Sartorius Aktiengesellscha (Germany) Market Value
| SRT3 Stock | 216.80 5.70 2.70% |
| Symbol | Sartorius |
Sartorius Aktiengesellscha '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 Sartorius Aktiengesellscha'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 Sartorius Aktiengesellscha.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Sartorius Aktiengesellscha on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Sartorius Aktiengesellschaft or generate 0.0% return on investment in Sartorius Aktiengesellscha over 30 days. Sartorius Aktiengesellscha is related to or competes with Becton Dickinson, HOYA, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, Talanx AG, and 2G ENERGY. More
Sartorius Aktiengesellscha 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 Sartorius Aktiengesellscha'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 Sartorius Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 22.45 | |||
| Value At Risk | (4.73) | |||
| Potential Upside | 3.48 |
Sartorius Aktiengesellscha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sartorius Aktiengesellscha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sartorius Aktiengesellscha's standard deviation. In reality, there are many statistical measures that can use Sartorius Aktiengesellscha historical prices to predict the future Sartorius Aktiengesellscha's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (0.35) |
Sartorius Aktiengesellscha Backtested Returns
Sartorius Aktiengesellscha owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0504, which indicates the firm had a -0.0504% return per unit of risk over the last 3 months. Sartorius Aktiengesellschaft exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sartorius Aktiengesellscha's Coefficient Of Variation of (2,311), variance of 10.24, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sartorius Aktiengesellscha's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sartorius Aktiengesellscha is expected to be smaller as well. At this point, Sartorius Aktiengesellscha has a negative expected return of -0.16%. Please make sure to validate Sartorius Aktiengesellscha's value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Sartorius Aktiengesellscha performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.49 |
Average predictability
Sartorius Aktiengesellschaft has average predictability. Overlapping area represents the amount of predictability between Sartorius Aktiengesellscha time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Sartorius Aktiengesellscha price movement. The serial correlation of 0.49 indicates that about 49.0% of current Sartorius Aktiengesellscha price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 68.1 |
Sartorius Aktiengesellscha lagged returns against current returns
Autocorrelation, which is Sartorius Aktiengesellscha 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 Sartorius Aktiengesellscha's stock expected returns. We can calculate the autocorrelation of Sartorius Aktiengesellscha returns to help us make a trade decision. For example, suppose you find that Sartorius Aktiengesellscha 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 |
Sartorius Aktiengesellscha 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 Sartorius Aktiengesellscha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sartorius Aktiengesellscha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sartorius Aktiengesellscha stock over time.
Current vs Lagged Prices |
| Timeline |
Sartorius Aktiengesellscha Lagged Returns
When evaluating Sartorius Aktiengesellscha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sartorius Aktiengesellscha stock have on its future price. Sartorius Aktiengesellscha 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, Sartorius Aktiengesellscha autocorrelation shows the relationship between Sartorius Aktiengesellscha stock current value and its past values and can show if there is a momentum factor associated with investing in Sartorius Aktiengesellschaft.
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 Sartorius Stock
Sartorius Aktiengesellscha financial ratios help investors to determine whether Sartorius 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 Sartorius with respect to the benefits of owning Sartorius Aktiengesellscha security.