Deutsche Lufthansa (Germany) Market Value
| LHA Stock | EUR 6.13 0.09 1.49% |
| Symbol | Deutsche |
Deutsche Lufthansa '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 Deutsche Lufthansa'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 Deutsche Lufthansa.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Deutsche Lufthansa on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Lufthansa AG or generate 0.0% return on investment in Deutsche Lufthansa over 270 days. Deutsche Lufthansa is related to or competes with RYANAIR HLDGS, China Southern, and Ryanair Holdings. Deutsche Lufthansa AG operates as an aviation company in Germany and internationally More
Deutsche Lufthansa 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 Deutsche Lufthansa'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 Deutsche Lufthansa AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 8.53 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 2.8 |
Deutsche Lufthansa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Lufthansa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Lufthansa's standard deviation. In reality, there are many statistical measures that can use Deutsche Lufthansa historical prices to predict the future Deutsche Lufthansa's volatility.| Risk Adjusted Performance | 0.056 | |||
| Jensen Alpha | 0.1111 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (4.86) |
Deutsche Lufthansa Backtested Returns
At this point, Deutsche Lufthansa is somewhat reliable. Deutsche Lufthansa secures Sharpe Ratio (or Efficiency) of 0.0639, which denotes the company had a 0.0639% return per unit of risk over the last 3 months. We have found thirty technical indicators for Deutsche Lufthansa AG, which you can use to evaluate the volatility of the firm. Please confirm Deutsche Lufthansa's Downside Deviation of 1.94, coefficient of variation of 1526.54, and Mean Deviation of 1.43 to check if the risk estimate we provide is consistent with the expected return of 0.12%. Deutsche Lufthansa has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0223, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Deutsche Lufthansa are expected to decrease at a much lower rate. During the bear market, Deutsche Lufthansa is likely to outperform the market. Deutsche Lufthansa right now shows a risk of 1.82%. Please confirm Deutsche Lufthansa sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Deutsche Lufthansa will be following its price patterns.
Auto-correlation | -0.56 |
Good reverse predictability
Deutsche Lufthansa AG has good reverse predictability. Overlapping area represents the amount of predictability between Deutsche Lufthansa time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Deutsche Lufthansa price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Deutsche Lufthansa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Deutsche Lufthansa lagged returns against current returns
Autocorrelation, which is Deutsche Lufthansa 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 Deutsche Lufthansa's stock expected returns. We can calculate the autocorrelation of Deutsche Lufthansa returns to help us make a trade decision. For example, suppose you find that Deutsche Lufthansa 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 |
Deutsche Lufthansa 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 Deutsche Lufthansa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Lufthansa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deutsche Lufthansa stock over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Lufthansa Lagged Returns
When evaluating Deutsche Lufthansa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Lufthansa stock have on its future price. Deutsche Lufthansa 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, Deutsche Lufthansa autocorrelation shows the relationship between Deutsche Lufthansa stock current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Lufthansa AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Deutsche Stock
Deutsche Lufthansa financial ratios help investors to determine whether Deutsche 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 Deutsche with respect to the benefits of owning Deutsche Lufthansa security.