AGRICULTBK HADR/25 (Germany) Market Value
| EK7A Stock | EUR 11.30 0.20 1.74% |
| Symbol | AGRICULTBK |
AGRICULTBK HADR/25 '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 AGRICULTBK HADR/25'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 AGRICULTBK HADR/25.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in AGRICULTBK HADR/25 on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding AGRICULTBK HADR25 YC or generate 0.0% return on investment in AGRICULTBK HADR/25 over 90 days. AGRICULTBK HADR/25 is related to or competes with Electronic Arts, Check Point, Harmony Gold, Nucletron Electronic, ADRIATIC METALS, GREENX METALS, and AXWAY SOFTWARE. Agricultural Bank of China Limited provides corporate and retail banking products and services More
AGRICULTBK HADR/25 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 AGRICULTBK HADR/25'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 AGRICULTBK HADR25 YC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.37 | |||
| Information Ratio | 0.0636 | |||
| Maximum Drawdown | 11.57 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 4.76 |
AGRICULTBK HADR/25 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGRICULTBK HADR/25's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGRICULTBK HADR/25's standard deviation. In reality, there are many statistical measures that can use AGRICULTBK HADR/25 historical prices to predict the future AGRICULTBK HADR/25's volatility.| Risk Adjusted Performance | 0.0966 | |||
| Jensen Alpha | 0.2568 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0628 | |||
| Treynor Ratio | 4.18 |
AGRICULTBK HADR/25 Backtested Returns
AGRICULTBK HADR/25 appears to be not too volatile, given 3 months investment horizon. AGRICULTBK HADR/25 secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for AGRICULTBK HADR25 YC, which you can use to evaluate the volatility of the firm. Please makes use of AGRICULTBK HADR/25's mean deviation of 1.73, and Risk Adjusted Performance of 0.0966 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AGRICULTBK HADR/25 holds a performance score of 8. The firm shows a Beta (market volatility) of 0.0632, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AGRICULTBK HADR/25's returns are expected to increase less than the market. However, during the bear market, the loss of holding AGRICULTBK HADR/25 is expected to be smaller as well. Please check AGRICULTBK HADR/25's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether AGRICULTBK HADR/25's price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
AGRICULTBK HADR25 YC has average predictability. Overlapping area represents the amount of predictability between AGRICULTBK HADR/25 time series from 31st of August 2024 to 15th of October 2024 and 15th of October 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 AGRICULTBK HADR/25 price movement. The serial correlation of 0.41 indicates that just about 41.0% of current AGRICULTBK HADR/25 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
AGRICULTBK HADR/25 lagged returns against current returns
Autocorrelation, which is AGRICULTBK HADR/25 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 AGRICULTBK HADR/25's stock expected returns. We can calculate the autocorrelation of AGRICULTBK HADR/25 returns to help us make a trade decision. For example, suppose you find that AGRICULTBK HADR/25 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 |
AGRICULTBK HADR/25 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 AGRICULTBK HADR/25 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGRICULTBK HADR/25 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGRICULTBK HADR/25 stock over time.
Current vs Lagged Prices |
| Timeline |
AGRICULTBK HADR/25 Lagged Returns
When evaluating AGRICULTBK HADR/25's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGRICULTBK HADR/25 stock have on its future price. AGRICULTBK HADR/25 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, AGRICULTBK HADR/25 autocorrelation shows the relationship between AGRICULTBK HADR/25 stock current value and its past values and can show if there is a momentum factor associated with investing in AGRICULTBK HADR25 YC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AGRICULTBK Stock
AGRICULTBK HADR/25 financial ratios help investors to determine whether AGRICULTBK 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 AGRICULTBK with respect to the benefits of owning AGRICULTBK HADR/25 security.