TAG Immobilien (Germany) Market Value
| TEG Stock | EUR 14.52 0.04 0.27% |
| Symbol | TAG |
TAG Immobilien '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 TAG Immobilien'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 TAG Immobilien.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in TAG Immobilien on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding TAG Immobilien AG or generate 0.0% return on investment in TAG Immobilien over 720 days. TAG Immobilien is related to or competes with Hyster-Yale Materials, Martin Marietta, GOODYEAR T, Goodyear Tire, ADRIATIC METALS, Jacquet Metal, and APPLIED MATERIALS. TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany More
TAG Immobilien 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 TAG Immobilien'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 TAG Immobilien AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.27 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 2.51 |
TAG Immobilien Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TAG Immobilien's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TAG Immobilien's standard deviation. In reality, there are many statistical measures that can use TAG Immobilien historical prices to predict the future TAG Immobilien's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.22) |
TAG Immobilien AG Backtested Returns
TAG Immobilien AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0213, which indicates the company had a -0.0213% return per unit of volatility over the last 3 months. TAG Immobilien AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TAG Immobilien's insignificant Risk Adjusted Performance, standard deviation of 1.78, and Market Risk Adjusted Performance of (0.21) to confirm the risk estimate we provide. The firm has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TAG Immobilien's returns are expected to increase less than the market. However, during the bear market, the loss of holding TAG Immobilien is expected to be smaller as well. At this point, TAG Immobilien AG has a negative expected return of -0.0382%. Please make sure to validate TAG Immobilien's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if TAG Immobilien AG performance from the past will be repeated in the future.
Auto-correlation | 0.73 |
Good predictability
TAG Immobilien AG has good predictability. Overlapping area represents the amount of predictability between TAG Immobilien time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 TAG Immobilien AG price movement. The serial correlation of 0.73 indicates that around 73.0% of current TAG Immobilien price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 2.29 |
TAG Immobilien AG lagged returns against current returns
Autocorrelation, which is TAG Immobilien 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 TAG Immobilien's stock expected returns. We can calculate the autocorrelation of TAG Immobilien returns to help us make a trade decision. For example, suppose you find that TAG Immobilien 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 |
TAG Immobilien 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 TAG Immobilien stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TAG Immobilien stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TAG Immobilien stock over time.
Current vs Lagged Prices |
| Timeline |
TAG Immobilien Lagged Returns
When evaluating TAG Immobilien's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TAG Immobilien stock have on its future price. TAG Immobilien 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, TAG Immobilien autocorrelation shows the relationship between TAG Immobilien stock current value and its past values and can show if there is a momentum factor associated with investing in TAG Immobilien AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TAG Stock
TAG Immobilien financial ratios help investors to determine whether TAG 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 TAG with respect to the benefits of owning TAG Immobilien security.