ALLIANZ SE (Germany) Market Value

ALVE Stock  EUR 29.00  0.40  1.36%   
ALLIANZ SE's market value is the price at which a share of ALLIANZ SE trades on a public exchange. It measures the collective expectations of ALLIANZ SE UNSPADR investors about its performance. ALLIANZ SE is trading at 29.00 as of the 23rd of December 2024. This is a 1.36% down since the beginning of the trading day. The stock's lowest day price was 29.0.
With this module, you can estimate the performance of a buy and hold strategy of ALLIANZ SE UNSPADR and determine expected loss or profit from investing in ALLIANZ SE over a given investment horizon. Check out ALLIANZ SE Correlation, ALLIANZ SE Volatility and ALLIANZ SE Alpha and Beta module to complement your research on ALLIANZ SE.
Symbol

Please note, there is a significant difference between ALLIANZ SE's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALLIANZ SE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALLIANZ SE'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.

ALLIANZ SE '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 ALLIANZ SE'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 ALLIANZ SE.
0.00
08/01/2023
No Change 0.00  0.0 
In 1 year 4 months and 25 days
12/23/2024
0.00
If you would invest  0.00  in ALLIANZ SE on August 1, 2023 and sell it all today you would earn a total of 0.00 from holding ALLIANZ SE UNSPADR or generate 0.0% return on investment in ALLIANZ SE over 510 days. ALLIANZ SE is related to or competes with Allianz SE, AXA SA, ASSGENERALI ADR, Principal Financial, Equitable Holdings, and NN Group. Allianz SE, together with its subsidiaries, provides property-casualty insurance, lifehealth insurance, and asset manage... More

ALLIANZ SE 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 ALLIANZ SE'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 ALLIANZ SE UNSPADR upside and downside potential and time the market with a certain degree of confidence.

ALLIANZ SE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ALLIANZ SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ALLIANZ SE's standard deviation. In reality, there are many statistical measures that can use ALLIANZ SE historical prices to predict the future ALLIANZ SE's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ALLIANZ SE'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.
Hype
Prediction
LowEstimatedHigh
27.4929.0030.51
Details
Intrinsic
Valuation
LowRealHigh
23.8525.3631.90
Details

ALLIANZ SE UNSPADR Backtested Returns

At this point, ALLIANZ SE is very steady. ALLIANZ SE UNSPADR secures Sharpe Ratio (or Efficiency) of 0.0075, which signifies that the company had a 0.0075% return per unit of return volatility over the last 3 months. We have found twenty-one technical indicators for ALLIANZ SE UNSPADR, which you can use to evaluate the volatility of the firm. Please confirm ALLIANZ SE's Risk Adjusted Performance of (0.01), coefficient of variation of (4,083), and Mean Deviation of 1.07 to double-check if the risk estimate we provide is consistent with the expected return of 0.0113%. The firm shows a Beta (market volatility) of 0.0269, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ALLIANZ SE's returns are expected to increase less than the market. However, during the bear market, the loss of holding ALLIANZ SE is expected to be smaller as well. ALLIANZ SE UNSPADR now shows a risk of 1.52%. Please confirm ALLIANZ SE UNSPADR jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if ALLIANZ SE UNSPADR will be following its price patterns.

Auto-correlation

    
  0.83  

Very good predictability

ALLIANZ SE UNSPADR has very good predictability. Overlapping area represents the amount of predictability between ALLIANZ SE time series from 1st of August 2023 to 12th of April 2024 and 12th of April 2024 to 23rd 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 ALLIANZ SE UNSPADR price movement. The serial correlation of 0.83 indicates that around 83.0% of current ALLIANZ SE price fluctuation can be explain by its past prices.
Correlation Coefficient0.83
Spearman Rank Test0.8
Residual Average0.0
Price Variance2.98

ALLIANZ SE UNSPADR lagged returns against current returns

Autocorrelation, which is ALLIANZ SE 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 ALLIANZ SE's stock expected returns. We can calculate the autocorrelation of ALLIANZ SE returns to help us make a trade decision. For example, suppose you find that ALLIANZ SE 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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ALLIANZ SE 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 ALLIANZ SE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ALLIANZ SE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ALLIANZ SE stock over time.
   Current vs Lagged Prices   
       Timeline  

ALLIANZ SE Lagged Returns

When evaluating ALLIANZ SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ALLIANZ SE stock have on its future price. ALLIANZ SE 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, ALLIANZ SE autocorrelation shows the relationship between ALLIANZ SE stock current value and its past values and can show if there is a momentum factor associated with investing in ALLIANZ SE UNSPADR.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in ALLIANZ Stock

ALLIANZ SE financial ratios help investors to determine whether ALLIANZ 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 ALLIANZ with respect to the benefits of owning ALLIANZ SE security.