APERAM REG (Germany) Market Value
| 7AA Stock | EUR 27.76 0.52 1.84% |
| Symbol | APERAM |
APERAM REG '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 APERAM REG'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 APERAM REG.
| 12/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in APERAM REG on December 28, 2023 and sell it all today you would earn a total of 0.00 from holding APERAM REG or generate 0.0% return on investment in APERAM REG over 330 days. APERAM REG is related to or competes with Boston Beer, Tsingtao Brewery, Thai Beverage, Safety Insurance, THAI BEVERAGE, United Breweries, and MOLSON COORS. More
APERAM REG 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 APERAM REG'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 APERAM REG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.0498 | |||
| Maximum Drawdown | 8.3 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 3.65 |
APERAM REG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for APERAM REG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as APERAM REG's standard deviation. In reality, there are many statistical measures that can use APERAM REG historical prices to predict the future APERAM REG's volatility.| Risk Adjusted Performance | 0.0914 | |||
| Jensen Alpha | 0.1878 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0456 | |||
| Treynor Ratio | (15.17) |
APERAM REG Backtested Returns
APERAM REG appears to be very steady, given 3 months investment horizon. APERAM REG secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for APERAM REG, which you can use to evaluate the volatility of the firm. Please makes use of APERAM REG's Risk Adjusted Performance of 0.0914, downside deviation of 1.91, and Mean Deviation of 1.13 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, APERAM REG holds a performance score of 8. The firm shows a Beta (market volatility) of -0.0123, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning APERAM REG are expected to decrease at a much lower rate. During the bear market, APERAM REG is likely to outperform the market. Please check APERAM REG's information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to make a quick decision on whether APERAM REG's price patterns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
APERAM REG has good reverse predictability. Overlapping area represents the amount of predictability between APERAM REG time series from 28th of December 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 APERAM REG price movement. The serial correlation of -0.51 indicates that about 51.0% of current APERAM REG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.33 |
APERAM REG lagged returns against current returns
Autocorrelation, which is APERAM REG 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 APERAM REG's stock expected returns. We can calculate the autocorrelation of APERAM REG returns to help us make a trade decision. For example, suppose you find that APERAM REG 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 |
APERAM REG 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 APERAM REG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if APERAM REG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in APERAM REG stock over time.
Current vs Lagged Prices |
| Timeline |
APERAM REG Lagged Returns
When evaluating APERAM REG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of APERAM REG stock have on its future price. APERAM REG 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, APERAM REG autocorrelation shows the relationship between APERAM REG stock current value and its past values and can show if there is a momentum factor associated with investing in APERAM REG.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for APERAM Stock Analysis
When running APERAM REG's price analysis, check to measure APERAM REG'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 APERAM REG is operating at the current time. Most of APERAM REG's value examination focuses on studying past and present price action to predict the probability of APERAM REG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move APERAM REG's price. Additionally, you may evaluate how the addition of APERAM REG to your portfolios can decrease your overall portfolio volatility.