Equitable Holdings (Germany) Market Value
| AXJ Stock | EUR 42.20 0.40 0.94% |
| Symbol | Equitable |
Equitable Holdings '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 Equitable Holdings' 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 Equitable Holdings.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Equitable Holdings on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Equitable Holdings or generate 0.0% return on investment in Equitable Holdings over 180 days. Equitable Holdings is related to or competes with Allianz SE, ALLIANZ SE, AXA SA, ASSGENERALI ADR, Principal Financial, NN Group, and ENSTAR GROUP. Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services comp... More
Equitable Holdings 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 Equitable Holdings' 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 Equitable Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.1018 | |||
| Maximum Drawdown | 15.91 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 2.77 |
Equitable Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equitable Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Equitable Holdings' standard deviation. In reality, there are many statistical measures that can use Equitable Holdings historical prices to predict the future Equitable Holdings' volatility.| Risk Adjusted Performance | 0.0995 | |||
| Jensen Alpha | 0.2277 | |||
| Total Risk Alpha | 0.169 | |||
| Sortino Ratio | 0.1394 | |||
| Treynor Ratio | (1.72) |
Equitable Holdings Backtested Returns
Equitable Holdings appears to be very steady, given 3 months investment horizon. Equitable Holdings secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Equitable Holdings, which you can use to evaluate the volatility of the firm. Please utilize Equitable Holdings' Mean Deviation of 1.21, downside deviation of 1.45, and Coefficient Of Variation of 847.5 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Equitable Holdings holds a performance score of 8. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Equitable Holdings are expected to decrease at a much lower rate. During the bear market, Equitable Holdings is likely to outperform the market. Please check Equitable Holdings' potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Equitable Holdings' price patterns will revert.
Auto-correlation | -0.39 |
Poor reverse predictability
Equitable Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Equitable Holdings time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 Equitable Holdings price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Equitable Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 8.27 |
Equitable Holdings lagged returns against current returns
Autocorrelation, which is Equitable Holdings 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 Equitable Holdings' stock expected returns. We can calculate the autocorrelation of Equitable Holdings returns to help us make a trade decision. For example, suppose you find that Equitable Holdings 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 |
Equitable Holdings 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 Equitable Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Equitable Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Equitable Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Equitable Holdings Lagged Returns
When evaluating Equitable Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Equitable Holdings stock have on its future price. Equitable Holdings 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, Equitable Holdings autocorrelation shows the relationship between Equitable Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Equitable Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Equitable Stock
Equitable Holdings financial ratios help investors to determine whether Equitable 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 Equitable with respect to the benefits of owning Equitable Holdings security.