solar, XLMedia PLC, and Amkor Technology. Various Eateries PLC owns, develops, and operates restaurant and hotel sites in the United Kingdom More
VARIOUS EATERIES 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 VARIOUS EATERIES'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 VARIOUS EATERIES LS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.76 |
VARIOUS EATERIES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VARIOUS EATERIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VARIOUS EATERIES's standard deviation. In reality, there are many statistical measures that can use VARIOUS EATERIES historical prices to predict the future VARIOUS EATERIES's volatility.| Risk Adjusted Performance | 0.0511 | |||
| Jensen Alpha | 0.0357 | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.2322 |
VARIOUS EATERIES Backtested Returns
At this point, VARIOUS EATERIES is abnormally volatile. VARIOUS EATERIES owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.062, which indicates the company had a 0.062% return per unit of standard deviation over the last 3 months. We have found sixteen technical indicators for VARIOUS EATERIES LS, which you can use to evaluate the volatility of the entity. Please validate VARIOUS EATERIES's Risk Adjusted Performance of 0.0511, standard deviation of 1.36, and Market Risk Adjusted Performance of 0.2422 to confirm if the risk estimate we provide is consistent with the expected return of 0.0856%. VARIOUS EATERIES has a performance score of 4 on a scale of 0 to 100. The firm has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VARIOUS EATERIES's returns are expected to increase less than the market. However, during the bear market, the loss of holding VARIOUS EATERIES is expected to be smaller as well. VARIOUS EATERIES currently has a risk of 1.38%. Please validate VARIOUS EATERIES maximum drawdown, kurtosis, and the relationship between the treynor ratio and skewness , to decide if VARIOUS EATERIES will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
VARIOUS EATERIES LS has no correlation between past and present. Overlapping area represents the amount of predictability between VARIOUS EATERIES time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 VARIOUS EATERIES price movement. The serial correlation of 0.0 indicates that just 0.0% of current VARIOUS EATERIES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
VARIOUS EATERIES lagged returns against current returns
Autocorrelation, which is VARIOUS EATERIES 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 VARIOUS EATERIES's stock expected returns. We can calculate the autocorrelation of VARIOUS EATERIES returns to help us make a trade decision. For example, suppose you find that VARIOUS EATERIES 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 |
VARIOUS EATERIES 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 VARIOUS EATERIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VARIOUS EATERIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VARIOUS EATERIES stock over time.
Current vs Lagged Prices |
| Timeline |
VARIOUS EATERIES Lagged Returns
When evaluating VARIOUS EATERIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VARIOUS EATERIES stock have on its future price. VARIOUS EATERIES 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, VARIOUS EATERIES autocorrelation shows the relationship between VARIOUS EATERIES stock current value and its past values and can show if there is a momentum factor associated with investing in VARIOUS EATERIES LS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in VARIOUS Stock
VARIOUS EATERIES financial ratios help investors to determine whether VARIOUS 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 VARIOUS with respect to the benefits of owning VARIOUS EATERIES security.