Flatexdegiro Ag Stock Market Value
| FNNTF Stock | USD 15.15 3.96 35.39% |
| Symbol | FlatexDEGIRO |
FlatexDEGIRO '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 FlatexDEGIRO'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 FlatexDEGIRO.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in FlatexDEGIRO on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding flatexDEGIRO AG or generate 0.0% return on investment in FlatexDEGIRO over 30 days. FlatexDEGIRO is related to or competes with Riot Blockchain, Hut 8, CleanSpark, Bit Digital, and Bitfarms. flatexDEGIRO AG provides online brokerage and IT solutions in the areas of finance and financial technology services in ... More
FlatexDEGIRO 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 FlatexDEGIRO'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 flatexDEGIRO AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1001 | |||
| Maximum Drawdown | 35.39 |
FlatexDEGIRO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FlatexDEGIRO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FlatexDEGIRO's standard deviation. In reality, there are many statistical measures that can use FlatexDEGIRO historical prices to predict the future FlatexDEGIRO's volatility.| Risk Adjusted Performance | 0.0976 | |||
| Jensen Alpha | 0.5565 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (1.57) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FlatexDEGIRO's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
flatexDEGIRO AG Backtested Returns
FlatexDEGIRO appears to be somewhat reliable, given 3 months investment horizon. flatexDEGIRO AG secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of standard deviation over the last 3 months. By reviewing FlatexDEGIRO's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize FlatexDEGIRO's Risk Adjusted Performance of 0.0976, mean deviation of 1.06, and Coefficient Of Variation of 812.4 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FlatexDEGIRO holds a performance score of 9. The firm shows a Beta (market volatility) of -0.34, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning FlatexDEGIRO are expected to decrease at a much lower rate. During the bear market, FlatexDEGIRO is likely to outperform the market. Please check FlatexDEGIRO's variance, as well as the relationship between the kurtosis and price action indicator , to make a quick decision on whether FlatexDEGIRO's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
flatexDEGIRO AG has no correlation between past and present. Overlapping area represents the amount of predictability between FlatexDEGIRO time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 flatexDEGIRO AG price movement. The serial correlation of 0.0 indicates that just 0.0% of current FlatexDEGIRO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 3.63 |
flatexDEGIRO AG lagged returns against current returns
Autocorrelation, which is FlatexDEGIRO 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 FlatexDEGIRO's pink sheet expected returns. We can calculate the autocorrelation of FlatexDEGIRO returns to help us make a trade decision. For example, suppose you find that FlatexDEGIRO 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 |
FlatexDEGIRO 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 FlatexDEGIRO pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FlatexDEGIRO pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FlatexDEGIRO pink sheet over time.
Current vs Lagged Prices |
| Timeline |
FlatexDEGIRO Lagged Returns
When evaluating FlatexDEGIRO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FlatexDEGIRO pink sheet have on its future price. FlatexDEGIRO 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, FlatexDEGIRO autocorrelation shows the relationship between FlatexDEGIRO pink sheet current value and its past values and can show if there is a momentum factor associated with investing in flatexDEGIRO AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FlatexDEGIRO Pink Sheet
FlatexDEGIRO financial ratios help investors to determine whether FlatexDEGIRO Pink Sheet 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 FlatexDEGIRO with respect to the benefits of owning FlatexDEGIRO security.