Stanley Electric (Germany) Market Value
| STAA Stock | EUR 15.30 0.10 0.65% |
| Symbol | Stanley |
Stanley Electric '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 Stanley Electric'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 Stanley Electric.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Stanley Electric on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Stanley Electric Co or generate 0.0% return on investment in Stanley Electric over 30 days. Stanley Electric is related to or competes with Southwest Airlines, LG Display, Tencent Music, Ubisoft Entertainment, and TOWNSQUARE MEDIA. Stanley Electric Co., Ltd., together with its subsidiaries, manufacture, sells, and importexport of automotive and other... More
Stanley Electric 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 Stanley Electric'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 Stanley Electric Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 5.6 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 2.56 |
Stanley Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stanley Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stanley Electric's standard deviation. In reality, there are many statistical measures that can use Stanley Electric historical prices to predict the future Stanley Electric's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.54) |
Stanley Electric Backtested Returns
Stanley Electric owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Stanley Electric Co exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stanley Electric's Variance of 1.56, coefficient of variation of (742.21), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Stanley Electric's returns are expected to increase less than the market. However, during the bear market, the loss of holding Stanley Electric is expected to be smaller as well. At this point, Stanley Electric has a negative expected return of -0.16%. Please make sure to validate Stanley Electric's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if Stanley Electric performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.21 |
Weak reverse predictability
Stanley Electric Co has weak reverse predictability. Overlapping area represents the amount of predictability between Stanley Electric time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Stanley Electric price movement. The serial correlation of -0.21 indicates that over 21.0% of current Stanley Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Stanley Electric lagged returns against current returns
Autocorrelation, which is Stanley Electric 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 Stanley Electric's stock expected returns. We can calculate the autocorrelation of Stanley Electric returns to help us make a trade decision. For example, suppose you find that Stanley Electric 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 |
Stanley Electric 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 Stanley Electric stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stanley Electric stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stanley Electric stock over time.
Current vs Lagged Prices |
| Timeline |
Stanley Electric Lagged Returns
When evaluating Stanley Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stanley Electric stock have on its future price. Stanley Electric 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, Stanley Electric autocorrelation shows the relationship between Stanley Electric stock current value and its past values and can show if there is a momentum factor associated with investing in Stanley Electric Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Stanley Stock
Stanley Electric financial ratios help investors to determine whether Stanley 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 Stanley with respect to the benefits of owning Stanley Electric security.