EQT AB (Germany) Market Value
| 6EQ Stock | EUR 26.35 1.07 4.23% |
| Symbol | EQT |
EQT AB '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 EQT AB'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 EQT AB.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in EQT AB on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding EQT AB or generate 0.0% return on investment in EQT AB over 30 days. EQT AB is related to or competes with Bank of New York Mellon, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, and NorAm Drilling. EQT AB is a private equity firm specializing in buyout investments More
EQT AB 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 EQT AB'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 EQT AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.86 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 4.17 |
EQT AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EQT AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EQT AB's standard deviation. In reality, there are many statistical measures that can use EQT AB historical prices to predict the future EQT AB's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.33) |
EQT AB Backtested Returns
EQT AB secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of volatility over the last 3 months. EQT AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EQT AB's Market Risk Adjusted Performance of (0.32), standard deviation of 1.92, and Mean Deviation of 1.36 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, EQT AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding EQT AB is expected to be smaller as well. At this point, EQT AB has a negative expected return of -0.21%. Please make sure to confirm EQT AB's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if EQT AB performance from the past will be repeated at future time.
Auto-correlation | 0.55 |
Modest predictability
EQT AB has modest predictability. Overlapping area represents the amount of predictability between EQT AB time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 EQT AB price movement. The serial correlation of 0.55 indicates that about 55.0% of current EQT AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
EQT AB lagged returns against current returns
Autocorrelation, which is EQT AB 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 EQT AB's stock expected returns. We can calculate the autocorrelation of EQT AB returns to help us make a trade decision. For example, suppose you find that EQT AB 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 |
EQT AB 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 EQT AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EQT AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EQT AB stock over time.
Current vs Lagged Prices |
| Timeline |
EQT AB Lagged Returns
When evaluating EQT AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EQT AB stock have on its future price. EQT AB 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, EQT AB autocorrelation shows the relationship between EQT AB stock current value and its past values and can show if there is a momentum factor associated with investing in EQT AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in EQT Stock
EQT AB financial ratios help investors to determine whether EQT 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 EQT with respect to the benefits of owning EQT AB security.