AIRBNB INC (Germany) Market Value
| 6Z1 Stock | EUR 132.16 5.46 4.31% |
| Symbol | AIRBNB |
AIRBNB INC '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 AIRBNB INC'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 AIRBNB INC.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in AIRBNB INC on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding AIRBNB INC DL 01 or generate 0.0% return on investment in AIRBNB INC over 180 days. AIRBNB INC is related to or competes with Ameriprise Financial, Chiba Bank, REVO INSURANCE, Hanover Insurance, Marie Brizard, CREDIT AGRICOLE, and VIRGIN WINES. Airbnb, Inc., together with its subsidiaries, operates a platform for stays and experiences to guests worldwide More
AIRBNB INC 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 AIRBNB INC'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 AIRBNB INC DL 01 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.0981 | |||
| Maximum Drawdown | 10.31 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 3.98 |
AIRBNB INC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AIRBNB INC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AIRBNB INC's standard deviation. In reality, there are many statistical measures that can use AIRBNB INC historical prices to predict the future AIRBNB INC's volatility.| Risk Adjusted Performance | 0.1219 | |||
| Jensen Alpha | 0.2537 | |||
| Total Risk Alpha | 0.0334 | |||
| Sortino Ratio | 0.1038 | |||
| Treynor Ratio | 0.639 |
AIRBNB INC DL Backtested Returns
AIRBNB INC appears to be very steady, given 3 months investment horizon. AIRBNB INC DL secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for AIRBNB INC DL 01, which you can use to evaluate the volatility of the firm. Please makes use of AIRBNB INC's risk adjusted performance of 0.1219, and Mean Deviation of 1.63 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AIRBNB INC holds a performance score of 14. The firm shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AIRBNB INC's returns are expected to increase less than the market. However, during the bear market, the loss of holding AIRBNB INC is expected to be smaller as well. Please check AIRBNB INC's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether AIRBNB INC's price patterns will revert.
Auto-correlation | -0.61 |
Very good reverse predictability
AIRBNB INC DL 01 has very good reverse predictability. Overlapping area represents the amount of predictability between AIRBNB INC time series from 27th of May 2024 to 25th of August 2024 and 25th of August 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 AIRBNB INC DL price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current AIRBNB INC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 83.56 |
AIRBNB INC DL lagged returns against current returns
Autocorrelation, which is AIRBNB INC 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 AIRBNB INC's stock expected returns. We can calculate the autocorrelation of AIRBNB INC returns to help us make a trade decision. For example, suppose you find that AIRBNB INC 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 |
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AIRBNB INC 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 AIRBNB INC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AIRBNB INC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AIRBNB INC stock over time.
Current vs Lagged Prices |
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AIRBNB INC Lagged Returns
When evaluating AIRBNB INC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AIRBNB INC stock have on its future price. AIRBNB INC 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, AIRBNB INC autocorrelation shows the relationship between AIRBNB INC stock current value and its past values and can show if there is a momentum factor associated with investing in AIRBNB INC DL 01.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AIRBNB Stock
AIRBNB INC financial ratios help investors to determine whether AIRBNB 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 AIRBNB with respect to the benefits of owning AIRBNB INC security.