TUI AG (Germany) Market Value
| TUI1 Stock | 7.51 0.02 0.27% |
| Symbol | TUI |
TUI 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 TUI 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 TUI AG.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in TUI AG on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding TUI AG or generate 0.0% return on investment in TUI AG over 30 days. TUI AG is related to or competes with Mitsubishi Gas, NISSAN CHEMICAL, Soken Chemical, G-III Apparel, and American Eagle. More
TUI 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 TUI 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 TUI AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.96 | |||
| Information Ratio | 0.1248 | |||
| Maximum Drawdown | 9.45 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 3.26 |
TUI AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TUI AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TUI AG's standard deviation. In reality, there are many statistical measures that can use TUI AG historical prices to predict the future TUI AG's volatility.| Risk Adjusted Performance | 0.1584 | |||
| Jensen Alpha | 0.3227 | |||
| Total Risk Alpha | 0.05 | |||
| Sortino Ratio | 0.117 | |||
| Treynor Ratio | 1.31 |
TUI AG Backtested Returns
TUI AG appears to be somewhat reliable, given 3 months investment horizon. TUI AG owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for TUI AG, which you can use to evaluate the volatility of the company. Please review TUI AG's coefficient of variation of 501.2, and Risk Adjusted Performance of 0.1584 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TUI AG holds a performance score of 15. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TUI AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding TUI AG is expected to be smaller as well. Please check TUI AG's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether TUI AG's existing price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
TUI AG has poor predictability. Overlapping area represents the amount of predictability between TUI AG time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 TUI AG price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current TUI AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
TUI AG lagged returns against current returns
Autocorrelation, which is TUI 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 TUI AG's stock expected returns. We can calculate the autocorrelation of TUI AG returns to help us make a trade decision. For example, suppose you find that TUI 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 |
TUI 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 TUI AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TUI AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TUI AG stock over time.
Current vs Lagged Prices |
| Timeline |
TUI AG Lagged Returns
When evaluating TUI AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TUI AG stock have on its future price. TUI 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, TUI AG autocorrelation shows the relationship between TUI AG stock current value and its past values and can show if there is a momentum factor associated with investing in TUI AG.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in TUI Stock
TUI AG financial ratios help investors to determine whether TUI 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 TUI with respect to the benefits of owning TUI AG security.