Sino AG (Germany) Market Value
| XTP Stock | EUR 63.50 1.50 2.31% |
| Symbol | Sino |
Sino 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 Sino 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 Sino AG.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Sino AG on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Sino AG or generate 0.0% return on investment in Sino AG over 180 days. Sino AG is related to or competes with Morgan Stanley, Goldman Sachs, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and NorAm Drilling. Sino AG provides online stock exchange trading services in Germany More
Sino 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 Sino 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 Sino AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.14 | |||
| Information Ratio | 0.0464 | |||
| Maximum Drawdown | 9.61 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 4.2 |
Sino AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sino AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sino AG's standard deviation. In reality, there are many statistical measures that can use Sino AG historical prices to predict the future Sino AG's volatility.| Risk Adjusted Performance | 0.0882 | |||
| Jensen Alpha | 0.2085 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0494 | |||
| Treynor Ratio | 1.2 |
Sino AG Backtested Returns
Sino AG appears to be very steady, given 3 months investment horizon. Sino AG owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sino AG, which you can use to evaluate the volatility of the company. Please review Sino AG's Semi Deviation of 1.71, coefficient of variation of 936.88, and Risk Adjusted Performance of 0.0882 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sino AG holds a performance score of 9. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sino AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sino AG is expected to be smaller as well. Please check Sino AG's potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Sino AG's existing price patterns will revert.
Auto-correlation | 0.15 |
Insignificant predictability
Sino AG has insignificant predictability. Overlapping area represents the amount of predictability between Sino AG time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Sino AG price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Sino AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 13.39 |
Sino AG lagged returns against current returns
Autocorrelation, which is Sino 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 Sino AG's stock expected returns. We can calculate the autocorrelation of Sino AG returns to help us make a trade decision. For example, suppose you find that Sino 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 |
Sino 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 Sino AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sino AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sino AG stock over time.
Current vs Lagged Prices |
| Timeline |
Sino AG Lagged Returns
When evaluating Sino AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sino AG stock have on its future price. Sino 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, Sino AG autocorrelation shows the relationship between Sino AG stock current value and its past values and can show if there is a momentum factor associated with investing in Sino AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sino Stock
Sino AG financial ratios help investors to determine whether Sino 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 Sino with respect to the benefits of owning Sino AG security.