Gesundheitswelt Chiemgau (Germany) Market Value
| JTH Stock | EUR 12.40 0.20 1.64% |
| Symbol | Gesundheitswelt |
Gesundheitswelt Chiemgau '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 Gesundheitswelt Chiemgau'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 Gesundheitswelt Chiemgau.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Gesundheitswelt Chiemgau on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Gesundheitswelt Chiemgau AG or generate 0.0% return on investment in Gesundheitswelt Chiemgau over 30 days. Gesundheitswelt Chiemgau is related to or competes with ServiceInternational, Bright Horizons, BOYD GROUP, Frontdoor, CVS Group, CEWE Stiftung, and CEWE Stiftung. Gesundheitswelt Chiemgau AG, together with its subsidiaries, provides health and wellness services in Germany More
Gesundheitswelt Chiemgau 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 Gesundheitswelt Chiemgau'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 Gesundheitswelt Chiemgau AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.61 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.37 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 1.64 |
Gesundheitswelt Chiemgau Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gesundheitswelt Chiemgau's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gesundheitswelt Chiemgau's standard deviation. In reality, there are many statistical measures that can use Gesundheitswelt Chiemgau historical prices to predict the future Gesundheitswelt Chiemgau's volatility.| Risk Adjusted Performance | 0.0163 | |||
| Jensen Alpha | 0.0652 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.03) |
Gesundheitswelt Chiemgau Backtested Returns
Currently, Gesundheitswelt Chiemgau AG is not too volatile. Gesundheitswelt Chiemgau holds Efficiency (Sharpe) Ratio of 0.0158, which attests that the entity had a 0.0158% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gesundheitswelt Chiemgau, which you can use to evaluate the volatility of the firm. Please check out Gesundheitswelt Chiemgau's Risk Adjusted Performance of 0.0163, market risk adjusted performance of (0.02), and Downside Deviation of 3.61 to validate if the risk estimate we provide is consistent with the expected return of 0.0234%. Gesundheitswelt Chiemgau has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Gesundheitswelt Chiemgau are expected to decrease at a much lower rate. During the bear market, Gesundheitswelt Chiemgau is likely to outperform the market. Gesundheitswelt Chiemgau right now retains a risk of 1.48%. Please check out Gesundheitswelt Chiemgau sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Gesundheitswelt Chiemgau will be following its current trending patterns.
Auto-correlation | 0.46 |
Average predictability
Gesundheitswelt Chiemgau AG has average predictability. Overlapping area represents the amount of predictability between Gesundheitswelt Chiemgau time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Gesundheitswelt Chiemgau price movement. The serial correlation of 0.46 indicates that about 46.0% of current Gesundheitswelt Chiemgau price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Gesundheitswelt Chiemgau lagged returns against current returns
Autocorrelation, which is Gesundheitswelt Chiemgau 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 Gesundheitswelt Chiemgau's stock expected returns. We can calculate the autocorrelation of Gesundheitswelt Chiemgau returns to help us make a trade decision. For example, suppose you find that Gesundheitswelt Chiemgau 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 |
Gesundheitswelt Chiemgau 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 Gesundheitswelt Chiemgau stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gesundheitswelt Chiemgau stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gesundheitswelt Chiemgau stock over time.
Current vs Lagged Prices |
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Gesundheitswelt Chiemgau Lagged Returns
When evaluating Gesundheitswelt Chiemgau's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gesundheitswelt Chiemgau stock have on its future price. Gesundheitswelt Chiemgau 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, Gesundheitswelt Chiemgau autocorrelation shows the relationship between Gesundheitswelt Chiemgau stock current value and its past values and can show if there is a momentum factor associated with investing in Gesundheitswelt Chiemgau AG.
Regressed Prices |
| Timeline |
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Additional Tools for Gesundheitswelt Stock Analysis
When running Gesundheitswelt Chiemgau's price analysis, check to measure Gesundheitswelt Chiemgau's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gesundheitswelt Chiemgau is operating at the current time. Most of Gesundheitswelt Chiemgau's value examination focuses on studying past and present price action to predict the probability of Gesundheitswelt Chiemgau's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gesundheitswelt Chiemgau's price. Additionally, you may evaluate how the addition of Gesundheitswelt Chiemgau to your portfolios can decrease your overall portfolio volatility.