Autoneum Holding (Switzerland) Market Value
| AUTN Stock | CHF 113.80 1.40 1.25% |
| Symbol | Autoneum |
Autoneum Holding '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 Autoneum Holding'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 Autoneum Holding.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Autoneum Holding on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Autoneum Holding AG or generate 0.0% return on investment in Autoneum Holding over 30 days. Autoneum Holding is related to or competes with Rieter Holding, Comet Holding, VAT Group, Bossard Holding, and Komax Holding. Autoneum Holding AG develops and manufactures acoustic and thermal management solutions for the automotive market More
Autoneum Holding 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 Autoneum Holding'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 Autoneum Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.04 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 3.69 |
Autoneum Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Autoneum Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Autoneum Holding's standard deviation. In reality, there are many statistical measures that can use Autoneum Holding historical prices to predict the future Autoneum Holding's volatility.| Risk Adjusted Performance | 0.0046 | |||
| Jensen Alpha | 0.0221 | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.0338 |
Autoneum Holding Backtested Returns
At this stage we consider Autoneum Stock to be very steady. Autoneum Holding secures Sharpe Ratio (or Efficiency) of 0.0193, which signifies that the company had a 0.0193% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Autoneum Holding AG, which you can use to evaluate the volatility of the firm. Please confirm Autoneum Holding's Mean Deviation of 1.3, standard deviation of 1.77, and Risk Adjusted Performance of 0.0046 to double-check if the risk estimate we provide is consistent with the expected return of 0.0336%. Autoneum Holding has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Autoneum Holding are expected to decrease at a much lower rate. During the bear market, Autoneum Holding is likely to outperform the market. Autoneum Holding right now shows a risk of 1.74%. Please confirm Autoneum Holding maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Autoneum Holding will be following its price patterns.
Auto-correlation | -0.6 |
Good reverse predictability
Autoneum Holding AG has good reverse predictability. Overlapping area represents the amount of predictability between Autoneum Holding time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Autoneum Holding price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Autoneum Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 15.19 |
Autoneum Holding lagged returns against current returns
Autocorrelation, which is Autoneum Holding 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 Autoneum Holding's stock expected returns. We can calculate the autocorrelation of Autoneum Holding returns to help us make a trade decision. For example, suppose you find that Autoneum Holding 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 |
Autoneum Holding 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 Autoneum Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Autoneum Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Autoneum Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Autoneum Holding Lagged Returns
When evaluating Autoneum Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Autoneum Holding stock have on its future price. Autoneum Holding 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, Autoneum Holding autocorrelation shows the relationship between Autoneum Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Autoneum Holding AG.
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.Additional Tools for Autoneum Stock Analysis
When running Autoneum Holding's price analysis, check to measure Autoneum Holding'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 Autoneum Holding is operating at the current time. Most of Autoneum Holding's value examination focuses on studying past and present price action to predict the probability of Autoneum Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autoneum Holding's price. Additionally, you may evaluate how the addition of Autoneum Holding to your portfolios can decrease your overall portfolio volatility.