Mnchener Rckversicherungs Gesellschaft Aktiengesellschaft Stock Market Value
| MURGF Stock | USD 525.83 9.26 1.79% |
| Symbol | Münchener |
Münchener Rückversicherung '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 Münchener Rückversicherung's pink sheet 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 Münchener Rückversicherung.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Münchener Rückversicherung on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Mnchener Rckversicherungs Gesellschaft Aktiengesellschaft or generate 0.0% return on investment in Münchener Rückversicherung over 540 days. Münchener Rückversicherung is related to or competes with Maiden Holdings, Renaissancere Holdings, Greenlight Capital, Reinsurance Group, and Siriuspoint. Mnchener Rckversicherungs-Gesellschaft Aktiengesellschaft in Mnchen engages in the insurance and reinsurance businesses ... More
Münchener Rückversicherung 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 Münchener Rückversicherung's pink sheet 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 Mnchener Rckversicherungs Gesellschaft Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 8.25 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 2.76 |
Münchener Rückversicherung Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Münchener Rückversicherung's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Münchener Rückversicherung's standard deviation. In reality, there are many statistical measures that can use Münchener Rückversicherung historical prices to predict the future Münchener Rückversicherung's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.31) |
Münchener Rückversicherung Backtested Returns
Münchener Rückversicherung has Sharpe Ratio of -0.0412, which conveys that the firm had a -0.0412% return per unit of risk over the last 3 months. Münchener Rückversicherung exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Münchener Rückversicherung's Risk Adjusted Performance of (0.02), standard deviation of 1.54, and Mean Deviation of 1.12 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Münchener Rückversicherung's returns are expected to increase less than the market. However, during the bear market, the loss of holding Münchener Rückversicherung is expected to be smaller as well. At this point, Münchener Rückversicherung has a negative expected return of -0.0648%. Please make sure to verify Münchener Rückversicherung's potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if Münchener Rückversicherung performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Mnchener Rckversicherungs Gesellschaft Aktiengesellschaft has good predictability. Overlapping area represents the amount of predictability between Münchener Rückversicherung time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Münchener Rückversicherung price movement. The serial correlation of 0.67 indicates that around 67.0% of current Münchener Rückversicherung price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 1023.33 |
Münchener Rückversicherung lagged returns against current returns
Autocorrelation, which is Münchener Rückversicherung pink sheet'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 Münchener Rückversicherung's pink sheet expected returns. We can calculate the autocorrelation of Münchener Rückversicherung returns to help us make a trade decision. For example, suppose you find that Münchener Rückversicherung has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Münchener Rückversicherung 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 Münchener Rückversicherung pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Münchener Rückversicherung pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Münchener Rückversicherung pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Münchener Rückversicherung Lagged Returns
When evaluating Münchener Rückversicherung's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Münchener Rückversicherung pink sheet have on its future price. Münchener Rückversicherung 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, Münchener Rückversicherung autocorrelation shows the relationship between Münchener Rückversicherung pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mnchener Rckversicherungs Gesellschaft Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Münchener Pink Sheet
Münchener Rückversicherung financial ratios help investors to determine whether Münchener Pink Sheet 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 Münchener with respect to the benefits of owning Münchener Rückversicherung security.