VOLKSWAGEN ADR (Germany) Market Value
| VOWA Stock | 8.30 0.30 3.75% |
| Symbol | VOLKSWAGEN |
VOLKSWAGEN ADR '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 ADR'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 ADR.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in VOLKSWAGEN ADR on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding VOLKSWAGEN ADR 110ON or generate 0.0% return on investment in VOLKSWAGEN ADR over 540 days. VOLKSWAGEN ADR is related to or competes with ECHO INVESTMENT, MOLSON COORS, PREMIER FOODS, MGIC INVESTMENT, Performance Food, INDOFOOD AGRI, and Virtus Investment. More
VOLKSWAGEN ADR 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 ADR'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 ADR 110ON upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 9.46 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 3.13 |
VOLKSWAGEN ADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VOLKSWAGEN ADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VOLKSWAGEN ADR's standard deviation. In reality, there are many statistical measures that can use VOLKSWAGEN ADR historical prices to predict the future VOLKSWAGEN ADR's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 1.26 |
VOLKSWAGEN ADR 110ON Backtested Returns
VOLKSWAGEN ADR 110ON owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of standard deviation over the last 3 months. VOLKSWAGEN ADR 110ON exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VOLKSWAGEN ADR's variance of 4.45, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VOLKSWAGEN ADR are expected to decrease at a much lower rate. During the bear market, VOLKSWAGEN ADR is likely to outperform the market. At this point, VOLKSWAGEN ADR 110ON has a negative expected return of -0.26%. Please make sure to validate VOLKSWAGEN ADR's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if VOLKSWAGEN ADR 110ON performance from the past will be repeated at some future point.
Auto-correlation | 0.52 |
Modest predictability
VOLKSWAGEN ADR 110ON has modest predictability. Overlapping area represents the amount of predictability between VOLKSWAGEN ADR time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 ADR 110ON price movement. The serial correlation of 0.52 indicates that about 52.0% of current VOLKSWAGEN ADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 2.64 |
VOLKSWAGEN ADR 110ON lagged returns against current returns
Autocorrelation, which is VOLKSWAGEN ADR 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 ADR's stock expected returns. We can calculate the autocorrelation of VOLKSWAGEN ADR returns to help us make a trade decision. For example, suppose you find that VOLKSWAGEN ADR 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 ADR 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 ADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VOLKSWAGEN ADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VOLKSWAGEN ADR stock over time.
Current vs Lagged Prices |
| Timeline |
VOLKSWAGEN ADR Lagged Returns
When evaluating VOLKSWAGEN ADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VOLKSWAGEN ADR stock have on its future price. VOLKSWAGEN ADR 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 ADR autocorrelation shows the relationship between VOLKSWAGEN ADR stock current value and its past values and can show if there is a momentum factor associated with investing in VOLKSWAGEN ADR 110ON.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in VOLKSWAGEN Stock
VOLKSWAGEN ADR 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 ADR security.