AutoWallis Nyrt (Hungary) Market Value
| AUTOW Stock | 148.00 1.00 0.67% |
| Symbol | AutoWallis |
AutoWallis Nyrt '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 AutoWallis Nyrt'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 AutoWallis Nyrt.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in AutoWallis Nyrt on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding AutoWallis Nyrt or generate 0.0% return on investment in AutoWallis Nyrt over 30 days.
AutoWallis Nyrt 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 AutoWallis Nyrt'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 AutoWallis Nyrt upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 2.05 |
AutoWallis Nyrt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AutoWallis Nyrt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AutoWallis Nyrt's standard deviation. In reality, there are many statistical measures that can use AutoWallis Nyrt historical prices to predict the future AutoWallis Nyrt's volatility.| Risk Adjusted Performance | 0.0215 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.0828 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AutoWallis Nyrt'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.
AutoWallis Nyrt Backtested Returns
At this point, AutoWallis Nyrt is very steady. AutoWallis Nyrt secures Sharpe Ratio (or Efficiency) of 0.0152, which signifies that the company had a 0.0152% return per unit of risk over the last 3 months. We have found thirty technical indicators for AutoWallis Nyrt, which you can use to evaluate the volatility of the firm. Please confirm AutoWallis Nyrt's Downside Deviation of 1.08, mean deviation of 0.817, and Risk Adjusted Performance of 0.0215 to double-check if the risk estimate we provide is consistent with the expected return of 0.016%. AutoWallis Nyrt has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AutoWallis Nyrt's returns are expected to increase less than the market. However, during the bear market, the loss of holding AutoWallis Nyrt is expected to be smaller as well. AutoWallis Nyrt right now shows a risk of 1.05%. Please confirm AutoWallis Nyrt potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if AutoWallis Nyrt will be following its price patterns.
Auto-correlation | -0.39 |
Poor reverse predictability
AutoWallis Nyrt has poor reverse predictability. Overlapping area represents the amount of predictability between AutoWallis Nyrt time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 AutoWallis Nyrt price movement. The serial correlation of -0.39 indicates that just about 39.0% of current AutoWallis Nyrt price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
AutoWallis Nyrt lagged returns against current returns
Autocorrelation, which is AutoWallis Nyrt 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 AutoWallis Nyrt's stock expected returns. We can calculate the autocorrelation of AutoWallis Nyrt returns to help us make a trade decision. For example, suppose you find that AutoWallis Nyrt 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 |
AutoWallis Nyrt 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 AutoWallis Nyrt stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AutoWallis Nyrt stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AutoWallis Nyrt stock over time.
Current vs Lagged Prices |
| Timeline |
AutoWallis Nyrt Lagged Returns
When evaluating AutoWallis Nyrt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AutoWallis Nyrt stock have on its future price. AutoWallis Nyrt 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, AutoWallis Nyrt autocorrelation shows the relationship between AutoWallis Nyrt stock current value and its past values and can show if there is a momentum factor associated with investing in AutoWallis Nyrt.
Regressed Prices |
| Timeline |