STORE ELECTRONIC (Germany) Market Value
| S4M Stock | EUR 142.00 0.40 0.28% |
| Symbol | STORE |
STORE ELECTRONIC '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 STORE ELECTRONIC'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 STORE ELECTRONIC.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in STORE ELECTRONIC on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding STORE ELECTRONIC or generate 0.0% return on investment in STORE ELECTRONIC over 60 days. STORE ELECTRONIC is related to or competes with Apple, Apple, Superior Plus, SIVERS SEMICONDUCTORS, Meli Hotels, SIRIUS XM, and Hemisphere Energy. More
STORE ELECTRONIC 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 STORE ELECTRONIC'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 STORE ELECTRONIC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.16 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 3.12 |
STORE ELECTRONIC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for STORE ELECTRONIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as STORE ELECTRONIC's standard deviation. In reality, there are many statistical measures that can use STORE ELECTRONIC historical prices to predict the future STORE ELECTRONIC's volatility.| Risk Adjusted Performance | 0.041 | |||
| Jensen Alpha | 0.0782 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 2.22 |
STORE ELECTRONIC Backtested Returns
At this point, STORE ELECTRONIC is very steady. STORE ELECTRONIC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0121, which indicates the firm had a 0.0121% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for STORE ELECTRONIC, which you can use to evaluate the volatility of the company. Please validate STORE ELECTRONIC's risk adjusted performance of 0.041, and Coefficient Of Variation of 2202.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0242%. The entity has a beta of 0.0371, which indicates not very significant fluctuations relative to the market. As returns on the market increase, STORE ELECTRONIC's returns are expected to increase less than the market. However, during the bear market, the loss of holding STORE ELECTRONIC is expected to be smaller as well. STORE ELECTRONIC presently has a risk of 2.01%. Please validate STORE ELECTRONIC total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if STORE ELECTRONIC will be following its existing price patterns.
Auto-correlation | 0.82 |
Very good predictability
STORE ELECTRONIC has very good predictability. Overlapping area represents the amount of predictability between STORE ELECTRONIC time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 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 STORE ELECTRONIC price movement. The serial correlation of 0.82 indicates that around 82.0% of current STORE ELECTRONIC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 14.93 |
STORE ELECTRONIC lagged returns against current returns
Autocorrelation, which is STORE ELECTRONIC 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 STORE ELECTRONIC's stock expected returns. We can calculate the autocorrelation of STORE ELECTRONIC returns to help us make a trade decision. For example, suppose you find that STORE ELECTRONIC 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 |
STORE ELECTRONIC 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 STORE ELECTRONIC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if STORE ELECTRONIC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in STORE ELECTRONIC stock over time.
Current vs Lagged Prices |
| Timeline |
STORE ELECTRONIC Lagged Returns
When evaluating STORE ELECTRONIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of STORE ELECTRONIC stock have on its future price. STORE ELECTRONIC 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, STORE ELECTRONIC autocorrelation shows the relationship between STORE ELECTRONIC stock current value and its past values and can show if there is a momentum factor associated with investing in STORE ELECTRONIC.
Regressed Prices |
| Timeline |
Also Currently Popular
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 STORE Stock
STORE ELECTRONIC financial ratios help investors to determine whether STORE 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 STORE with respect to the benefits of owning STORE ELECTRONIC security.