Auckland International (Germany) Market Value
| BZTA Stock | EUR 3.86 0.00 0.00% |
| Symbol | Auckland |
Auckland International '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 Auckland International'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 Auckland International.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Auckland International on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Auckland International Airport or generate 0.0% return on investment in Auckland International over 30 days. Auckland International is related to or competes with AENA SME, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, NorAm Drilling, and Talanx AG. Auckland International Airport Limited provides airport facilities, supporting infrastructure, and aeronautical services... More
Auckland International 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 Auckland International'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 Auckland International Airport upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 7.58 |
Auckland International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Auckland International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Auckland International's standard deviation. In reality, there are many statistical measures that can use Auckland International historical prices to predict the future Auckland International's volatility.| Risk Adjusted Performance | 0.0435 | |||
| Jensen Alpha | 0.0446 | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.31) |
Auckland International Backtested Returns
At this point, Auckland International is not too volatile. Auckland International secures Sharpe Ratio (or Efficiency) of 0.0581, which signifies that the company had a 0.0581% return per unit of standard deviation over the last 3 months. We have found seventeen technical indicators for Auckland International Airport, which you can use to evaluate the volatility of the firm. Please confirm Auckland International's mean deviation of 0.1972, and Risk Adjusted Performance of 0.0435 to double-check if the risk estimate we provide is consistent with the expected return of 0.0438%. Auckland International has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Auckland International are expected to decrease at a much lower rate. During the bear market, Auckland International is likely to outperform the market. Auckland International right now shows a risk of 0.75%. Please confirm Auckland International coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if Auckland International will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Auckland International Airport has no correlation between past and present. Overlapping area represents the amount of predictability between Auckland International 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 Auckland International price movement. The serial correlation of 0.0 indicates that just 0.0% of current Auckland International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Auckland International lagged returns against current returns
Autocorrelation, which is Auckland International 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 Auckland International's stock expected returns. We can calculate the autocorrelation of Auckland International returns to help us make a trade decision. For example, suppose you find that Auckland International 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 |
Auckland International 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 Auckland International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Auckland International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Auckland International stock over time.
Current vs Lagged Prices |
| Timeline |
Auckland International Lagged Returns
When evaluating Auckland International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Auckland International stock have on its future price. Auckland International 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, Auckland International autocorrelation shows the relationship between Auckland International stock current value and its past values and can show if there is a momentum factor associated with investing in Auckland International Airport.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Auckland Stock
Auckland International financial ratios help investors to determine whether Auckland 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 Auckland with respect to the benefits of owning Auckland International security.