DEUTSCHE BK AG Market Value
| 251526BZ1 | 97.69 0.00 0.00% |
| Symbol | 251526BZ1 |
251526BZ1 '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 251526BZ1's bond 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 251526BZ1.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in 251526BZ1 on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding DEUTSCHE BK AG or generate 0.0% return on investment in 251526BZ1 over 300 days. 251526BZ1 is related to or competes with 00108WAF7, 90331HPL1, Charles Schwab, Knightscope, Liberty Media, Marvell Technology, and GM. More
251526BZ1 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 251526BZ1's bond 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 DEUTSCHE BK AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.97 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.4669 |
251526BZ1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 251526BZ1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 251526BZ1's standard deviation. In reality, there are many statistical measures that can use 251526BZ1 historical prices to predict the future 251526BZ1's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.80) |
DEUTSCHE BK AG Backtested Returns
At this point, 251526BZ1 is very steady. DEUTSCHE BK AG secures Sharpe Ratio (or Efficiency) of 0.0122, which signifies that the bond had a 0.0122% return per unit of risk over the last 3 months. We have found eighteen technical indicators for DEUTSCHE BK AG, which you can use to evaluate the volatility of the entity. Please confirm 251526BZ1's Standard Deviation of 0.3346, variance of 0.112, and Mean Deviation of 0.2451 to double-check if the risk estimate we provide is consistent with the expected return of 0.0049%. The bond shows a Beta (market volatility) of 0.0246, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 251526BZ1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 251526BZ1 is expected to be smaller as well.
Auto-correlation | -0.15 |
Insignificant reverse predictability
DEUTSCHE BK AG has insignificant reverse predictability. Overlapping area represents the amount of predictability between 251526BZ1 time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 DEUTSCHE BK AG price movement. The serial correlation of -0.15 indicates that less than 15.0% of current 251526BZ1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
DEUTSCHE BK AG lagged returns against current returns
Autocorrelation, which is 251526BZ1 bond'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 251526BZ1's bond expected returns. We can calculate the autocorrelation of 251526BZ1 returns to help us make a trade decision. For example, suppose you find that 251526BZ1 has exhibited high autocorrelation historically, and you observe that the bond 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 |
251526BZ1 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 251526BZ1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 251526BZ1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 251526BZ1 bond over time.
Current vs Lagged Prices |
| Timeline |
251526BZ1 Lagged Returns
When evaluating 251526BZ1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 251526BZ1 bond have on its future price. 251526BZ1 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, 251526BZ1 autocorrelation shows the relationship between 251526BZ1 bond current value and its past values and can show if there is a momentum factor associated with investing in DEUTSCHE BK AG.
Regressed Prices |
| Timeline |
Also Currently Popular
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 251526BZ1 Bond
251526BZ1 financial ratios help investors to determine whether 251526BZ1 Bond 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 251526BZ1 with respect to the benefits of owning 251526BZ1 security.