USWE SPORTS (Germany) Market Value
| 9GY Stock | 0.76 0.01 1.30% |
| Symbol | USWE |
USWE SPORTS '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 USWE SPORTS'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 USWE SPORTS.
| 12/05/2023 |
| 11/29/2024 |
If you would invest 0.00 in USWE SPORTS on December 5, 2023 and sell it all today you would earn a total of 0.00 from holding USWE SPORTS AB or generate 0.0% return on investment in USWE SPORTS over 360 days. USWE SPORTS is related to or competes with Li Ning, Trip Group, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and NorAm Drilling. More
USWE SPORTS 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 USWE SPORTS'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 USWE SPORTS AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.36 | |||
| Information Ratio | 0.0972 | |||
| Maximum Drawdown | 21.3 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 5.26 |
USWE SPORTS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for USWE SPORTS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as USWE SPORTS's standard deviation. In reality, there are many statistical measures that can use USWE SPORTS historical prices to predict the future USWE SPORTS's volatility.| Risk Adjusted Performance | 0.1126 | |||
| Jensen Alpha | 0.4612 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1295 | |||
| Treynor Ratio | (1.19) |
USWE SPORTS AB Backtested Returns
USWE SPORTS appears to be extremely dangerous, given 3 months investment horizon. USWE SPORTS AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for USWE SPORTS AB, which you can use to evaluate the volatility of the company. Please review USWE SPORTS's Risk Adjusted Performance of 0.1126, semi deviation of 1.47, and Coefficient Of Variation of 729.18 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, USWE SPORTS holds a performance score of 11. The entity has a beta of -0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning USWE SPORTS are expected to decrease at a much lower rate. During the bear market, USWE SPORTS is likely to outperform the market. Please check USWE SPORTS's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether USWE SPORTS's existing price patterns will revert.
Auto-correlation | 0.69 |
Good predictability
USWE SPORTS AB has good predictability. Overlapping area represents the amount of predictability between USWE SPORTS time series from 5th of December 2023 to 2nd of June 2024 and 2nd of June 2024 to 29th 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 USWE SPORTS AB price movement. The serial correlation of 0.69 indicates that around 69.0% of current USWE SPORTS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
USWE SPORTS AB lagged returns against current returns
Autocorrelation, which is USWE SPORTS 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 USWE SPORTS's stock expected returns. We can calculate the autocorrelation of USWE SPORTS returns to help us make a trade decision. For example, suppose you find that USWE SPORTS 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 |
USWE SPORTS 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 USWE SPORTS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if USWE SPORTS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in USWE SPORTS stock over time.
Current vs Lagged Prices |
| Timeline |
USWE SPORTS Lagged Returns
When evaluating USWE SPORTS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of USWE SPORTS stock have on its future price. USWE SPORTS 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, USWE SPORTS autocorrelation shows the relationship between USWE SPORTS stock current value and its past values and can show if there is a momentum factor associated with investing in USWE SPORTS AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in USWE Stock
USWE SPORTS financial ratios help investors to determine whether USWE 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 USWE with respect to the benefits of owning USWE SPORTS security.