YARA INTL (Germany) Market Value
| IU20 Stock | EUR 13.10 0.10 0.76% |
| Symbol | YARA |
YARA INTL '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 YARA INTL'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 YARA INTL.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in YARA INTL on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding YARA INTL ASA or generate 0.0% return on investment in YARA INTL over 180 days. YARA INTL is related to or competes with Shin-Etsu Chemical, KINGBOARD CHEMICAL, TITANIUM TRANSPORTGROUP, ANTA SPORTS, China BlueChemical, COLUMBIA SPORTSWEAR, and CHEMICAL INDUSTRIES. Yara International ASA provides environmental and industrial solutions in Norway and internationally More
YARA INTL 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 YARA INTL'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 YARA INTL ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.13 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 3.08 |
YARA INTL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YARA INTL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YARA INTL's standard deviation. In reality, there are many statistical measures that can use YARA INTL historical prices to predict the future YARA INTL's volatility.| Risk Adjusted Performance | 0.0381 | |||
| Jensen Alpha | 0.0023 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1198 |
YARA INTL ASA Backtested Returns
At this point, YARA INTL is not too volatile. YARA INTL ASA shows Sharpe Ratio of 0.029, which attests that the company had a 0.029% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for YARA INTL ASA, which you can use to evaluate the volatility of the entity. Please check out YARA INTL's Market Risk Adjusted Performance of 0.1298, mean deviation of 1.3, and Downside Deviation of 1.77 to validate if the risk estimate we provide is consistent with the expected return of 0.0498%. YARA INTL has a performance score of 2 on a scale of 0 to 100. The firm maintains a market beta of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, YARA INTL's returns are expected to increase less than the market. However, during the bear market, the loss of holding YARA INTL is expected to be smaller as well. YARA INTL ASA currently maintains a risk of 1.72%. Please check out YARA INTL ASA treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if YARA INTL ASA will be following its historical returns.
Auto-correlation | -0.5 |
Modest reverse predictability
YARA INTL ASA has modest reverse predictability. Overlapping area represents the amount of predictability between YARA INTL time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th 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 YARA INTL ASA price movement. The serial correlation of -0.5 indicates that about 50.0% of current YARA INTL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
YARA INTL ASA lagged returns against current returns
Autocorrelation, which is YARA INTL 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 YARA INTL's stock expected returns. We can calculate the autocorrelation of YARA INTL returns to help us make a trade decision. For example, suppose you find that YARA INTL 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 |
YARA INTL 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 YARA INTL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YARA INTL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YARA INTL stock over time.
Current vs Lagged Prices |
| Timeline |
YARA INTL Lagged Returns
When evaluating YARA INTL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YARA INTL stock have on its future price. YARA INTL 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, YARA INTL autocorrelation shows the relationship between YARA INTL stock current value and its past values and can show if there is a momentum factor associated with investing in YARA INTL ASA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in YARA Stock
YARA INTL financial ratios help investors to determine whether YARA 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 YARA with respect to the benefits of owning YARA INTL security.