Flughafen Zrich Ag Stock Market Value
| UZAPF Stock | USD 238.00 0.00 0.00% |
| Symbol | Flughafen |
Flughafen Zürich '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 Flughafen Zürich's pink sheet 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 Flughafen Zürich.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Flughafen Zürich on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Flughafen Zrich AG or generate 0.0% return on investment in Flughafen Zürich over 90 days. Flughafen Zürich is related to or competes with Aena SME, Aena SME, Aeroports, Constellation Energy, Palladyne, PayPal Holdings, and Applied Blockchain. Flughafen Zrich AG owns and operates the Zurich in Switzerland More
Flughafen Zürich 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 Flughafen Zürich's pink sheet 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 Flughafen Zrich AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 13.1 | |||
| Potential Upside | 0.9981 |
Flughafen Zürich Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flughafen Zürich's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flughafen Zürich's standard deviation. In reality, there are many statistical measures that can use Flughafen Zürich historical prices to predict the future Flughafen Zürich's volatility.| Risk Adjusted Performance | 0.0413 | |||
| Jensen Alpha | 0.0682 | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.60) |
Flughafen Zrich AG Backtested Returns
At this point, Flughafen Zürich is very steady. Flughafen Zrich AG secures Sharpe Ratio (or Efficiency) of 0.0492, which denotes the company had a 0.0492% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Flughafen Zrich AG, which you can use to evaluate the volatility of the firm. Please confirm Flughafen Zürich's Mean Deviation of 0.4134, standard deviation of 1.39, and Variance of 1.93 to check if the risk estimate we provide is consistent with the expected return of 0.07%. Flughafen Zürich has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0953, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Flughafen Zürich are expected to decrease at a much lower rate. During the bear market, Flughafen Zürich is likely to outperform the market. Flughafen Zrich AG right now shows a risk of 1.42%. Please confirm Flughafen Zrich AG standard deviation, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Flughafen Zrich AG will be following its price patterns.
Auto-correlation | 0.11 |
Insignificant predictability
Flughafen Zrich AG has insignificant predictability. Overlapping area represents the amount of predictability between Flughafen Zürich time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Flughafen Zrich AG price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Flughafen Zürich price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Flughafen Zrich AG lagged returns against current returns
Autocorrelation, which is Flughafen Zürich pink sheet'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 Flughafen Zürich's pink sheet expected returns. We can calculate the autocorrelation of Flughafen Zürich returns to help us make a trade decision. For example, suppose you find that Flughafen Zürich has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Flughafen Zürich 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 Flughafen Zürich pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flughafen Zürich pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flughafen Zürich pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Flughafen Zürich Lagged Returns
When evaluating Flughafen Zürich's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flughafen Zürich pink sheet have on its future price. Flughafen Zürich 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, Flughafen Zürich autocorrelation shows the relationship between Flughafen Zürich pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Flughafen Zrich AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Flughafen Pink Sheet
Flughafen Zürich financial ratios help investors to determine whether Flughafen Pink Sheet 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 Flughafen with respect to the benefits of owning Flughafen Zürich security.