Assicurazioni Generali (Germany) Market Value
| ASG Stock | EUR 27.30 0.12 0.44% |
| Symbol | Assicurazioni |
Assicurazioni Generali '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 Assicurazioni Generali'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 Assicurazioni Generali.
| 10/04/2023 |
| 11/27/2024 |
If you would invest 0.00 in Assicurazioni Generali on October 4, 2023 and sell it all today you would earn a total of 0.00 from holding Assicurazioni Generali SpA or generate 0.0% return on investment in Assicurazioni Generali over 420 days. Assicurazioni Generali is related to or competes with Berkshire Hathaway, Berkshire Hathaway, Zurich Insurance, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, and Talanx AG. Assicurazioni Generali S.p.A. provides various insurance solutions in Europe, the Middle East, Africa, Asia, the America... More
Assicurazioni Generali 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 Assicurazioni Generali'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 Assicurazioni Generali SpA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9993 | |||
| Information Ratio | 0.0389 | |||
| Maximum Drawdown | 8.17 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.4 |
Assicurazioni Generali Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Assicurazioni Generali's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Assicurazioni Generali's standard deviation. In reality, there are many statistical measures that can use Assicurazioni Generali historical prices to predict the future Assicurazioni Generali's volatility.| Risk Adjusted Performance | 0.1092 | |||
| Jensen Alpha | 0.1238 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0515 | |||
| Treynor Ratio | 0.43 |
Assicurazioni Generali Backtested Returns
At this point, Assicurazioni Generali is very steady. Assicurazioni Generali secures Sharpe Ratio (or Efficiency) 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 thirty technical indicators for Assicurazioni Generali SpA, which you can use to evaluate the volatility of the firm. Please confirm Assicurazioni Generali's Downside Deviation of 0.9993, mean deviation of 0.8816, and Risk Adjusted Performance of 0.1092 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Assicurazioni Generali has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Assicurazioni Generali's returns are expected to increase less than the market. However, during the bear market, the loss of holding Assicurazioni Generali is expected to be smaller as well. Assicurazioni Generali right now shows a risk of 1.33%. Please confirm Assicurazioni Generali jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Assicurazioni Generali will be following its price patterns.
Auto-correlation | 0.87 |
Very good predictability
Assicurazioni Generali SpA has very good predictability. Overlapping area represents the amount of predictability between Assicurazioni Generali time series from 4th of October 2023 to 1st of May 2024 and 1st 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 Assicurazioni Generali price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Assicurazioni Generali price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 1.87 |
Assicurazioni Generali lagged returns against current returns
Autocorrelation, which is Assicurazioni Generali 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 Assicurazioni Generali's stock expected returns. We can calculate the autocorrelation of Assicurazioni Generali returns to help us make a trade decision. For example, suppose you find that Assicurazioni Generali 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 |
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Assicurazioni Generali 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 Assicurazioni Generali stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Assicurazioni Generali stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Assicurazioni Generali stock over time.
Current vs Lagged Prices |
| Timeline |
Assicurazioni Generali Lagged Returns
When evaluating Assicurazioni Generali's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Assicurazioni Generali stock have on its future price. Assicurazioni Generali 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, Assicurazioni Generali autocorrelation shows the relationship between Assicurazioni Generali stock current value and its past values and can show if there is a momentum factor associated with investing in Assicurazioni Generali SpA.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Assicurazioni Stock
Assicurazioni Generali financial ratios help investors to determine whether Assicurazioni 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 Assicurazioni with respect to the benefits of owning Assicurazioni Generali security.