AKKO Invest (Hungary) Market Value
| AKKO Stock | 350.00 5.00 1.41% |
| Symbol | AKKO |
AKKO Invest '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 AKKO Invest'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 AKKO Invest.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in AKKO Invest on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding AKKO Invest Nyrt or generate 0.0% return on investment in AKKO Invest over 720 days. AKKO Invest is related to or competes with CIG Pannonia, Nutex Investments, Raba Jarmuipari, ENEFI Energiahatekonys, and ALTEO Energiaszolgalta. More
AKKO Invest 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 AKKO Invest'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 AKKO Invest Nyrt upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.1723 | |||
| Maximum Drawdown | 13.27 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 3.45 |
AKKO Invest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AKKO Invest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AKKO Invest's standard deviation. In reality, there are many statistical measures that can use AKKO Invest historical prices to predict the future AKKO Invest's volatility.| Risk Adjusted Performance | 0.1776 | |||
| Jensen Alpha | 0.4255 | |||
| Total Risk Alpha | 0.1873 | |||
| Sortino Ratio | 0.238 | |||
| Treynor Ratio | 1.3 |
AKKO Invest Nyrt Backtested Returns
AKKO Invest appears to be very steady, given 3 months investment horizon. AKKO Invest Nyrt secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of return volatility over the last 3 months. By examining AKKO Invest's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of AKKO Invest's Risk Adjusted Performance of 0.1776, mean deviation of 1.48, and Semi Deviation of 1.06 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AKKO Invest holds a performance score of 18. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AKKO Invest's returns are expected to increase less than the market. However, during the bear market, the loss of holding AKKO Invest is expected to be smaller as well. Please check AKKO Invest's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether AKKO Invest's price patterns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
AKKO Invest Nyrt has good reverse predictability. Overlapping area represents the amount of predictability between AKKO Invest time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 AKKO Invest Nyrt price movement. The serial correlation of -0.51 indicates that about 51.0% of current AKKO Invest price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 838.51 |
AKKO Invest Nyrt lagged returns against current returns
Autocorrelation, which is AKKO Invest 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 AKKO Invest's stock expected returns. We can calculate the autocorrelation of AKKO Invest returns to help us make a trade decision. For example, suppose you find that AKKO Invest 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 |
AKKO Invest 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 AKKO Invest stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AKKO Invest stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AKKO Invest stock over time.
Current vs Lagged Prices |
| Timeline |
AKKO Invest Lagged Returns
When evaluating AKKO Invest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AKKO Invest stock have on its future price. AKKO Invest 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, AKKO Invest autocorrelation shows the relationship between AKKO Invest stock current value and its past values and can show if there is a momentum factor associated with investing in AKKO Invest Nyrt.
Regressed Prices |
| Timeline |
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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.Additional Tools for AKKO Stock Analysis
When running AKKO Invest's price analysis, check to measure AKKO Invest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AKKO Invest is operating at the current time. Most of AKKO Invest's value examination focuses on studying past and present price action to predict the probability of AKKO Invest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AKKO Invest's price. Additionally, you may evaluate how the addition of AKKO Invest to your portfolios can decrease your overall portfolio volatility.