Flughafen Wien (Austria) Market Value
| FLU Stock | EUR 53.60 0.40 0.75% |
| Symbol | Flughafen |
Flughafen Wien '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 Wien'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 Flughafen Wien.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Flughafen Wien on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Flughafen Wien Aktiengesellschaft or generate 0.0% return on investment in Flughafen Wien over 30 days. Flughafen Wien is related to or competes with Flughafen Zurich, Voestalpine, Oesterr Post, and VERBUND AG. More
Flughafen Wien 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 Wien'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 Flughafen Wien Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 5.99 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 1.92 |
Flughafen Wien Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flughafen Wien's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flughafen Wien's standard deviation. In reality, there are many statistical measures that can use Flughafen Wien historical prices to predict the future Flughafen Wien's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (2.08) |
Flughafen Wien Aktie Backtested Returns
Flughafen Wien Aktie secures Sharpe Ratio (or Efficiency) of -0.0286, which denotes the company had a -0.0286% return per unit of risk over the last 3 months. Flughafen Wien Aktiengesellschaft exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Flughafen Wien's Standard Deviation of 1.16, mean deviation of 0.7571, and Variance of 1.34 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0151, which means not very significant fluctuations relative to the market. As returns on the market increase, Flughafen Wien's returns are expected to increase less than the market. However, during the bear market, the loss of holding Flughafen Wien is expected to be smaller as well. At this point, Flughafen Wien Aktie has a negative expected return of -0.0335%. Please make sure to confirm Flughafen Wien's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Flughafen Wien Aktie performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.24 |
Weak predictability
Flughafen Wien Aktiengesellschaft has weak predictability. Overlapping area represents the amount of predictability between Flughafen Wien time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd of December 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 Wien Aktie price movement. The serial correlation of 0.24 indicates that over 24.0% of current Flughafen Wien price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Flughafen Wien Aktie lagged returns against current returns
Autocorrelation, which is Flughafen Wien 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 Flughafen Wien's stock expected returns. We can calculate the autocorrelation of Flughafen Wien returns to help us make a trade decision. For example, suppose you find that Flughafen Wien 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 |
Flughafen Wien 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 Wien stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flughafen Wien stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flughafen Wien stock over time.
Current vs Lagged Prices |
| Timeline |
Flughafen Wien Lagged Returns
When evaluating Flughafen Wien's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flughafen Wien stock have on its future price. Flughafen Wien 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 Wien autocorrelation shows the relationship between Flughafen Wien stock current value and its past values and can show if there is a momentum factor associated with investing in Flughafen Wien Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Flughafen Stock
Flughafen Wien financial ratios help investors to determine whether Flughafen 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 Flughafen with respect to the benefits of owning Flughafen Wien security.