ABOUT YOU (Germany) Market Value
| YOU Stock | 3.26 0.02 0.62% |
| Symbol | ABOUT |
ABOUT YOU '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 ABOUT YOU'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 ABOUT YOU.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in ABOUT YOU on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding ABOUT YOU Holding or generate 0.0% return on investment in ABOUT YOU over 720 days. ABOUT YOU is related to or competes with Datadog, SPORTING, TERADATA, NTG Nordic, DICKS Sporting, and Fidelity National. More
ABOUT YOU 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 ABOUT YOU'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 ABOUT YOU Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.41 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.81 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 4.69 |
ABOUT YOU Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ABOUT YOU's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ABOUT YOU's standard deviation. In reality, there are many statistical measures that can use ABOUT YOU historical prices to predict the future ABOUT YOU's volatility.| Risk Adjusted Performance | 0.0339 | |||
| Jensen Alpha | 0.0136 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1469 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ABOUT YOU'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.
ABOUT YOU Holding Backtested Returns
Currently, ABOUT YOU Holding is relatively risky. ABOUT YOU Holding secures Sharpe Ratio (or Efficiency) of 0.0566, which signifies that the company had a 0.0566% return per unit of risk over the last 3 months. We have found thirty technical indicators for ABOUT YOU Holding, which you can use to evaluate the volatility of the entity. Please confirm ABOUT YOU's Mean Deviation of 1.92, semi deviation of 2.28, and Coefficient Of Variation of 2842.55 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. ABOUT YOU has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ABOUT YOU's returns are expected to increase less than the market. However, during the bear market, the loss of holding ABOUT YOU is expected to be smaller as well. ABOUT YOU Holding at this time shows a risk of 2.47%. Please confirm ABOUT YOU Holding potential upside, as well as the relationship between the kurtosis and day typical price , to decide if ABOUT YOU Holding will be following its price patterns.
Auto-correlation | 0.17 |
Very weak predictability
ABOUT YOU Holding has very weak predictability. Overlapping area represents the amount of predictability between ABOUT YOU time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 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 ABOUT YOU Holding price movement. The serial correlation of 0.17 indicates that over 17.0% of current ABOUT YOU price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
ABOUT YOU Holding lagged returns against current returns
Autocorrelation, which is ABOUT YOU 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 ABOUT YOU's stock expected returns. We can calculate the autocorrelation of ABOUT YOU returns to help us make a trade decision. For example, suppose you find that ABOUT YOU 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 |
ABOUT YOU 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 ABOUT YOU stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ABOUT YOU stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ABOUT YOU stock over time.
Current vs Lagged Prices |
| Timeline |
ABOUT YOU Lagged Returns
When evaluating ABOUT YOU's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ABOUT YOU stock have on its future price. ABOUT YOU 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, ABOUT YOU autocorrelation shows the relationship between ABOUT YOU stock current value and its past values and can show if there is a momentum factor associated with investing in ABOUT YOU Holding.
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 ABOUT Stock Analysis
When running ABOUT YOU's price analysis, check to measure ABOUT YOU'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 ABOUT YOU is operating at the current time. Most of ABOUT YOU's value examination focuses on studying past and present price action to predict the probability of ABOUT YOU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABOUT YOU's price. Additionally, you may evaluate how the addition of ABOUT YOU to your portfolios can decrease your overall portfolio volatility.