AUSNUTRIA DAIRY (Germany) Market Value
| 6AH Stock | EUR 0.25 0.00 0.00% |
| Symbol | AUSNUTRIA |
AUSNUTRIA DAIRY '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 AUSNUTRIA DAIRY'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 AUSNUTRIA DAIRY.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in AUSNUTRIA DAIRY on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding AUSNUTRIA DAIRY or generate 0.0% return on investment in AUSNUTRIA DAIRY over 360 days. AUSNUTRIA DAIRY is related to or competes with TOTAL GABON, and Walgreens Boots. More
AUSNUTRIA DAIRY 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 AUSNUTRIA DAIRY'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 AUSNUTRIA DAIRY upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0026 | |||
| Maximum Drawdown | 16.89 |
AUSNUTRIA DAIRY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AUSNUTRIA DAIRY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AUSNUTRIA DAIRY's standard deviation. In reality, there are many statistical measures that can use AUSNUTRIA DAIRY historical prices to predict the future AUSNUTRIA DAIRY's volatility.| Risk Adjusted Performance | 0.0646 | |||
| Jensen Alpha | 0.1489 | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (1.02) |
AUSNUTRIA DAIRY Backtested Returns
Currently, AUSNUTRIA DAIRY is out of control. AUSNUTRIA DAIRY secures Sharpe Ratio (or Efficiency) of 0.0774, which signifies that the company had a 0.0774% return per unit of risk over the last 3 months. We have found sixteen technical indicators for AUSNUTRIA DAIRY, which you can use to evaluate the volatility of the firm. Please confirm AUSNUTRIA DAIRY's risk adjusted performance of 0.0646, and Mean Deviation of 0.5244 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. AUSNUTRIA DAIRY has a performance score of 6 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 AUSNUTRIA DAIRY are expected to decrease at a much lower rate. During the bear market, AUSNUTRIA DAIRY is likely to outperform the market. AUSNUTRIA DAIRY currently shows a risk of 1.87%. Please confirm AUSNUTRIA DAIRY treynor ratio and the relationship between the skewness and day typical price , to decide if AUSNUTRIA DAIRY will be following its price patterns.
Auto-correlation | 0.63 |
Good predictability
AUSNUTRIA DAIRY has good predictability. Overlapping area represents the amount of predictability between AUSNUTRIA DAIRY time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 AUSNUTRIA DAIRY price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current AUSNUTRIA DAIRY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AUSNUTRIA DAIRY lagged returns against current returns
Autocorrelation, which is AUSNUTRIA DAIRY 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 AUSNUTRIA DAIRY's stock expected returns. We can calculate the autocorrelation of AUSNUTRIA DAIRY returns to help us make a trade decision. For example, suppose you find that AUSNUTRIA DAIRY 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 |
AUSNUTRIA DAIRY 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 AUSNUTRIA DAIRY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AUSNUTRIA DAIRY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AUSNUTRIA DAIRY stock over time.
Current vs Lagged Prices |
| Timeline |
AUSNUTRIA DAIRY Lagged Returns
When evaluating AUSNUTRIA DAIRY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AUSNUTRIA DAIRY stock have on its future price. AUSNUTRIA DAIRY 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, AUSNUTRIA DAIRY autocorrelation shows the relationship between AUSNUTRIA DAIRY stock current value and its past values and can show if there is a momentum factor associated with investing in AUSNUTRIA DAIRY.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for AUSNUTRIA Stock Analysis
When running AUSNUTRIA DAIRY's price analysis, check to measure AUSNUTRIA DAIRY'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 AUSNUTRIA DAIRY is operating at the current time. Most of AUSNUTRIA DAIRY's value examination focuses on studying past and present price action to predict the probability of AUSNUTRIA DAIRY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AUSNUTRIA DAIRY's price. Additionally, you may evaluate how the addition of AUSNUTRIA DAIRY to your portfolios can decrease your overall portfolio volatility.