AUSTEVOLL SEAFOOD (Germany) Market Value
| Z85 Stock | 8.64 0.04 0.47% |
| Symbol | AUSTEVOLL |
AUSTEVOLL SEAFOOD '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 AUSTEVOLL SEAFOOD'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 AUSTEVOLL SEAFOOD.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in AUSTEVOLL SEAFOOD on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding AUSTEVOLL SEAFOOD or generate 0.0% return on investment in AUSTEVOLL SEAFOOD over 30 days. AUSTEVOLL SEAFOOD is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
AUSTEVOLL SEAFOOD 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 AUSTEVOLL SEAFOOD'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 AUSTEVOLL SEAFOOD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.47 | |||
| Information Ratio | 0.0313 | |||
| Maximum Drawdown | 7.05 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 2.31 |
AUSTEVOLL SEAFOOD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AUSTEVOLL SEAFOOD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AUSTEVOLL SEAFOOD's standard deviation. In reality, there are many statistical measures that can use AUSTEVOLL SEAFOOD historical prices to predict the future AUSTEVOLL SEAFOOD's volatility.| Risk Adjusted Performance | 0.0867 | |||
| Jensen Alpha | 0.0924 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0305 | |||
| Treynor Ratio | 0.2765 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AUSTEVOLL SEAFOOD'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.
AUSTEVOLL SEAFOOD Backtested Returns
Currently, AUSTEVOLL SEAFOOD is not too volatile. AUSTEVOLL SEAFOOD secures Sharpe Ratio (or Efficiency) of 0.0796, which signifies that the company had a 0.0796% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for AUSTEVOLL SEAFOOD, which you can use to evaluate the volatility of the firm. Please confirm AUSTEVOLL SEAFOOD's risk adjusted performance of 0.0867, and Mean Deviation of 1.13 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. AUSTEVOLL SEAFOOD has a performance score of 6 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, AUSTEVOLL SEAFOOD's returns are expected to increase less than the market. However, during the bear market, the loss of holding AUSTEVOLL SEAFOOD is expected to be smaller as well. AUSTEVOLL SEAFOOD currently shows a risk of 1.42%. Please confirm AUSTEVOLL SEAFOOD semi variance, accumulation distribution, and the relationship between the potential upside and skewness , to decide if AUSTEVOLL SEAFOOD will be following its price patterns.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
AUSTEVOLL SEAFOOD has almost perfect reverse predictability. Overlapping area represents the amount of predictability between AUSTEVOLL SEAFOOD 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 AUSTEVOLL SEAFOOD price movement. The serial correlation of -0.71 indicates that around 71.0% of current AUSTEVOLL SEAFOOD price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
AUSTEVOLL SEAFOOD lagged returns against current returns
Autocorrelation, which is AUSTEVOLL SEAFOOD 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 AUSTEVOLL SEAFOOD's stock expected returns. We can calculate the autocorrelation of AUSTEVOLL SEAFOOD returns to help us make a trade decision. For example, suppose you find that AUSTEVOLL SEAFOOD 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 |
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AUSTEVOLL SEAFOOD 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 AUSTEVOLL SEAFOOD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AUSTEVOLL SEAFOOD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AUSTEVOLL SEAFOOD stock over time.
Current vs Lagged Prices |
| Timeline |
AUSTEVOLL SEAFOOD Lagged Returns
When evaluating AUSTEVOLL SEAFOOD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AUSTEVOLL SEAFOOD stock have on its future price. AUSTEVOLL SEAFOOD 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, AUSTEVOLL SEAFOOD autocorrelation shows the relationship between AUSTEVOLL SEAFOOD stock current value and its past values and can show if there is a momentum factor associated with investing in AUSTEVOLL SEAFOOD.
Regressed Prices |
| Timeline |
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Additional Tools for AUSTEVOLL Stock Analysis
When running AUSTEVOLL SEAFOOD's price analysis, check to measure AUSTEVOLL SEAFOOD'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 AUSTEVOLL SEAFOOD is operating at the current time. Most of AUSTEVOLL SEAFOOD's value examination focuses on studying past and present price action to predict the probability of AUSTEVOLL SEAFOOD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AUSTEVOLL SEAFOOD's price. Additionally, you may evaluate how the addition of AUSTEVOLL SEAFOOD to your portfolios can decrease your overall portfolio volatility.