Shenandoah Telecommunicatio (Germany) Market Value
| SH9 Stock | EUR 12.70 1.20 10.43% |
| Symbol | Shenandoah |
Shenandoah Telecommunicatio '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 Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Shenandoah Telecommunicatio on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Shenandoah Telecommunications or generate 0.0% return on investment in Shenandoah Telecommunicatio over 180 days. Shenandoah Telecommunicatio is related to or competes with T Mobile, ATT, and Deutsche Telekom. Shenandoah Telecommunications Company, through its subsidiaries, primarily provides wireless, cable, and wireline teleco... More
Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio'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 Shenandoah Telecommunications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.52 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 31.86 | |||
| Value At Risk | (4.77) | |||
| Potential Upside | 6.45 |
Shenandoah Telecommunicatio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenandoah Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenandoah Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use Shenandoah Telecommunicatio historical prices to predict the future Shenandoah Telecommunicatio's volatility.| Risk Adjusted Performance | 0.018 | |||
| Jensen Alpha | 0.1115 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.08) |
Shenandoah Telecommunicatio Backtested Returns
Shenandoah Telecommunicatio owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0032, which indicates the firm had a -0.0032% return per unit of risk over the last 3 months. Shenandoah Telecommunications exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shenandoah Telecommunicatio's Risk Adjusted Performance of 0.018, semi deviation of 4.11, and Coefficient Of Variation of 7759.91 to confirm the risk estimate we provide. The entity has a beta of -0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Shenandoah Telecommunicatio are expected to decrease at a much lower rate. During the bear market, Shenandoah Telecommunicatio is likely to outperform the market. At this point, Shenandoah Telecommunicatio has a negative expected return of -0.0139%. Please make sure to validate Shenandoah Telecommunicatio's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Shenandoah Telecommunicatio performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Shenandoah Telecommunications has poor predictability. Overlapping area represents the amount of predictability between Shenandoah Telecommunicatio time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Shenandoah Telecommunicatio price movement. The serial correlation of 0.25 indicates that over 25.0% of current Shenandoah Telecommunicatio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
Shenandoah Telecommunicatio lagged returns against current returns
Autocorrelation, which is Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio's stock expected returns. We can calculate the autocorrelation of Shenandoah Telecommunicatio returns to help us make a trade decision. For example, suppose you find that Shenandoah Telecommunicatio 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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Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenandoah Telecommunicatio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenandoah Telecommunicatio stock over time.
Current vs Lagged Prices |
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Shenandoah Telecommunicatio Lagged Returns
When evaluating Shenandoah Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shenandoah Telecommunicatio stock have on its future price. Shenandoah Telecommunicatio 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, Shenandoah Telecommunicatio autocorrelation shows the relationship between Shenandoah Telecommunicatio stock current value and its past values and can show if there is a momentum factor associated with investing in Shenandoah Telecommunications.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Shenandoah Stock
Shenandoah Telecommunicatio financial ratios help investors to determine whether Shenandoah 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 Shenandoah with respect to the benefits of owning Shenandoah Telecommunicatio security.