Flughafen Zrich Ag Stock Market Value
| FLGZY Stock | USD 8.86 0.00 0.00% |
| Symbol | Flughafen |
Flughafen Zürich '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 Flughafen Zürich's pink sheet 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 Flughafen Zürich.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Flughafen Zürich on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Flughafen Zrich AG or generate 0.0% return on investment in Flughafen Zürich over 30 days. Flughafen Zürich is related to or competes with Aeroports, Corporacion America, Grupo Aeroportuario, Grupo Aeroportuario, and Grupo Aeroportuario. Flughafen Zrich AG owns and operates the Zurich in Switzerland More
Flughafen Zürich 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 Flughafen Zürich's pink sheet 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 Flughafen Zrich AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 12.5 | |||
| Value At Risk | (2.71) |
Flughafen Zürich Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flughafen Zürich's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flughafen Zürich's standard deviation. In reality, there are many statistical measures that can use Flughafen Zürich historical prices to predict the future Flughafen Zürich's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.21) |
Flughafen Zrich AG Backtested Returns
Flughafen Zrich AG secures Sharpe Ratio (or Efficiency) of -0.0619, which denotes the company had a -0.0619% return per unit of risk over the last 3 months. Flughafen Zrich AG exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Flughafen Zürich's Variance of 2.03, standard deviation of 1.43, and Mean Deviation of 0.5326 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.46, which means possible diversification benefits within a given portfolio. As returns on the market increase, Flughafen Zürich's returns are expected to increase less than the market. However, during the bear market, the loss of holding Flughafen Zürich is expected to be smaller as well. At this point, Flughafen Zrich AG has a negative expected return of -0.0903%. Please make sure to confirm Flughafen Zürich's information ratio, and the relationship between the coefficient of variation and value at risk , to decide if Flughafen Zrich AG performance from the past will be repeated at some point in the near future.
Auto-correlation | Huge |
Perfect predictability
Flughafen Zrich AG has perfect predictability. Overlapping area represents the amount of predictability between Flughafen Zürich 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 Flughafen Zrich AG price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current Flughafen Zürich price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Flughafen Zrich AG lagged returns against current returns
Autocorrelation, which is Flughafen Zürich pink sheet'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 Flughafen Zürich's pink sheet expected returns. We can calculate the autocorrelation of Flughafen Zürich returns to help us make a trade decision. For example, suppose you find that Flughafen Zürich has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Flughafen Zürich 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 Flughafen Zürich pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flughafen Zürich pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flughafen Zürich pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Flughafen Zürich Lagged Returns
When evaluating Flughafen Zürich's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flughafen Zürich pink sheet have on its future price. Flughafen Zürich 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, Flughafen Zürich autocorrelation shows the relationship between Flughafen Zürich pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Flughafen Zrich AG.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Flughafen Pink Sheet Analysis
When running Flughafen Zürich's price analysis, check to measure Flughafen Zürich'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 Flughafen Zürich is operating at the current time. Most of Flughafen Zürich's value examination focuses on studying past and present price action to predict the probability of Flughafen Zürich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flughafen Zürich's price. Additionally, you may evaluate how the addition of Flughafen Zürich to your portfolios can decrease your overall portfolio volatility.