MUENCHRUECKUNSADR (Germany) Market Value
| MUVB Stock | EUR 9.60 0.05 0.52% |
| Symbol | MUENCHRUECKUNSADR |
MUENCHRUECKUNSADR '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 MUENCHRUECKUNSADR'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 MUENCHRUECKUNSADR.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in MUENCHRUECKUNSADR on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding MUENCHRUECKUNSADR 110 or generate 0.0% return on investment in MUENCHRUECKUNSADR over 390 days. MUENCHRUECKUNSADR is related to or competes with Nufarm, China Resources, Granite Construction, Hanison Construction, Sterling Construction, and Federal Agricultural. Mnchener Rckversicherungs-Gesellschaft Aktiengesellschaft engages in the insurance and reinsurance businesses worldwide More
MUENCHRUECKUNSADR 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 MUENCHRUECKUNSADR'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 MUENCHRUECKUNSADR 110 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.91 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 2.47 |
MUENCHRUECKUNSADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MUENCHRUECKUNSADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MUENCHRUECKUNSADR's standard deviation. In reality, there are many statistical measures that can use MUENCHRUECKUNSADR historical prices to predict the future MUENCHRUECKUNSADR's volatility.| Risk Adjusted Performance | 0.0053 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.02) |
MUENCHRUECKUNSADR 110 Backtested Returns
MUENCHRUECKUNSADR 110 has Sharpe Ratio of -0.0076, which conveys that the firm had a -0.0076% return per unit of risk over the last 3 months. MUENCHRUECKUNSADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MUENCHRUECKUNSADR's risk adjusted performance of 0.0053, and Mean Deviation of 1.43 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.65, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MUENCHRUECKUNSADR's returns are expected to increase less than the market. However, during the bear market, the loss of holding MUENCHRUECKUNSADR is expected to be smaller as well. At this point, MUENCHRUECKUNSADR 110 has a negative expected return of -0.0142%. Please make sure to verify MUENCHRUECKUNSADR's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if MUENCHRUECKUNSADR 110 performance from the past will be repeated at future time.
Auto-correlation | 0.59 |
Modest predictability
MUENCHRUECKUNSADR 110 has modest predictability. Overlapping area represents the amount of predictability between MUENCHRUECKUNSADR time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 MUENCHRUECKUNSADR 110 price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current MUENCHRUECKUNSADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
MUENCHRUECKUNSADR 110 lagged returns against current returns
Autocorrelation, which is MUENCHRUECKUNSADR 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 MUENCHRUECKUNSADR's stock expected returns. We can calculate the autocorrelation of MUENCHRUECKUNSADR returns to help us make a trade decision. For example, suppose you find that MUENCHRUECKUNSADR 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 |
MUENCHRUECKUNSADR 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 MUENCHRUECKUNSADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MUENCHRUECKUNSADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MUENCHRUECKUNSADR stock over time.
Current vs Lagged Prices |
| Timeline |
MUENCHRUECKUNSADR Lagged Returns
When evaluating MUENCHRUECKUNSADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MUENCHRUECKUNSADR stock have on its future price. MUENCHRUECKUNSADR 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, MUENCHRUECKUNSADR autocorrelation shows the relationship between MUENCHRUECKUNSADR stock current value and its past values and can show if there is a momentum factor associated with investing in MUENCHRUECKUNSADR 110.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MUENCHRUECKUNSADR Stock
MUENCHRUECKUNSADR financial ratios help investors to determine whether MUENCHRUECKUNSADR 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 MUENCHRUECKUNSADR with respect to the benefits of owning MUENCHRUECKUNSADR security.