VERBUND AG (Austria) Market Value
| VER Stock | EUR 75.60 2.65 3.63% |
| Symbol | VERBUND |
VERBUND 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 VERBUND 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 VERBUND AG.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in VERBUND AG on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding VERBUND AG or generate 0.0% return on investment in VERBUND AG over 720 days. VERBUND AG is related to or competes with OMV Aktiengesellscha, Voestalpine, Wienerberger, EVN AG, and Andritz AG. VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchanges, traders, energ... More
VERBUND 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 VERBUND 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 VERBUND AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 9.3 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 1.94 |
VERBUND AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VERBUND AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VERBUND AG's standard deviation. In reality, there are many statistical measures that can use VERBUND AG historical prices to predict the future VERBUND AG's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.2609 |
VERBUND AG Backtested Returns
VERBUND AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0254, which indicates the firm had a -0.0254% return per unit of standard deviation over the last 3 months. VERBUND AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VERBUND AG's risk adjusted performance of (0.01), and Variance of 2.47 to confirm the risk estimate we provide. The entity has a beta of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VERBUND AG are expected to decrease at a much lower rate. During the bear market, VERBUND AG is likely to outperform the market. At this point, VERBUND AG has a negative expected return of -0.0399%. Please make sure to validate VERBUND AG's accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if VERBUND AG performance from the past will be repeated at future time.
Auto-correlation | -0.07 |
Very weak reverse predictability
VERBUND AG has very weak reverse predictability. Overlapping area represents the amount of predictability between VERBUND AG time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 VERBUND AG price movement. The serial correlation of -0.07 indicates that barely 7.0% of current VERBUND AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 28.42 |
VERBUND AG lagged returns against current returns
Autocorrelation, which is VERBUND 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 VERBUND AG's stock expected returns. We can calculate the autocorrelation of VERBUND AG returns to help us make a trade decision. For example, suppose you find that VERBUND 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 |
VERBUND 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 VERBUND AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VERBUND AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VERBUND AG stock over time.
Current vs Lagged Prices |
| Timeline |
VERBUND AG Lagged Returns
When evaluating VERBUND AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VERBUND AG stock have on its future price. VERBUND 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, VERBUND AG autocorrelation shows the relationship between VERBUND AG stock current value and its past values and can show if there is a momentum factor associated with investing in VERBUND AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in VERBUND Stock
VERBUND AG financial ratios help investors to determine whether VERBUND 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 VERBUND with respect to the benefits of owning VERBUND AG security.