Autoneum Holding Ag Stock Market Value

Symbol

Autoneum

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 Autoneum Holding's otc 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 Autoneum Holding.

Autoneum Holding Upside/Downside Indicators

Autoneum Holding Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Autoneum Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Autoneum Holding's standard deviation. In reality, there are many statistical measures that can use Autoneum Holding historical prices to predict the future Autoneum Holding's volatility.

Autocorrelation, which is Autoneum Holding otc 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 Autoneum Holding's otc stock expected returns. We can calculate the autocorrelation of Autoneum Holding returns to help us make a trade decision. For example, suppose you find that Autoneum Holding has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Autoneum Holding otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Autoneum Holding otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Autoneum Holding otc stock over time.

When evaluating Autoneum Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Autoneum Holding otc stock have on its future price. Autoneum Holding 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, Autoneum Holding autocorrelation shows the relationship between Autoneum Holding otc stock current value and its past values and can show if there is a momentum factor associated with investing in Autoneum Holding AG.

Autoneum Holding financial ratios help investors to determine whether Autoneum OTC 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 Autoneum with respect to the benefits of owning Autoneum Holding security.