Muenchener Rueckver Ges Stock Market Value
| MURGY Stock | USD 10.92 0.11 1.02% |
| Symbol | Muenchener |
Muenchener Rueckver '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 Muenchener Rueckver'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 Muenchener Rueckver.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Muenchener Rueckver on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Muenchener Rueckver Ges or generate 0.0% return on investment in Muenchener Rueckver over 30 days. Muenchener Rueckver is related to or competes with Swiss Re, SiriusPoint, Renaissancere Holdings, Maiden Holdings, Greenlight Capital, Reinsurance Group, and Siriuspoint. Mnchener Rckversicherungs-Gesellschaft Aktiengesellschaft in Mnchen engages in the insurance and reinsurance businesses ... More
Muenchener Rueckver 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 Muenchener Rueckver'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 Muenchener Rueckver Ges upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.85 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.06 |
Muenchener Rueckver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Muenchener Rueckver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Muenchener Rueckver's standard deviation. In reality, there are many statistical measures that can use Muenchener Rueckver historical prices to predict the future Muenchener Rueckver's volatility.| Risk Adjusted Performance | 0.0206 | |||
| Jensen Alpha | 0.0071 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0852 |
Muenchener Rueckver Ges Backtested Returns
At this stage we consider Muenchener Pink Sheet to be not too volatile. Muenchener Rueckver Ges has Sharpe Ratio of 0.0132, which conveys that the firm had a 0.0132% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Muenchener Rueckver, which you can use to evaluate the volatility of the firm. Please verify Muenchener Rueckver's Mean Deviation of 1.12, risk adjusted performance of 0.0206, and Downside Deviation of 1.63 to check out if the risk estimate we provide is consistent with the expected return of 0.02%. Muenchener Rueckver has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Muenchener Rueckver's returns are expected to increase less than the market. However, during the bear market, the loss of holding Muenchener Rueckver is expected to be smaller as well. Muenchener Rueckver Ges right now secures a risk of 1.51%. Please verify Muenchener Rueckver Ges sortino ratio, as well as the relationship between the semi variance and rate of daily change , to decide if Muenchener Rueckver Ges will be following its current price movements.
Auto-correlation | 0.28 |
Poor predictability
Muenchener Rueckver Ges has poor predictability. Overlapping area represents the amount of predictability between Muenchener Rueckver time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Muenchener Rueckver Ges price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Muenchener Rueckver price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Muenchener Rueckver Ges lagged returns against current returns
Autocorrelation, which is Muenchener Rueckver 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 Muenchener Rueckver's pink sheet expected returns. We can calculate the autocorrelation of Muenchener Rueckver returns to help us make a trade decision. For example, suppose you find that Muenchener Rueckver 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 |
Muenchener Rueckver 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 Muenchener Rueckver pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Muenchener Rueckver pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Muenchener Rueckver pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Muenchener Rueckver Lagged Returns
When evaluating Muenchener Rueckver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Muenchener Rueckver pink sheet have on its future price. Muenchener Rueckver 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, Muenchener Rueckver autocorrelation shows the relationship between Muenchener Rueckver pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Muenchener Rueckver Ges.
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 Muenchener Pink Sheet Analysis
When running Muenchener Rueckver's price analysis, check to measure Muenchener Rueckver'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 Muenchener Rueckver is operating at the current time. Most of Muenchener Rueckver's value examination focuses on studying past and present price action to predict the probability of Muenchener Rueckver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Muenchener Rueckver's price. Additionally, you may evaluate how the addition of Muenchener Rueckver to your portfolios can decrease your overall portfolio volatility.