ARIS MNGCORP (Germany) Market Value
| ZP1 Stock | 3.85 0.14 3.51% |
| Symbol | ARIS |
ARIS MNGCORP '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 ARIS MNGCORP'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 ARIS MNGCORP.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in ARIS MNGCORP on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding ARIS MNGCORP or generate 0.0% return on investment in ARIS MNGCORP over 30 days. ARIS MNGCORP is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. More
ARIS MNGCORP 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 ARIS MNGCORP'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 ARIS MNGCORP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.09 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 24.02 | |||
| Value At Risk | (5.09) | |||
| Potential Upside | 5.7 |
ARIS MNGCORP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARIS MNGCORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ARIS MNGCORP's standard deviation. In reality, there are many statistical measures that can use ARIS MNGCORP historical prices to predict the future ARIS MNGCORP's volatility.| Risk Adjusted Performance | 0.0109 | |||
| Jensen Alpha | 0.02 | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.03) |
ARIS MNGCORP Backtested Returns
At this point, ARIS MNGCORP is unstable. ARIS MNGCORP secures Sharpe Ratio (or Efficiency) of 0.0143, which signifies that the company had a 0.0143% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for ARIS MNGCORP, which you can use to evaluate the volatility of the firm. Please confirm ARIS MNGCORP's Semi Deviation of 2.8, mean deviation of 2.6, and Risk Adjusted Performance of 0.0109 to double-check if the risk estimate we provide is consistent with the expected return of 0.0531%. ARIS MNGCORP has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ARIS MNGCORP are expected to decrease at a much lower rate. During the bear market, ARIS MNGCORP is likely to outperform the market. ARIS MNGCORP now shows a risk of 3.72%. Please confirm ARIS MNGCORP sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if ARIS MNGCORP will be following its price patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
ARIS MNGCORP has very good reverse predictability. Overlapping area represents the amount of predictability between ARIS MNGCORP time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 ARIS MNGCORP price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current ARIS MNGCORP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
ARIS MNGCORP lagged returns against current returns
Autocorrelation, which is ARIS MNGCORP 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 ARIS MNGCORP's stock expected returns. We can calculate the autocorrelation of ARIS MNGCORP returns to help us make a trade decision. For example, suppose you find that ARIS MNGCORP 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 |
ARIS MNGCORP 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 ARIS MNGCORP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ARIS MNGCORP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ARIS MNGCORP stock over time.
Current vs Lagged Prices |
| Timeline |
ARIS MNGCORP Lagged Returns
When evaluating ARIS MNGCORP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ARIS MNGCORP stock have on its future price. ARIS MNGCORP 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, ARIS MNGCORP autocorrelation shows the relationship between ARIS MNGCORP stock current value and its past values and can show if there is a momentum factor associated with investing in ARIS MNGCORP.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ARIS Stock
ARIS MNGCORP financial ratios help investors to determine whether ARIS 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 ARIS with respect to the benefits of owning ARIS MNGCORP security.