AGCO (Germany) Market Value
| AGJ Stock | EUR 95.66 2.02 2.16% |
| Symbol | AGCO |
AGCO '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 AGCO'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 AGCO.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in AGCO on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding AGCO Corporation or generate 0.0% return on investment in AGCO over 360 days. AGCO is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide More
AGCO 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 AGCO'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 AGCO Corporation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.057 | |||
| Maximum Drawdown | 13.42 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 3.49 |
AGCO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGCO's standard deviation. In reality, there are many statistical measures that can use AGCO historical prices to predict the future AGCO's volatility.| Risk Adjusted Performance | 0.0946 | |||
| Jensen Alpha | 0.1934 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0586 | |||
| Treynor Ratio | 0.5653 |
AGCO Backtested Returns
AGCO appears to be very steady, given 3 months investment horizon. AGCO retains Efficiency (Sharpe Ratio) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for AGCO, which you can use to evaluate the volatility of the firm. Please makes use of AGCO's coefficient of variation of 867.97, and Market Risk Adjusted Performance of 0.5753 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AGCO holds a performance score of 10. The firm owns a Beta (Systematic Risk) of 0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AGCO's returns are expected to increase less than the market. However, during the bear market, the loss of holding AGCO is expected to be smaller as well. Please check AGCO's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether AGCO's current price history will revert.
Auto-correlation | 0.47 |
Average predictability
AGCO Corporation has average predictability. Overlapping area represents the amount of predictability between AGCO time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 2024 to 27th 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 AGCO price movement. The serial correlation of 0.47 indicates that about 47.0% of current AGCO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 30.06 |
AGCO lagged returns against current returns
Autocorrelation, which is AGCO 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 AGCO's stock expected returns. We can calculate the autocorrelation of AGCO returns to help us make a trade decision. For example, suppose you find that AGCO 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 |
AGCO 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 AGCO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGCO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGCO stock over time.
Current vs Lagged Prices |
| Timeline |
AGCO Lagged Returns
When evaluating AGCO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGCO stock have on its future price. AGCO 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, AGCO autocorrelation shows the relationship between AGCO stock current value and its past values and can show if there is a momentum factor associated with investing in AGCO Corporation.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in AGCO Stock
When determining whether AGCO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AGCO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agco Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agco Corporation Stock:Check out AGCO Correlation, AGCO Volatility and AGCO Alpha and Beta module to complement your research on AGCO. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
AGCO technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.