Exor Nv Stock Market Value
| EXXRF Stock | USD 98.77 0.77 0.79% |
| Symbol | Exor |
Exor NV '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 Exor NV's pink sheet 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 Exor NV.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Exor NV on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Exor NV or generate 0.0% return on investment in Exor NV over 30 days. Exor NV is related to or competes with Volkswagen, Ferrari NV, Porsche Automobile, and Stellantis. Exor N.V., together with its subsidiaries, engages in the luxury goods, automotive, agricultural equipment, construction... More
Exor NV 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 Exor NV's pink sheet 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 Exor NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 9.79 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 1.87 |
Exor NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Exor NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Exor NV's standard deviation. In reality, there are many statistical measures that can use Exor NV historical prices to predict the future Exor NV's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.4023 |
Exor NV Backtested Returns
Exor NV secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1% return per unit of risk over the last 3 months. Exor NV exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Exor NV's Standard Deviation of 1.36, mean deviation of 0.7207, and Variance of 1.85 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Exor NV are expected to decrease at a much lower rate. During the bear market, Exor NV is likely to outperform the market. At this point, Exor NV has a negative expected return of -0.14%. Please make sure to confirm Exor NV's variance, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Exor NV performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Exor NV has weak predictability. Overlapping area represents the amount of predictability between Exor NV 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 Exor NV price movement. The serial correlation of 0.23 indicates that over 23.0% of current Exor NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
Exor NV lagged returns against current returns
Autocorrelation, which is Exor NV pink sheet'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 Exor NV's pink sheet expected returns. We can calculate the autocorrelation of Exor NV returns to help us make a trade decision. For example, suppose you find that Exor NV has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Exor NV 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 Exor NV pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Exor NV pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Exor NV pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Exor NV Lagged Returns
When evaluating Exor NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Exor NV pink sheet have on its future price. Exor NV 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, Exor NV autocorrelation shows the relationship between Exor NV pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Exor NV.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Exor Pink Sheet
Exor NV financial ratios help investors to determine whether Exor Pink Sheet 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 Exor with respect to the benefits of owning Exor NV security.