AdCapital (Germany) Market Value
| ADC Stock | EUR 2.22 0.12 5.13% |
| Symbol | AdCapital |
AdCapital '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 AdCapital'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 AdCapital.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in AdCapital on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding AdCapital AG or generate 0.0% return on investment in AdCapital over 30 days. AdCapital is related to or competes with Ameriprise Financial, Ares Management, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and NorAm Drilling. AdCapital AG, an industrial holding company, invests in electrical engineering, metal and plastics processing, machine a... More
AdCapital 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 AdCapital'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 AdCapital AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 14.22 | |||
| Value At Risk | (3.94) | |||
| Potential Upside | 3.2 |
AdCapital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AdCapital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AdCapital's standard deviation. In reality, there are many statistical measures that can use AdCapital historical prices to predict the future AdCapital's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (3.06) |
AdCapital AG Backtested Returns
AdCapital AG retains Efficiency (Sharpe Ratio) of -0.0825, which signifies that the company had a -0.0825% return per unit of risk over the last 3 months. AdCapital exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AdCapital's market risk adjusted performance of (3.05), and Variance of 4.83 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.0622, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AdCapital's returns are expected to increase less than the market. However, during the bear market, the loss of holding AdCapital is expected to be smaller as well. At this point, AdCapital AG has a negative expected return of -0.18%. Please make sure to confirm AdCapital's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if AdCapital AG performance from the past will be repeated at future time.
Auto-correlation | 0.13 |
Insignificant predictability
AdCapital AG has insignificant predictability. Overlapping area represents the amount of predictability between AdCapital time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 AdCapital AG price movement. The serial correlation of 0.13 indicates that less than 13.0% of current AdCapital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AdCapital AG lagged returns against current returns
Autocorrelation, which is AdCapital 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 AdCapital's stock expected returns. We can calculate the autocorrelation of AdCapital returns to help us make a trade decision. For example, suppose you find that AdCapital 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 |
AdCapital 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 AdCapital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AdCapital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AdCapital stock over time.
Current vs Lagged Prices |
| Timeline |
AdCapital Lagged Returns
When evaluating AdCapital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AdCapital stock have on its future price. AdCapital 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, AdCapital autocorrelation shows the relationship between AdCapital stock current value and its past values and can show if there is a momentum factor associated with investing in AdCapital AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AdCapital Stock
AdCapital financial ratios help investors to determine whether AdCapital 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 AdCapital with respect to the benefits of owning AdCapital security.