YOMA STRATEGIC (Germany) Market Value
| O3B Stock | EUR 0.05 0.0005 0.91% |
| Symbol | YOMA |
YOMA STRATEGIC '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 YOMA STRATEGIC'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 YOMA STRATEGIC.
| 06/21/2024 |
| 12/18/2024 |
If you would invest 0.00 in YOMA STRATEGIC on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding YOMA STRATEGIC HLDG or generate 0.0% return on investment in YOMA STRATEGIC over 180 days. YOMA STRATEGIC is related to or competes with Solstad Offshore, INTER CARS, Commercial Vehicle, Geely Automobile, CSSC Offshore, SIEM OFFSHORE, and LION ONE. More
YOMA STRATEGIC 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 YOMA STRATEGIC'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 YOMA STRATEGIC HLDG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 29.27 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 3.45 |
YOMA STRATEGIC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YOMA STRATEGIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YOMA STRATEGIC's standard deviation. In reality, there are many statistical measures that can use YOMA STRATEGIC historical prices to predict the future YOMA STRATEGIC's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (2.68) |
YOMA STRATEGIC HLDG Backtested Returns
YOMA STRATEGIC HLDG shows Sharpe Ratio of -0.0437, which attests that the company had a -0.0437% return per unit of standard deviation over the last 3 months. YOMA STRATEGIC HLDG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out YOMA STRATEGIC's Risk Adjusted Performance of (0.03), standard deviation of 4.64, and Mean Deviation of 2.28 to validate the risk estimate we provide. The firm maintains a market beta of 0.091, which attests to not very significant fluctuations relative to the market. As returns on the market increase, YOMA STRATEGIC's returns are expected to increase less than the market. However, during the bear market, the loss of holding YOMA STRATEGIC is expected to be smaller as well. At this point, YOMA STRATEGIC HLDG has a negative expected return of -0.2%. Please make sure to check out YOMA STRATEGIC's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if YOMA STRATEGIC HLDG performance from the past will be repeated at some future point.
Auto-correlation | 0.58 |
Modest predictability
YOMA STRATEGIC HLDG has modest predictability. Overlapping area represents the amount of predictability between YOMA STRATEGIC time series from 21st of June 2024 to 19th of September 2024 and 19th of September 2024 to 18th 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 YOMA STRATEGIC HLDG price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current YOMA STRATEGIC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
YOMA STRATEGIC HLDG lagged returns against current returns
Autocorrelation, which is YOMA STRATEGIC 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 YOMA STRATEGIC's stock expected returns. We can calculate the autocorrelation of YOMA STRATEGIC returns to help us make a trade decision. For example, suppose you find that YOMA STRATEGIC 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 |
YOMA STRATEGIC 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 YOMA STRATEGIC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YOMA STRATEGIC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YOMA STRATEGIC stock over time.
Current vs Lagged Prices |
| Timeline |
YOMA STRATEGIC Lagged Returns
When evaluating YOMA STRATEGIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YOMA STRATEGIC stock have on its future price. YOMA STRATEGIC 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, YOMA STRATEGIC autocorrelation shows the relationship between YOMA STRATEGIC stock current value and its past values and can show if there is a momentum factor associated with investing in YOMA STRATEGIC HLDG.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in YOMA Stock
YOMA STRATEGIC financial ratios help investors to determine whether YOMA 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 YOMA with respect to the benefits of owning YOMA STRATEGIC security.