Volkswagen's market value is the price at which a share of Volkswagen trades on a public exchange. It measures the collective expectations of Volkswagen AG investors about its performance. Volkswagen is trading at 84.10 as of the 25th of November 2024, a 0.78 percent increase since the beginning of the trading day. The stock's lowest day price was 84.1. With this module, you can estimate the performance of a buy and hold strategy of Volkswagen AG and determine expected loss or profit from investing in Volkswagen over a given investment horizon. Check out Volkswagen Correlation, Volkswagen Volatility and Volkswagen Alpha and Beta module to complement your research on Volkswagen.
Please note, there is a significant difference between Volkswagen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Volkswagen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Volkswagen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Volkswagen '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 Volkswagen'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 Volkswagen.
0.00
10/26/2024
No Change 0.00
0.0
In 31 days
11/25/2024
0.00
If you would invest 0.00 in Volkswagen on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Volkswagen AG or generate 0.0% return on investment in Volkswagen over 30 days. Volkswagen is related to or competes with Apple, Apple, Apple, Microsoft, and Microsoft. More
Volkswagen 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 Volkswagen'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 Volkswagen AG upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Volkswagen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Volkswagen's standard deviation. In reality, there are many statistical measures that can use Volkswagen historical prices to predict the future Volkswagen's volatility.
Volkswagen AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21% return per unit of risk over the last 3 months. Volkswagen AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Volkswagen's Coefficient Of Variation of (527.99), variance of 2.74, and Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide. The entity has a beta of -0.0221, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Volkswagen are expected to decrease at a much lower rate. During the bear market, Volkswagen is likely to outperform the market. At this point, Volkswagen AG has a negative expected return of -0.34%. Please make sure to validate Volkswagen's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Volkswagen AG performance from the past will be repeated at some point in the near future.
Auto-correlation
0.91
Excellent predictability
Volkswagen AG has excellent predictability. Overlapping area represents the amount of predictability between Volkswagen time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Volkswagen AG price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Volkswagen price fluctuation can be explain by its past prices.
Correlation Coefficient
0.91
Spearman Rank Test
0.92
Residual Average
0.0
Price Variance
1.5
Volkswagen AG lagged returns against current returns
Autocorrelation, which is Volkswagen 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 Volkswagen's stock expected returns. We can calculate the autocorrelation of Volkswagen returns to help us make a trade decision. For example, suppose you find that Volkswagen 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
Volkswagen 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 Volkswagen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Volkswagen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Volkswagen stock over time.
Current vs Lagged Prices
Timeline
Volkswagen Lagged Returns
When evaluating Volkswagen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Volkswagen stock have on its future price. Volkswagen 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, Volkswagen autocorrelation shows the relationship between Volkswagen stock current value and its past values and can show if there is a momentum factor associated with investing in Volkswagen 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 Volkswagen Stock
Volkswagen financial ratios help investors to determine whether Volkswagen 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 Volkswagen with respect to the benefits of owning Volkswagen security.