Sociedad Qumica (Germany) Market Value
| QYM Stock | EUR 36.60 0.20 0.54% |
| Symbol | Sociedad |
Sociedad Qumica '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 Sociedad Qumica'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 Sociedad Qumica.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Sociedad Qumica on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Sociedad Qumica y or generate 0.0% return on investment in Sociedad Qumica over 180 days. Sociedad Qumica is related to or competes with Pure Storage, Transport International, MICRONIC MYDATA, Information Services, INFORMATION SVC, NTG Nordic, and Public Storage. Sociedad Qumica y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, l... More
Sociedad Qumica 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 Sociedad Qumica'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 Sociedad Qumica y upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | 0.0075 | |||
| Maximum Drawdown | 15.75 | |||
| Value At Risk | (4.13) | |||
| Potential Upside | 4.99 |
Sociedad Qumica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sociedad Qumica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sociedad Qumica's standard deviation. In reality, there are many statistical measures that can use Sociedad Qumica historical prices to predict the future Sociedad Qumica's volatility.| Risk Adjusted Performance | 0.0398 | |||
| Jensen Alpha | 0.0733 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0095 | |||
| Treynor Ratio | 0.2456 |
Sociedad Qumica y Backtested Returns
At this point, Sociedad Qumica is not too volatile. Sociedad Qumica y owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0385, which indicates the firm had a 0.0385% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sociedad Qumica y, which you can use to evaluate the volatility of the company. Please validate Sociedad Qumica's Risk Adjusted Performance of 0.0398, coefficient of variation of 2368.4, and Semi Deviation of 2.32 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Sociedad Qumica has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sociedad Qumica's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sociedad Qumica is expected to be smaller as well. Sociedad Qumica y right now has a risk of 3.12%. Please validate Sociedad Qumica downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to decide if Sociedad Qumica will be following its existing price patterns.
Auto-correlation | -0.41 |
Modest reverse predictability
Sociedad Qumica y has modest reverse predictability. Overlapping area represents the amount of predictability between Sociedad Qumica time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Sociedad Qumica y price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Sociedad Qumica price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 3.41 |
Sociedad Qumica y lagged returns against current returns
Autocorrelation, which is Sociedad Qumica 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 Sociedad Qumica's stock expected returns. We can calculate the autocorrelation of Sociedad Qumica returns to help us make a trade decision. For example, suppose you find that Sociedad Qumica 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 |
Sociedad Qumica 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 Sociedad Qumica stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sociedad Qumica stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sociedad Qumica stock over time.
Current vs Lagged Prices |
| Timeline |
Sociedad Qumica Lagged Returns
When evaluating Sociedad Qumica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sociedad Qumica stock have on its future price. Sociedad Qumica 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, Sociedad Qumica autocorrelation shows the relationship between Sociedad Qumica stock current value and its past values and can show if there is a momentum factor associated with investing in Sociedad Qumica y.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sociedad Stock
Sociedad Qumica financial ratios help investors to determine whether Sociedad 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 Sociedad with respect to the benefits of owning Sociedad Qumica security.