AGRANA Beteiligungs (Austria) Market Value
| AGR Stock | EUR 10.90 0.05 0.46% |
| Symbol | AGRANA |
AGRANA Beteiligungs '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 AGRANA Beteiligungs' 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 AGRANA Beteiligungs.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in AGRANA Beteiligungs on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding AGRANA Beteiligungs Aktiengesellschaft or generate 0.0% return on investment in AGRANA Beteiligungs over 720 days. AGRANA Beteiligungs is related to or competes with Oesterr Post, Andritz AG, EVN AG, Wienerberger, and UNIQA Insurance. AGRANA Beteiligungs-Aktiengesellschaft operates as a processor of agricultural raw materials worldwide More
AGRANA Beteiligungs 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 AGRANA Beteiligungs' 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 AGRANA Beteiligungs Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.14 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.76 |
AGRANA Beteiligungs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGRANA Beteiligungs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGRANA Beteiligungs' standard deviation. In reality, there are many statistical measures that can use AGRANA Beteiligungs historical prices to predict the future AGRANA Beteiligungs' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 1.28 |
AGRANA Beteiligungs Backtested Returns
AGRANA Beteiligungs secures Sharpe Ratio (or Efficiency) of -0.0899, which signifies that the company had a -0.0899% return per unit of risk over the last 3 months. AGRANA Beteiligungs Aktiengesellschaft exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AGRANA Beteiligungs' mean deviation of 1.22, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AGRANA Beteiligungs are expected to decrease at a much lower rate. During the bear market, AGRANA Beteiligungs is likely to outperform the market. At this point, AGRANA Beteiligungs has a negative expected return of -0.15%. Please make sure to confirm AGRANA Beteiligungs' potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if AGRANA Beteiligungs performance from the past will be repeated in the future.
Auto-correlation | 0.39 |
Below average predictability
AGRANA Beteiligungs Aktiengesellschaft has below average predictability. Overlapping area represents the amount of predictability between AGRANA Beteiligungs time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 AGRANA Beteiligungs price movement. The serial correlation of 0.39 indicates that just about 39.0% of current AGRANA Beteiligungs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.7 |
AGRANA Beteiligungs lagged returns against current returns
Autocorrelation, which is AGRANA Beteiligungs 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 AGRANA Beteiligungs' stock expected returns. We can calculate the autocorrelation of AGRANA Beteiligungs returns to help us make a trade decision. For example, suppose you find that AGRANA Beteiligungs 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 |
AGRANA Beteiligungs 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 AGRANA Beteiligungs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGRANA Beteiligungs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGRANA Beteiligungs stock over time.
Current vs Lagged Prices |
| Timeline |
AGRANA Beteiligungs Lagged Returns
When evaluating AGRANA Beteiligungs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGRANA Beteiligungs stock have on its future price. AGRANA Beteiligungs 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, AGRANA Beteiligungs autocorrelation shows the relationship between AGRANA Beteiligungs stock current value and its past values and can show if there is a momentum factor associated with investing in AGRANA Beteiligungs Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AGRANA Stock
AGRANA Beteiligungs financial ratios help investors to determine whether AGRANA 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 AGRANA with respect to the benefits of owning AGRANA Beteiligungs security.