AGF Management (Germany) Market Value
| A3J Stock | EUR 7.25 0.10 1.40% |
| Symbol | AGF |
AGF Management '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 AGF Management'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 AGF Management.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in AGF Management on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding AGF Management Limited or generate 0.0% return on investment in AGF Management over 180 days. AGF Management is related to or competes with CPU SOFTWAREHOUSE, Solstad Offshore, and WT OFFSHORE. AGF Management Limited is a publicly owned asset management holding company More
AGF Management 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 AGF Management'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 AGF Management Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | 0.1936 | |||
| Maximum Drawdown | 10.56 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 3.7 |
AGF Management Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGF Management's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGF Management's standard deviation. In reality, there are many statistical measures that can use AGF Management historical prices to predict the future AGF Management's volatility.| Risk Adjusted Performance | 0.2026 | |||
| Jensen Alpha | 0.5122 | |||
| Total Risk Alpha | 0.1968 | |||
| Sortino Ratio | 0.1779 | |||
| Treynor Ratio | 4.02 |
AGF Management Backtested Returns
AGF Management appears to be somewhat reliable, given 3 months investment horizon. AGF Management secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of risk over the last 3 months. By evaluating AGF Management's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of AGF Management's Risk Adjusted Performance of 0.2026, mean deviation of 1.48, and Downside Deviation of 2.29 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AGF Management holds a performance score of 20. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AGF Management's returns are expected to increase less than the market. However, during the bear market, the loss of holding AGF Management is expected to be smaller as well. Please check AGF Management's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether AGF Management's price patterns will revert.
Auto-correlation | -0.54 |
Good reverse predictability
AGF Management Limited has good reverse predictability. Overlapping area represents the amount of predictability between AGF Management 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 AGF Management price movement. The serial correlation of -0.54 indicates that about 54.0% of current AGF Management price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.8 |
AGF Management lagged returns against current returns
Autocorrelation, which is AGF Management 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 AGF Management's stock expected returns. We can calculate the autocorrelation of AGF Management returns to help us make a trade decision. For example, suppose you find that AGF Management 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 |
AGF Management 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 AGF Management stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGF Management stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGF Management stock over time.
Current vs Lagged Prices |
| Timeline |
AGF Management Lagged Returns
When evaluating AGF Management's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGF Management stock have on its future price. AGF Management 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, AGF Management autocorrelation shows the relationship between AGF Management stock current value and its past values and can show if there is a momentum factor associated with investing in AGF Management Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AGF Stock
AGF Management financial ratios help investors to determine whether AGF 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 AGF with respect to the benefits of owning AGF Management security.