Exmar NV (Belgium) Market Value
| EXM Stock | EUR 8.07 0.03 0.37% |
| Symbol | Exmar |
Exmar NV '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 Exmar NV'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 Exmar NV.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Exmar NV on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Exmar NV or generate 0.0% return on investment in Exmar NV over 30 days. Exmar NV is related to or competes with EVS Broadcast, NV Bekaert, Tessenderlo, and Melexis NV. Exmar NV provides shipping and energy supply chain solutions worldwide More
Exmar NV 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 Exmar NV'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 Exmar NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.83 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 3.08 |
Exmar NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Exmar NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Exmar NV's standard deviation. In reality, there are many statistical measures that can use Exmar NV historical prices to predict the future Exmar NV's volatility.| Risk Adjusted Performance | 0.0035 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.14) |
Exmar NV Backtested Returns
Currently, Exmar NV is somewhat reliable. Exmar NV secures Sharpe Ratio (or Efficiency) of 0.0095, which denotes the company had a 0.0095% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Exmar NV, which you can use to evaluate the volatility of the firm. Please confirm Exmar NV's Mean Deviation of 1.76, variance of 5.76, and Standard Deviation of 2.4 to check if the risk estimate we provide is consistent with the expected return of 0.0227%. The firm shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, Exmar NV's returns are expected to increase less than the market. However, during the bear market, the loss of holding Exmar NV is expected to be smaller as well. Exmar NV right now shows a risk of 2.38%. Please confirm Exmar NV maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Exmar NV will be following its price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
Exmar NV has poor reverse predictability. Overlapping area represents the amount of predictability between Exmar NV time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Exmar NV price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Exmar NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Exmar NV lagged returns against current returns
Autocorrelation, which is Exmar NV 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 Exmar NV's stock expected returns. We can calculate the autocorrelation of Exmar NV returns to help us make a trade decision. For example, suppose you find that Exmar NV 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 |
Exmar NV 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 Exmar NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Exmar NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Exmar NV stock over time.
Current vs Lagged Prices |
| Timeline |
Exmar NV Lagged Returns
When evaluating Exmar NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Exmar NV stock have on its future price. Exmar NV 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, Exmar NV autocorrelation shows the relationship between Exmar NV stock current value and its past values and can show if there is a momentum factor associated with investing in Exmar NV.
Regressed Prices |
| Timeline |
Additional Tools for Exmar Stock Analysis
When running Exmar NV's price analysis, check to measure Exmar NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exmar NV is operating at the current time. Most of Exmar NV's value examination focuses on studying past and present price action to predict the probability of Exmar NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exmar NV's price. Additionally, you may evaluate how the addition of Exmar NV to your portfolios can decrease your overall portfolio volatility.