AP Mller (Germany) Market Value
| DP4A Stock | 1,536 7.00 0.45% |
| Symbol | DP4A |
AP Mller '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 AP Mller'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 AP Mller.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in AP Mller on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding AP Mller or generate 0.0% return on investment in AP Mller over 30 days. AP Mller is related to or competes with ZIM Integrated, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, Talanx AG, 2G ENERGY, and Identiv. More
AP Mller 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 AP Mller'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 AP Mller upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.38 | |||
| Information Ratio | 0.0329 | |||
| Maximum Drawdown | 13.05 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 4.41 |
AP Mller Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AP Mller's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AP Mller's standard deviation. In reality, there are many statistical measures that can use AP Mller historical prices to predict the future AP Mller's volatility.| Risk Adjusted Performance | 0.0715 | |||
| Jensen Alpha | 0.3423 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0351 | |||
| Treynor Ratio | (0.18) |
AP Mller Backtested Returns
AP Mller appears to be very steady, given 3 months investment horizon. AP Mller retains Efficiency (Sharpe Ratio) of 0.1, which signifies that the company had a 0.1% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for AP Mller, which you can use to evaluate the volatility of the firm. Please makes use of AP Mller's Market Risk Adjusted Performance of (0.17), coefficient of variation of 1184.52, and Standard Deviation of 2.53 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AP Mller holds a performance score of 7. The firm owns a Beta (Systematic Risk) of -1.15, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning AP Mller are expected to decrease slowly. On the other hand, during market turmoil, AP Mller is expected to outperform it slightly. Please check AP Mller's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether AP Mller's current price history will revert.
Auto-correlation | 0.75 |
Good predictability
AP Mller has good predictability. Overlapping area represents the amount of predictability between AP Mller time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 AP Mller price movement. The serial correlation of 0.75 indicates that around 75.0% of current AP Mller price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 3322.92 |
AP Mller lagged returns against current returns
Autocorrelation, which is AP Mller 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 AP Mller's stock expected returns. We can calculate the autocorrelation of AP Mller returns to help us make a trade decision. For example, suppose you find that AP Mller 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 |
AP Mller 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 AP Mller stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AP Mller stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AP Mller stock over time.
Current vs Lagged Prices |
| Timeline |
AP Mller Lagged Returns
When evaluating AP Mller's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AP Mller stock have on its future price. AP Mller 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, AP Mller autocorrelation shows the relationship between AP Mller stock current value and its past values and can show if there is a momentum factor associated with investing in AP Mller .
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DP4A Stock
AP Mller financial ratios help investors to determine whether DP4A 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 DP4A with respect to the benefits of owning AP Mller security.