Metro AG (Germany) Market Value
| B4B3 Stock | 4.84 0.10 2.02% |
| Symbol | Metro |
Metro AG '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 Metro AG'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 Metro AG.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Metro AG on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Metro AG or generate 0.0% return on investment in Metro AG over 720 days. Metro AG is related to or competes with Sysco, Jernimo Martins, JERONIMO MARTINS, Performance Food, US Foods, Axfood AB, and Metro AG. More
Metro AG 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 Metro AG'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 Metro AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 19.0 | |||
| Value At Risk | (5.61) | |||
| Potential Upside | 5.94 |
Metro AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metro AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metro AG's standard deviation. In reality, there are many statistical measures that can use Metro AG historical prices to predict the future Metro AG's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.36) |
Metro AG Backtested Returns
Metro AG has Sharpe Ratio of -0.0067, which conveys that the firm had a -0.0067% return per unit of risk over the last 3 months. Metro AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metro AG's Risk Adjusted Performance of (0.01), mean deviation of 1.84, and Standard Deviation of 3.14 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Metro AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metro AG is expected to be smaller as well. At this point, Metro AG has a negative expected return of -0.0228%. Please make sure to verify Metro AG's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Metro AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.84 |
Very good predictability
Metro AG has very good predictability. Overlapping area represents the amount of predictability between Metro AG time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 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 Metro AG price movement. The serial correlation of 0.84 indicates that around 84.0% of current Metro AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Metro AG lagged returns against current returns
Autocorrelation, which is Metro AG 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 Metro AG's stock expected returns. We can calculate the autocorrelation of Metro AG returns to help us make a trade decision. For example, suppose you find that Metro AG 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 |
Metro AG 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 Metro AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metro AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metro AG stock over time.
Current vs Lagged Prices |
| Timeline |
Metro AG Lagged Returns
When evaluating Metro AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metro AG stock have on its future price. Metro AG 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, Metro AG autocorrelation shows the relationship between Metro AG stock current value and its past values and can show if there is a momentum factor associated with investing in Metro 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.Other Information on Investing in Metro Stock
Metro AG financial ratios help investors to determine whether Metro 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 Metro with respect to the benefits of owning Metro AG security.