Equifax (Germany) Market Value
| EFX Stock | EUR 232.00 2.00 0.85% |
| Symbol | Equifax |
Equifax '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 Equifax'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 Equifax.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Equifax on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Equifax or generate 0.0% return on investment in Equifax over 720 days. Equifax is related to or competes with Taiwan Semiconductor, MagnaChip Semiconductor, Corporate Travel, Jacquet Metal, Harmony Gold, and Brockhaus Capital. Equifax Inc. provides information solutions and human resources business process outsourcing services for businesses, go... More
Equifax 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 Equifax'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 Equifax upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 8.2 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 2.31 |
Equifax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equifax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equifax's standard deviation. In reality, there are many statistical measures that can use Equifax historical prices to predict the future Equifax's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (17.02) |
Equifax Backtested Returns
Equifax secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. Equifax exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Equifax's Standard Deviation of 1.57, mean deviation of 1.16, and Variance of 2.48 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0119, which means not very significant fluctuations relative to the market. As returns on the market increase, Equifax's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equifax is expected to be smaller as well. At this point, Equifax has a negative expected return of -0.22%. Please make sure to confirm Equifax's potential upside, rate of daily change, period momentum indicator, as well as the relationship between the kurtosis and day typical price , to decide if Equifax performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Equifax has average predictability. Overlapping area represents the amount of predictability between Equifax time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Equifax price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Equifax price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 389.0 |
Equifax lagged returns against current returns
Autocorrelation, which is Equifax 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 Equifax's stock expected returns. We can calculate the autocorrelation of Equifax returns to help us make a trade decision. For example, suppose you find that Equifax 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 |
Equifax 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 Equifax stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equifax stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equifax stock over time.
Current vs Lagged Prices |
| Timeline |
Equifax Lagged Returns
When evaluating Equifax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equifax stock have on its future price. Equifax 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, Equifax autocorrelation shows the relationship between Equifax stock current value and its past values and can show if there is a momentum factor associated with investing in Equifax.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Equifax Stock
When determining whether Equifax offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equifax's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equifax Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equifax Stock:Check out Equifax Correlation, Equifax Volatility and Equifax Alpha and Beta module to complement your research on Equifax. For more detail on how to invest in Equifax Stock please use our How to Invest in Equifax guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Equifax technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.