Dr Ing (Germany) Market Value
| P911 Stock | 58.76 0.06 0.10% |
| Symbol | P911 |
Dr Ing '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 Dr Ing'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 Dr Ing.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Dr Ing on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Dr Ing hcF or generate 0.0% return on investment in Dr Ing over 720 days. Dr Ing is related to or competes with UNITED UTILITIES, OFFICE DEPOT, Shenandoah Telecommunicatio, 24SEVENOFFICE GROUP, and Singapore Telecommunicatio. More
Dr Ing 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 Dr Ing'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 Dr Ing hcF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 9.81 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 3.36 |
Dr Ing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dr Ing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dr Ing's standard deviation. In reality, there are many statistical measures that can use Dr Ing historical prices to predict the future Dr Ing's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 1.56 |
Dr Ing hcF Backtested Returns
Dr Ing hcF retains Efficiency (Sharpe Ratio) of -0.13, which denotes the company had a -0.13% return per unit of price deviation over the last 3 months. Dr Ing exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dr Ing's Information Ratio of (0.17), market risk adjusted performance of 1.57, and Standard Deviation of 2.13 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dr Ing are expected to decrease at a much lower rate. During the bear market, Dr Ing is likely to outperform the market. At this point, Dr Ing hcF has a negative expected return of -0.27%. Please make sure to confirm Dr Ing's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Dr Ing hcF performance from the past will be repeated in the future.
Auto-correlation | 0.62 |
Good predictability
Dr Ing hcF has good predictability. Overlapping area represents the amount of predictability between Dr Ing time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Dr Ing hcF price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Dr Ing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 46.42 |
Dr Ing hcF lagged returns against current returns
Autocorrelation, which is Dr Ing 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 Dr Ing's stock expected returns. We can calculate the autocorrelation of Dr Ing returns to help us make a trade decision. For example, suppose you find that Dr Ing 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 |
Dr Ing 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 Dr Ing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dr Ing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dr Ing stock over time.
Current vs Lagged Prices |
| Timeline |
Dr Ing Lagged Returns
When evaluating Dr Ing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dr Ing stock have on its future price. Dr Ing 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, Dr Ing autocorrelation shows the relationship between Dr Ing stock current value and its past values and can show if there is a momentum factor associated with investing in Dr Ing hcF.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in P911 Stock
Dr Ing financial ratios help investors to determine whether P911 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 P911 with respect to the benefits of owning Dr Ing security.