Yara International (Norway) Market Value
| YAR Stock | NOK 313.60 3.50 1.10% |
| Symbol | Yara |
Yara International '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 Yara International'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 Yara International.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Yara International on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Yara International ASA or generate 0.0% return on investment in Yara International over 30 days. Yara International is related to or competes with Telenor ASA, Orkla ASA, DnB ASA, Storebrand ASA, and Equinor ASA. Yara International ASA provides environmental and industrial solutions in Norway and internationally More
Yara International 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 Yara International'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 Yara International ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.13 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.38 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 1.98 |
Yara International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yara International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yara International's standard deviation. In reality, there are many statistical measures that can use Yara International historical prices to predict the future Yara International's volatility.| Risk Adjusted Performance | 0.0417 | |||
| Jensen Alpha | 0.0144 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1346 |
Yara International ASA Backtested Returns
As of now, Yara Stock is very steady. Yara International ASA shows Sharpe Ratio of 0.0289, which attests that the company had a 0.0289% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Yara International ASA, which you can use to evaluate the volatility of the company. Please check out Yara International's Downside Deviation of 1.13, mean deviation of 1.02, and Market Risk Adjusted Performance of 0.1446 to validate if the risk estimate we provide is consistent with the expected return of 0.0384%. Yara International has a performance score of 2 on a scale of 0 to 100. The firm maintains a market beta of 0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yara International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yara International is expected to be smaller as well. Yara International ASA right now maintains a risk of 1.33%. Please check out Yara International ASA value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to decide if Yara International ASA will be following its historical returns.
Auto-correlation | -0.23 |
Weak reverse predictability
Yara International ASA has weak reverse predictability. Overlapping area represents the amount of predictability between Yara International time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 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 Yara International ASA price movement. The serial correlation of -0.23 indicates that over 23.0% of current Yara International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 23.89 |
Yara International ASA lagged returns against current returns
Autocorrelation, which is Yara International 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 Yara International's stock expected returns. We can calculate the autocorrelation of Yara International returns to help us make a trade decision. For example, suppose you find that Yara International 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 |
Yara International 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 Yara International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yara International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yara International stock over time.
Current vs Lagged Prices |
| Timeline |
Yara International Lagged Returns
When evaluating Yara International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yara International stock have on its future price. Yara International 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, Yara International autocorrelation shows the relationship between Yara International stock current value and its past values and can show if there is a momentum factor associated with investing in Yara International ASA.
Regressed Prices |
| Timeline |
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Yara International financial ratios help investors to determine whether Yara 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 Yara with respect to the benefits of owning Yara International security.