Ackermans Van (Belgium) Market Value
| ACKB Stock | EUR 181.40 9.10 4.78% |
| Symbol | Ackermans |
Ackermans Van '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 Ackermans Van'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 Ackermans Van.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Ackermans Van on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Ackermans Van Haaren or generate 0.0% return on investment in Ackermans Van over 30 days. Ackermans Van is related to or competes with Sofina Socit, Groep Brussel, Brederode, Solvay SA, and Ageas SANV. Ackermans Van Haaren NV primarily engages in the marine engineering and contracting, private banking, real estate and se... More
Ackermans Van 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 Ackermans Van'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 Ackermans Van Haaren upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7597 | |||
| Information Ratio | 0.0296 | |||
| Maximum Drawdown | 6.1 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.65 |
Ackermans Van Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ackermans Van's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ackermans Van's standard deviation. In reality, there are many statistical measures that can use Ackermans Van historical prices to predict the future Ackermans Van's volatility.| Risk Adjusted Performance | 0.1281 | |||
| Jensen Alpha | 0.1 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0378 | |||
| Treynor Ratio | 0.3646 |
Ackermans Van Haaren Backtested Returns
Currently, Ackermans Van Haaren is very steady. Ackermans Van Haaren secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ackermans Van Haaren, which you can use to evaluate the volatility of the firm. Please confirm Ackermans Van's Downside Deviation of 0.7597, mean deviation of 0.7303, and Risk Adjusted Performance of 0.1281 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Ackermans Van has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ackermans Van's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ackermans Van is expected to be smaller as well. Ackermans Van Haaren right now shows a risk of 0.98%. Please confirm Ackermans Van Haaren standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Ackermans Van Haaren will be following its price patterns.
Auto-correlation | -0.27 |
Weak reverse predictability
Ackermans Van Haaren has weak reverse predictability. Overlapping area represents the amount of predictability between Ackermans Van 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 Ackermans Van Haaren price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Ackermans Van price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 6.26 |
Ackermans Van Haaren lagged returns against current returns
Autocorrelation, which is Ackermans Van 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 Ackermans Van's stock expected returns. We can calculate the autocorrelation of Ackermans Van returns to help us make a trade decision. For example, suppose you find that Ackermans Van 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 |
Ackermans Van 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 Ackermans Van stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ackermans Van stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ackermans Van stock over time.
Current vs Lagged Prices |
| Timeline |
Ackermans Van Lagged Returns
When evaluating Ackermans Van's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ackermans Van stock have on its future price. Ackermans Van 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, Ackermans Van autocorrelation shows the relationship between Ackermans Van stock current value and its past values and can show if there is a momentum factor associated with investing in Ackermans Van Haaren.
Regressed Prices |
| Timeline |
Pair Trading with Ackermans Van
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ackermans Van position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ackermans Van will appreciate offsetting losses from the drop in the long position's value.Moving together with Ackermans Stock
Moving against Ackermans Stock
The ability to find closely correlated positions to Ackermans Van could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ackermans Van when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ackermans Van - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ackermans Van Haaren to buy it.
The correlation of Ackermans Van is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ackermans Van moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ackermans Van Haaren moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ackermans Van can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ackermans Stock Analysis
When running Ackermans Van's price analysis, check to measure Ackermans Van'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 Ackermans Van is operating at the current time. Most of Ackermans Van's value examination focuses on studying past and present price action to predict the probability of Ackermans Van's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ackermans Van's price. Additionally, you may evaluate how the addition of Ackermans Van to your portfolios can decrease your overall portfolio volatility.