Takkt AG (Germany) Market Value
| TTK Stock | EUR 8.05 0.29 3.48% |
| Symbol | Takkt |
Takkt AG '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 Takkt AG'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 Takkt AG.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Takkt AG on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Takkt AG or generate 0.0% return on investment in Takkt AG over 30 days. Takkt AG is related to or competes with Lion One, Dave Busters, Perseus Mining, Universal Entertainment, and MCEWEN MINING. More
Takkt AG 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 Takkt AG'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 Takkt AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 7.49 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.06 |
Takkt AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Takkt AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Takkt AG's standard deviation. In reality, there are many statistical measures that can use Takkt AG historical prices to predict the future Takkt AG's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 4.95 |
Takkt AG Backtested Returns
Takkt AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.23, which indicates the firm had a -0.23% return per unit of risk over the last 3 months. Takkt AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Takkt AG's Variance of 2.34, risk adjusted performance of (0.16), and Coefficient Of Variation of (474.26) to confirm the risk estimate we provide. The entity has a beta of -0.0672, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Takkt AG are expected to decrease at a much lower rate. During the bear market, Takkt AG is likely to outperform the market. At this point, Takkt AG has a negative expected return of -0.36%. Please make sure to validate Takkt AG's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Takkt AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.84 |
Very good predictability
Takkt AG has very good predictability. Overlapping area represents the amount of predictability between Takkt AG 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 Takkt AG price movement. The serial correlation of 0.84 indicates that around 84.0% of current Takkt AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Takkt AG lagged returns against current returns
Autocorrelation, which is Takkt AG 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 Takkt AG's stock expected returns. We can calculate the autocorrelation of Takkt AG returns to help us make a trade decision. For example, suppose you find that Takkt AG 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 |
Takkt AG 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 Takkt AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Takkt AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Takkt AG stock over time.
Current vs Lagged Prices |
| Timeline |
Takkt AG Lagged Returns
When evaluating Takkt AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Takkt AG stock have on its future price. Takkt AG 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, Takkt AG autocorrelation shows the relationship between Takkt AG stock current value and its past values and can show if there is a momentum factor associated with investing in Takkt AG.
Regressed Prices |
| Timeline |
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Additional Tools for Takkt Stock Analysis
When running Takkt AG's price analysis, check to measure Takkt AG'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 Takkt AG is operating at the current time. Most of Takkt AG's value examination focuses on studying past and present price action to predict the probability of Takkt AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Takkt AG's price. Additionally, you may evaluate how the addition of Takkt AG to your portfolios can decrease your overall portfolio volatility.