Anritsu (Germany) Market Value
| AN1 Stock | EUR 7.00 0.25 3.70% |
| Symbol | Anritsu |
Anritsu '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 Anritsu'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 Anritsu.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Anritsu on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Anritsu or generate 0.0% return on investment in Anritsu over 30 days. Anritsu is related to or competes with CARSALES, BURLINGTON STORES, Burlington Stores, COSTCO WHOLESALE, Commercial Vehicle, and Geely Automobile. Anritsu Corporation develops, manufactures, and sells measurement instruments and systems for various communications app... More
Anritsu 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 Anritsu'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 Anritsu upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 12.72 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 4.03 |
Anritsu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anritsu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anritsu's standard deviation. In reality, there are many statistical measures that can use Anritsu historical prices to predict the future Anritsu's volatility.| Risk Adjusted Performance | 0.0133 | |||
| Jensen Alpha | 0.033 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.06) |
Anritsu Backtested Returns
At this point, Anritsu is slightly risky. Anritsu secures Sharpe Ratio (or Efficiency) of 0.0169, which signifies that the company had a 0.0169% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Anritsu, which you can use to evaluate the volatility of the firm. Please confirm Anritsu's Mean Deviation of 1.88, risk adjusted performance of 0.0133, and Downside Deviation of 2.44 to double-check if the risk estimate we provide is consistent with the expected return of 0.0438%. Anritsu has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Anritsu are expected to decrease at a much lower rate. During the bear market, Anritsu is likely to outperform the market. Anritsu right now shows a risk of 2.59%. Please confirm Anritsu jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Anritsu will be following its price patterns.
Auto-correlation | 0.26 |
Poor predictability
Anritsu has poor predictability. Overlapping area represents the amount of predictability between Anritsu time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Anritsu price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Anritsu price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Anritsu lagged returns against current returns
Autocorrelation, which is Anritsu 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 Anritsu's stock expected returns. We can calculate the autocorrelation of Anritsu returns to help us make a trade decision. For example, suppose you find that Anritsu 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 |
Anritsu 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 Anritsu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anritsu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anritsu stock over time.
Current vs Lagged Prices |
| Timeline |
Anritsu Lagged Returns
When evaluating Anritsu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anritsu stock have on its future price. Anritsu 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, Anritsu autocorrelation shows the relationship between Anritsu stock current value and its past values and can show if there is a momentum factor associated with investing in Anritsu.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Anritsu Stock
Anritsu financial ratios help investors to determine whether Anritsu 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 Anritsu with respect to the benefits of owning Anritsu security.