Vossloh AG (Germany) Market Value
| VOS Stock | 42.35 0.20 0.47% |
| Symbol | Vossloh |
Vossloh 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 Vossloh 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 Vossloh AG.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Vossloh AG on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Vossloh AG or generate 0.0% return on investment in Vossloh AG over 720 days. Vossloh AG is related to or competes with Goosehead Insurance, Japan Post, MSAD INSURANCE, LIFENET INSURANCE, Fevertree Drinks, BOSTON BEER, and REVO INSURANCE. More
Vossloh 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 Vossloh 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 Vossloh AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 6.58 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 1.87 |
Vossloh AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vossloh AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vossloh AG's standard deviation. In reality, there are many statistical measures that can use Vossloh AG historical prices to predict the future Vossloh AG's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vossloh AG's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vossloh AG Backtested Returns
Vossloh AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Vossloh AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vossloh AG's Coefficient Of Variation of (676.43), variance of 1.69, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity has a beta of 0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vossloh AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vossloh AG is expected to be smaller as well. At this point, Vossloh AG has a negative expected return of -0.16%. Please make sure to validate Vossloh AG's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Vossloh AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Vossloh AG has virtually no predictability. Overlapping area represents the amount of predictability between Vossloh AG time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Vossloh AG price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Vossloh AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 12.05 |
Vossloh AG lagged returns against current returns
Autocorrelation, which is Vossloh 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 Vossloh AG's stock expected returns. We can calculate the autocorrelation of Vossloh AG returns to help us make a trade decision. For example, suppose you find that Vossloh 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 |
Vossloh 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 Vossloh AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vossloh AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vossloh AG stock over time.
Current vs Lagged Prices |
| Timeline |
Vossloh AG Lagged Returns
When evaluating Vossloh AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vossloh AG stock have on its future price. Vossloh 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, Vossloh AG autocorrelation shows the relationship between Vossloh AG stock current value and its past values and can show if there is a momentum factor associated with investing in Vossloh 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.Additional Tools for Vossloh Stock Analysis
When running Vossloh AG's price analysis, check to measure Vossloh 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 Vossloh AG is operating at the current time. Most of Vossloh AG's value examination focuses on studying past and present price action to predict the probability of Vossloh 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 Vossloh AG's price. Additionally, you may evaluate how the addition of Vossloh AG to your portfolios can decrease your overall portfolio volatility.