Bet-at-home (Germany) Market Value
| ACX Stock | EUR 2.64 0.05 1.93% |
| Symbol | Bet-at-home |
Bet-at-home '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 Bet-at-home'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 Bet-at-home.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Bet-at-home on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding bet at home AG or generate 0.0% return on investment in Bet-at-home over 180 days. Bet-at-home is related to or competes with SIVERS SEMICONDUCTORS, Darden Restaurants, Reliance Steel, Q2M Managementberatu, Hyster-Yale Materials, Hastings Technology, and Meli Hotels. More
Bet-at-home 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 Bet-at-home'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 bet at home AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 12.12 | |||
| Value At Risk | (4.13) | |||
| Potential Upside | 3.53 |
Bet-at-home Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bet-at-home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bet-at-home's standard deviation. In reality, there are many statistical measures that can use Bet-at-home historical prices to predict the future Bet-at-home's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | 1.87 |
bet at home Backtested Returns
bet at home secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. bet at home AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bet-at-home's Coefficient Of Variation of (717.96), risk adjusted performance of (0.1), and Standard Deviation of 2.44 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bet-at-home are expected to decrease at a much lower rate. During the bear market, Bet-at-home is likely to outperform the market. At this point, bet at home has a negative expected return of -0.35%. Please make sure to confirm Bet-at-home's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if bet at home performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
bet at home AG has good reverse predictability. Overlapping area represents the amount of predictability between Bet-at-home time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st of December 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 bet at home price movement. The serial correlation of -0.55 indicates that about 55.0% of current Bet-at-home price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
bet at home lagged returns against current returns
Autocorrelation, which is Bet-at-home 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 Bet-at-home's stock expected returns. We can calculate the autocorrelation of Bet-at-home returns to help us make a trade decision. For example, suppose you find that Bet-at-home 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 |
Bet-at-home 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 Bet-at-home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bet-at-home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bet-at-home stock over time.
Current vs Lagged Prices |
| Timeline |
Bet-at-home Lagged Returns
When evaluating Bet-at-home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bet-at-home stock have on its future price. Bet-at-home 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, Bet-at-home autocorrelation shows the relationship between Bet-at-home stock current value and its past values and can show if there is a momentum factor associated with investing in bet at home AG.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Bet-at-home Stock
Bet-at-home financial ratios help investors to determine whether Bet-at-home 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 Bet-at-home with respect to the benefits of owning Bet-at-home security.