SARTORIUS (Germany) Market Value
| SRT4 Stock | EUR 32.00 1.00 3.03% |
| Symbol | SARTORIUS |
SARTORIUS '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'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.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in SARTORIUS on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding SARTORIUS AG UNSPADR or generate 0.0% return on investment in SARTORIUS over 720 days. SARTORIUS is related to or competes with United Airlines, Singapore Airlines, Gol Intelligent, INTERSHOP Communications, Consolidated Communications, and Southwest Airlines. Sartorius Aktiengesellschaft provides bioprocess solutions and lab products and services worldwide More
SARTORIUS 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'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 AG UNSPADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 19.79 | |||
| Value At Risk | (5.38) | |||
| Potential Upside | 5.43 |
SARTORIUS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SARTORIUS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SARTORIUS's standard deviation. In reality, there are many statistical measures that can use SARTORIUS historical prices to predict the future SARTORIUS's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | 0.589 |
SARTORIUS AG UNSPADR Backtested Returns
SARTORIUS AG UNSPADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0409, which indicates the company had a -0.0409% return per unit of standard deviation over the last 3 months. SARTORIUS AG UNSPADR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SARTORIUS's Risk Adjusted Performance of (0.02), market risk adjusted performance of 0.599, and Standard Deviation of 3.29 to confirm the risk estimate we provide. The firm has a beta of -0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SARTORIUS are expected to decrease at a much lower rate. During the bear market, SARTORIUS is likely to outperform the market. At this point, SARTORIUS AG UNSPADR has a negative expected return of -0.13%. Please make sure to validate SARTORIUS's maximum drawdown, skewness, daily balance of power, as well as the relationship between the potential upside and kurtosis , to decide if SARTORIUS AG UNSPADR performance from the past will be repeated at future time.
Auto-correlation | 0.77 |
Good predictability
SARTORIUS AG UNSPADR has good predictability. Overlapping area represents the amount of predictability between SARTORIUS time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 AG UNSPADR price movement. The serial correlation of 0.77 indicates that around 77.0% of current SARTORIUS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 44.88 |
SARTORIUS AG UNSPADR lagged returns against current returns
Autocorrelation, which is SARTORIUS 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's stock expected returns. We can calculate the autocorrelation of SARTORIUS returns to help us make a trade decision. For example, suppose you find that SARTORIUS 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SARTORIUS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SARTORIUS stock over time.
Current vs Lagged Prices |
| Timeline |
SARTORIUS Lagged Returns
When evaluating SARTORIUS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SARTORIUS stock have on its future price. SARTORIUS 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 autocorrelation shows the relationship between SARTORIUS stock current value and its past values and can show if there is a momentum factor associated with investing in SARTORIUS AG UNSPADR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SARTORIUS Stock
SARTORIUS 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 security.