Sto SE (Germany) Market Value
| STO3 Stock | 113.40 1.60 1.43% |
| Symbol | Sto |
Sto SE '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 Sto SE'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 Sto SE.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Sto SE on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Sto SE Co or generate 0.0% return on investment in Sto SE over 30 days. Sto SE is related to or competes with CANON MARKETING, FLOW TRADERS, Tradeweb Markets, Pure Storage, Trade Desk, FAST RETAIL, and CARSALESCOM. More
Sto SE 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 Sto SE'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 Sto SE Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 9.0 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.02 |
Sto SE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sto SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sto SE's standard deviation. In reality, there are many statistical measures that can use Sto SE historical prices to predict the future Sto SE's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.29) |
Sto SE Backtested Returns
Sto SE owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0403, which indicates the firm had a -0.0403% return per unit of risk over the last 3 months. Sto SE Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sto SE's Variance of 1.93, coefficient of variation of (1,636), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sto SE's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sto SE is expected to be smaller as well. At this point, Sto SE has a negative expected return of -0.0574%. Please make sure to validate Sto SE's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Sto SE performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Sto SE Co has poor predictability. Overlapping area represents the amount of predictability between Sto SE time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Sto SE price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Sto SE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 11.72 |
Sto SE lagged returns against current returns
Autocorrelation, which is Sto SE 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 Sto SE's stock expected returns. We can calculate the autocorrelation of Sto SE returns to help us make a trade decision. For example, suppose you find that Sto SE 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 |
Sto SE 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 Sto SE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sto SE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sto SE stock over time.
Current vs Lagged Prices |
| Timeline |
Sto SE Lagged Returns
When evaluating Sto SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sto SE stock have on its future price. Sto SE 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, Sto SE autocorrelation shows the relationship between Sto SE stock current value and its past values and can show if there is a momentum factor associated with investing in Sto SE Co.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sto Stock Analysis
When running Sto SE's price analysis, check to measure Sto SE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sto SE is operating at the current time. Most of Sto SE's value examination focuses on studying past and present price action to predict the probability of Sto SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sto SE's price. Additionally, you may evaluate how the addition of Sto SE to your portfolios can decrease your overall portfolio volatility.