ARROWHEAD RESEARCH (Germany) Market Value
| HDP1 Stock | EUR 24.81 0.14 0.57% |
| Symbol | ARROWHEAD |
ARROWHEAD RESEARCH '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 ARROWHEAD RESEARCH'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 ARROWHEAD RESEARCH.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in ARROWHEAD RESEARCH on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding ARROWHEAD RESEARCH or generate 0.0% return on investment in ARROWHEAD RESEARCH over 30 days. ARROWHEAD RESEARCH is related to or competes with Tsingtao Brewery, TRAINLINE PLC, Molson Coors, Thai Beverage, Air Transport, Transportadora, and NTG Nordic. More
ARROWHEAD RESEARCH 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 ARROWHEAD RESEARCH'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 ARROWHEAD RESEARCH upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.24 | |||
| Information Ratio | 0.0403 | |||
| Maximum Drawdown | 22.11 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 6.13 |
ARROWHEAD RESEARCH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARROWHEAD RESEARCH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ARROWHEAD RESEARCH's standard deviation. In reality, there are many statistical measures that can use ARROWHEAD RESEARCH historical prices to predict the future ARROWHEAD RESEARCH's volatility.| Risk Adjusted Performance | 0.0627 | |||
| Jensen Alpha | 0.2954 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.0554 | |||
| Treynor Ratio | 3.39 |
ARROWHEAD RESEARCH Backtested Returns
ARROWHEAD RESEARCH appears to be somewhat reliable, given 3 months investment horizon. ARROWHEAD RESEARCH secures Sharpe Ratio (or Efficiency) of 0.0712, which signifies that the company had a 0.0712% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ARROWHEAD RESEARCH, which you can use to evaluate the volatility of the firm. Please makes use of ARROWHEAD RESEARCH's mean deviation of 2.75, and Risk Adjusted Performance of 0.0627 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ARROWHEAD RESEARCH holds a performance score of 5. The firm shows a Beta (market volatility) of 0.0905, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ARROWHEAD RESEARCH's returns are expected to increase less than the market. However, during the bear market, the loss of holding ARROWHEAD RESEARCH is expected to be smaller as well. Please check ARROWHEAD RESEARCH's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether ARROWHEAD RESEARCH's price patterns will revert.
Auto-correlation | 0.53 |
Modest predictability
ARROWHEAD RESEARCH has modest predictability. Overlapping area represents the amount of predictability between ARROWHEAD RESEARCH time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 ARROWHEAD RESEARCH price movement. The serial correlation of 0.53 indicates that about 53.0% of current ARROWHEAD RESEARCH price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 9.85 |
ARROWHEAD RESEARCH lagged returns against current returns
Autocorrelation, which is ARROWHEAD RESEARCH 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 ARROWHEAD RESEARCH's stock expected returns. We can calculate the autocorrelation of ARROWHEAD RESEARCH returns to help us make a trade decision. For example, suppose you find that ARROWHEAD RESEARCH 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 |
ARROWHEAD RESEARCH 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 ARROWHEAD RESEARCH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ARROWHEAD RESEARCH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ARROWHEAD RESEARCH stock over time.
Current vs Lagged Prices |
| Timeline |
ARROWHEAD RESEARCH Lagged Returns
When evaluating ARROWHEAD RESEARCH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ARROWHEAD RESEARCH stock have on its future price. ARROWHEAD RESEARCH 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, ARROWHEAD RESEARCH autocorrelation shows the relationship between ARROWHEAD RESEARCH stock current value and its past values and can show if there is a momentum factor associated with investing in ARROWHEAD RESEARCH.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in ARROWHEAD Stock
ARROWHEAD RESEARCH financial ratios help investors to determine whether ARROWHEAD 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 ARROWHEAD with respect to the benefits of owning ARROWHEAD RESEARCH security.