SUMMARECON AGUNG (Germany) Market Value
| RZU Stock | EUR 0.02 0.01 33.33% |
| Symbol | SUMMARECON |
SUMMARECON AGUNG '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 SUMMARECON AGUNG'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 SUMMARECON AGUNG.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in SUMMARECON AGUNG on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding SUMMARECON AGUNG or generate 0.0% return on investment in SUMMARECON AGUNG over 390 days. SUMMARECON AGUNG is related to or competes with TYSON FOODS, Lifeway Foods, STMicroelectronics, STMICROELECTRONICS, UNIVERSAL MUSIC, Arrow Electronics, and STORE ELECTRONIC. More
SUMMARECON AGUNG 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 SUMMARECON AGUNG'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 SUMMARECON AGUNG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.16 | |||
| Information Ratio | 0.0011 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (22.92) | |||
| Potential Upside | 29.41 |
SUMMARECON AGUNG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SUMMARECON AGUNG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SUMMARECON AGUNG's standard deviation. In reality, there are many statistical measures that can use SUMMARECON AGUNG historical prices to predict the future SUMMARECON AGUNG's volatility.| Risk Adjusted Performance | 0.0169 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (1.58) | |||
| Sortino Ratio | 6.0E-4 | |||
| Treynor Ratio | 0.0533 |
SUMMARECON AGUNG Backtested Returns
Currently, SUMMARECON AGUNG is out of control. SUMMARECON AGUNG owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0104, which indicates the firm had a 0.0104% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for SUMMARECON AGUNG, which you can use to evaluate the volatility of the company. Please validate SUMMARECON AGUNG's coefficient of variation of 9728.22, and Risk Adjusted Performance of 0.0169 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. The entity has a beta of 2.15, which indicates 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, SUMMARECON AGUNG will likely underperform. SUMMARECON AGUNG presently has a risk of 12.21%. Please validate SUMMARECON AGUNG semi variance, day median price, and the relationship between the value at risk and kurtosis , to decide if SUMMARECON AGUNG will be following its existing price patterns.
Auto-correlation | -0.35 |
Poor reverse predictability
SUMMARECON AGUNG has poor reverse predictability. Overlapping area represents the amount of predictability between SUMMARECON AGUNG time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 SUMMARECON AGUNG price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current SUMMARECON AGUNG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SUMMARECON AGUNG lagged returns against current returns
Autocorrelation, which is SUMMARECON AGUNG 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 SUMMARECON AGUNG's stock expected returns. We can calculate the autocorrelation of SUMMARECON AGUNG returns to help us make a trade decision. For example, suppose you find that SUMMARECON AGUNG 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 |
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SUMMARECON AGUNG 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 SUMMARECON AGUNG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SUMMARECON AGUNG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SUMMARECON AGUNG stock over time.
Current vs Lagged Prices |
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SUMMARECON AGUNG Lagged Returns
When evaluating SUMMARECON AGUNG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SUMMARECON AGUNG stock have on its future price. SUMMARECON AGUNG 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, SUMMARECON AGUNG autocorrelation shows the relationship between SUMMARECON AGUNG stock current value and its past values and can show if there is a momentum factor associated with investing in SUMMARECON AGUNG.
Regressed Prices |
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Additional Tools for SUMMARECON Stock Analysis
When running SUMMARECON AGUNG's price analysis, check to measure SUMMARECON AGUNG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SUMMARECON AGUNG is operating at the current time. Most of SUMMARECON AGUNG's value examination focuses on studying past and present price action to predict the probability of SUMMARECON AGUNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SUMMARECON AGUNG's price. Additionally, you may evaluate how the addition of SUMMARECON AGUNG to your portfolios can decrease your overall portfolio volatility.