FlatexDEGIRO (Germany) Market Value
| FTK Stock | EUR 15.88 0.01 0.06% |
| 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 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 FlatexDEGIRO.
| 03/12/2023 |
| 01/30/2025 |
If you would invest 0.00 in FlatexDEGIRO on March 12, 2023 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 690 days. FlatexDEGIRO is related to or competes with SEI INVESTMENTS, PennyMac Mortgage, New Residential, ECHO INVESTMENT, CLEAN ENERGY, Japan Asia, and ULTRA CLEAN. FinTech Group AG provides solutions and services in finance and financial technology for financial service providers 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 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 flatexDEGIRO AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | 0.0544 | |||
| Maximum Drawdown | 11.68 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 3.63 |
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 | 0.0893 | |||
| Jensen Alpha | 0.1546 | |||
| Total Risk Alpha | 0.0099 | |||
| Sortino Ratio | 0.0606 | |||
| Treynor Ratio | 0.6044 |
flatexDEGIRO AG Backtested Returns
FlatexDEGIRO appears to be not too volatile, given 3 months investment horizon. flatexDEGIRO AG secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for flatexDEGIRO AG, which you can use to evaluate the volatility of the firm. Please utilize FlatexDEGIRO's Mean Deviation of 1.35, semi deviation of 1.48, and Risk Adjusted Performance of 0.0893 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FlatexDEGIRO holds a performance score of 12. The firm shows a Beta (market volatility) of 0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, FlatexDEGIRO's returns are expected to increase less than the market. However, during the bear market, the loss of holding FlatexDEGIRO is expected to be smaller as well. Please check FlatexDEGIRO's mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to make a quick decision on whether FlatexDEGIRO's price patterns will revert.
Auto-correlation | 0.53 |
Modest predictability
flatexDEGIRO AG has modest predictability. Overlapping area represents the amount of predictability between FlatexDEGIRO time series from 12th of March 2023 to 20th of February 2024 and 20th of February 2024 to 30th of January 2025. 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 0.53 indicates that about 53.0% of current FlatexDEGIRO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 3.02 |
flatexDEGIRO AG lagged returns against current returns
Autocorrelation, which is FlatexDEGIRO 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 FlatexDEGIRO's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FlatexDEGIRO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FlatexDEGIRO stock 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 stock 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 stock 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 Stock
FlatexDEGIRO financial ratios help investors to determine whether FlatexDEGIRO 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 FlatexDEGIRO with respect to the benefits of owning FlatexDEGIRO security.