American Financial (Germany) Market Value
| QFI Stock | EUR 140.00 1.00 0.72% |
| Symbol | American |
American Financial '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 American Financial'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 American Financial.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in American Financial on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding American Financial Group or generate 0.0% return on investment in American Financial over 30 days. American Financial is related to or competes with Peoples Insurance, Loews Corp, Hanover Insurance, Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. American Financial Group, Inc., an insurance holding company, provides specialty property and casualty insurance product... More
American Financial 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 American Financial'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 American Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | 0.1019 | |||
| Maximum Drawdown | 9.8 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 3.45 |
American Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Financial's standard deviation. In reality, there are many statistical measures that can use American Financial historical prices to predict the future American Financial's volatility.| Risk Adjusted Performance | 0.1432 | |||
| Jensen Alpha | 0.1274 | |||
| Total Risk Alpha | 0.0129 | |||
| Sortino Ratio | 0.1145 | |||
| Treynor Ratio | 0.218 |
American Financial Backtested Returns
American Financial appears to be very steady, given 3 months investment horizon. American Financial secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for American Financial Group, which you can use to evaluate the volatility of the firm. Please makes use of American Financial's risk adjusted performance of 0.1432, and Mean Deviation of 1.31 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, American Financial holds a performance score of 13. The firm shows a Beta (market volatility) of 1.41, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, American Financial will likely underperform. Please check American Financial's sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether American Financial's price patterns will revert.
Auto-correlation | 0.89 |
Very good predictability
American Financial Group has very good predictability. Overlapping area represents the amount of predictability between American Financial time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 American Financial price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current American Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 19.16 |
American Financial lagged returns against current returns
Autocorrelation, which is American Financial 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 American Financial's stock expected returns. We can calculate the autocorrelation of American Financial returns to help us make a trade decision. For example, suppose you find that American Financial 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 |
American Financial 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 American Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Financial stock over time.
Current vs Lagged Prices |
| Timeline |
American Financial Lagged Returns
When evaluating American Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Financial stock have on its future price. American Financial 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, American Financial autocorrelation shows the relationship between American Financial stock current value and its past values and can show if there is a momentum factor associated with investing in American Financial Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in American Stock
When determining whether American Financial is a strong investment it is important to analyze American Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Financial's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:Check out American Financial Correlation, American Financial Volatility and American Financial Alpha and Beta module to complement your research on American Financial. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
American Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.