LIFENET INSURANCE (Germany) Market Value
| 7XJ Stock | 12.10 0.10 0.83% |
| Symbol | LIFENET |
LIFENET 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 LIFENET 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 LIFENET INSURANCE.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in LIFENET INSURANCE on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding LIFENET INSURANCE CO or generate 0.0% return on investment in LIFENET INSURANCE over 720 days. LIFENET INSURANCE is related to or competes with Lyxor 1, Xtrackers ShortDAX, and Xtrackers LevDAX. More
LIFENET 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 LIFENET 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 LIFENET INSURANCE CO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.0289 | |||
| Maximum Drawdown | 12.54 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 4.63 |
LIFENET INSURANCE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LIFENET INSURANCE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LIFENET INSURANCE's standard deviation. In reality, there are many statistical measures that can use LIFENET INSURANCE historical prices to predict the future LIFENET INSURANCE's volatility.| Risk Adjusted Performance | 0.0703 | |||
| Jensen Alpha | 0.1856 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0312 | |||
| Treynor Ratio | 4.37 |
LIFENET INSURANCE Backtested Returns
At this point, LIFENET INSURANCE is not too volatile. LIFENET INSURANCE has Sharpe Ratio of 0.0814, which conveys that the firm had a 0.0814% return per unit of risk over the last 3 months. We have found thirty technical indicators for LIFENET INSURANCE, which you can use to evaluate the volatility of the firm. Please verify LIFENET INSURANCE's mean deviation of 1.78, and Risk Adjusted Performance of 0.0703 to check out if the risk estimate we provide is consistent with the expected return of 0.19%. LIFENET INSURANCE has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0437, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LIFENET INSURANCE's returns are expected to increase less than the market. However, during the bear market, the loss of holding LIFENET INSURANCE is expected to be smaller as well. LIFENET INSURANCE now secures a risk of 2.33%. Please verify LIFENET INSURANCE CO market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if LIFENET INSURANCE CO will be following its current price movements.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
LIFENET INSURANCE CO has almost perfect reverse predictability. Overlapping area represents the amount of predictability between LIFENET INSURANCE time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 LIFENET INSURANCE price movement. The serial correlation of -0.73 indicates that around 73.0% of current LIFENET INSURANCE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 2.14 |
LIFENET INSURANCE lagged returns against current returns
Autocorrelation, which is LIFENET 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 LIFENET INSURANCE's stock expected returns. We can calculate the autocorrelation of LIFENET INSURANCE returns to help us make a trade decision. For example, suppose you find that LIFENET 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 |
LIFENET 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 LIFENET INSURANCE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LIFENET INSURANCE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LIFENET INSURANCE stock over time.
Current vs Lagged Prices |
| Timeline |
LIFENET INSURANCE Lagged Returns
When evaluating LIFENET INSURANCE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LIFENET INSURANCE stock have on its future price. LIFENET 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, LIFENET INSURANCE autocorrelation shows the relationship between LIFENET INSURANCE stock current value and its past values and can show if there is a momentum factor associated with investing in LIFENET INSURANCE CO.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LIFENET Stock
LIFENET INSURANCE financial ratios help investors to determine whether LIFENET 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 LIFENET with respect to the benefits of owning LIFENET INSURANCE security.