Koninklijke Ahold (Germany) Market Value
| AHOG Stock | 32.65 0.26 0.79% |
| Symbol | Koninklijke |
Koninklijke Ahold '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 Koninklijke Ahold'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 Koninklijke Ahold.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Koninklijke Ahold on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Koninklijke Ahold Delhaize or generate 0.0% return on investment in Koninklijke Ahold over 180 days. Koninklijke Ahold is related to or competes with GREENX METALS, AIR PRODCHEMICALS, BLUESCOPE STEEL, Lion One, CECO ENVIRONMENTAL, Zijin Mining, and Nippon Steel. More
Koninklijke Ahold 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 Koninklijke Ahold'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 Koninklijke Ahold Delhaize upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.31 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.98 |
Koninklijke Ahold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Koninklijke Ahold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Koninklijke Ahold's standard deviation. In reality, there are many statistical measures that can use Koninklijke Ahold historical prices to predict the future Koninklijke Ahold's volatility.| Risk Adjusted Performance | 0.0671 | |||
| Jensen Alpha | 0.0706 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 1.36 |
Koninklijke Ahold Backtested Returns
At this point, Koninklijke Ahold is very steady. Koninklijke Ahold has Sharpe Ratio of 0.0742, which conveys that the firm had a 0.0742% return per unit of risk over the last 3 months. We have found thirty technical indicators for Koninklijke Ahold, which you can use to evaluate the volatility of the firm. Please verify Koninklijke Ahold's Mean Deviation of 0.7424, downside deviation of 1.09, and Risk Adjusted Performance of 0.0671 to check out if the risk estimate we provide is consistent with the expected return of 0.0771%. Koninklijke Ahold has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0572, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Koninklijke Ahold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Koninklijke Ahold is expected to be smaller as well. Koninklijke Ahold right now secures a risk of 1.04%. Please verify Koninklijke Ahold Delhaize coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Koninklijke Ahold Delhaize will be following its current price movements.
Auto-correlation | 0.66 |
Good predictability
Koninklijke Ahold Delhaize has good predictability. Overlapping area represents the amount of predictability between Koninklijke Ahold time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 Koninklijke Ahold price movement. The serial correlation of 0.66 indicates that around 66.0% of current Koninklijke Ahold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.61 |
Koninklijke Ahold lagged returns against current returns
Autocorrelation, which is Koninklijke Ahold 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 Koninklijke Ahold's stock expected returns. We can calculate the autocorrelation of Koninklijke Ahold returns to help us make a trade decision. For example, suppose you find that Koninklijke Ahold 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 |
Koninklijke Ahold 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 Koninklijke Ahold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Koninklijke Ahold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Koninklijke Ahold stock over time.
Current vs Lagged Prices |
| Timeline |
Koninklijke Ahold Lagged Returns
When evaluating Koninklijke Ahold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Koninklijke Ahold stock have on its future price. Koninklijke Ahold 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, Koninklijke Ahold autocorrelation shows the relationship between Koninklijke Ahold stock current value and its past values and can show if there is a momentum factor associated with investing in Koninklijke Ahold Delhaize.
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 Koninklijke Stock
Koninklijke Ahold financial ratios help investors to determine whether Koninklijke 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 Koninklijke with respect to the benefits of owning Koninklijke Ahold security.