AGR GROUP (Germany) Market Value
| 3AG1 Stock | EUR 1.21 0.01 0.82% |
| Symbol | AGR |
Please note, there is a significant difference between AGR GROUP's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGR GROUP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGR GROUP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
AGR GROUP '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 AGR GROUP'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 AGR GROUP.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in AGR GROUP on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding AGR GROUP A or generate 0.0% return on investment in AGR GROUP over 30 days. AGR GROUP is related to or competes with Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. More
AGR GROUP 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 AGR GROUP'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 AGR GROUP A upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 6.72 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 2.5 |
AGR GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGR GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGR GROUP's standard deviation. In reality, there are many statistical measures that can use AGR GROUP historical prices to predict the future AGR GROUP's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.42) |
AGR GROUP A Backtested Returns
AGR GROUP A secures Sharpe Ratio (or Efficiency) of -0.0105, which signifies that the company had a -0.0105% return per unit of risk over the last 3 months. AGR GROUP A exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AGR GROUP's risk adjusted performance of (0.02), and Mean Deviation of 1.1 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AGR GROUP's returns are expected to increase less than the market. However, during the bear market, the loss of holding AGR GROUP is expected to be smaller as well. At this point, AGR GROUP A has a negative expected return of -0.0152%. Please make sure to confirm AGR GROUP's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if AGR GROUP A performance from the past will be repeated in the future.
Auto-correlation | -0.49 |
Modest reverse predictability
AGR GROUP A has modest reverse predictability. Overlapping area represents the amount of predictability between AGR GROUP time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 AGR GROUP A price movement. The serial correlation of -0.49 indicates that about 49.0% of current AGR GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AGR GROUP A lagged returns against current returns
Autocorrelation, which is AGR GROUP 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 AGR GROUP's stock expected returns. We can calculate the autocorrelation of AGR GROUP returns to help us make a trade decision. For example, suppose you find that AGR GROUP 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 |
AGR GROUP 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 AGR GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGR GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGR GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
AGR GROUP Lagged Returns
When evaluating AGR GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGR GROUP stock have on its future price. AGR GROUP 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, AGR GROUP autocorrelation shows the relationship between AGR GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in AGR GROUP A .
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.Other Information on Investing in AGR Stock
AGR GROUP financial ratios help investors to determine whether AGR 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 AGR with respect to the benefits of owning AGR GROUP security.