Rosenbauer International (Austria) Market Value
| ROS Stock | EUR 34.50 0.80 2.27% |
| Symbol | Rosenbauer |
Rosenbauer International '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 Rosenbauer International'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 Rosenbauer International.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Rosenbauer International on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Rosenbauer International AG or generate 0.0% return on investment in Rosenbauer International over 30 days. Rosenbauer International is related to or competes with Palfinger, Voestalpine, Kapsch Traffic, Zumtobel Group, and Andritz AG. More
Rosenbauer International 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 Rosenbauer International'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 Rosenbauer International AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.18 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.29 |
Rosenbauer International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rosenbauer International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rosenbauer International's standard deviation. In reality, there are many statistical measures that can use Rosenbauer International historical prices to predict the future Rosenbauer International's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.456 |
Rosenbauer International Backtested Returns
Rosenbauer International maintains Sharpe Ratio (i.e., Efficiency) of -0.0676, which implies the firm had a -0.0676% return per unit of risk over the last 3 months. Rosenbauer International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rosenbauer International's Risk Adjusted Performance of (0.05), coefficient of variation of (1,420), and Variance of 2.02 to confirm the risk estimate we provide. The company holds a Beta of -0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rosenbauer International are expected to decrease at a much lower rate. During the bear market, Rosenbauer International is likely to outperform the market. At this point, Rosenbauer International has a negative expected return of -0.096%. Please make sure to check Rosenbauer International's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Rosenbauer International performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.22 |
Weak reverse predictability
Rosenbauer International AG has weak reverse predictability. Overlapping area represents the amount of predictability between Rosenbauer International time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Rosenbauer International price movement. The serial correlation of -0.22 indicates that over 22.0% of current Rosenbauer International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Rosenbauer International lagged returns against current returns
Autocorrelation, which is Rosenbauer International 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 Rosenbauer International's stock expected returns. We can calculate the autocorrelation of Rosenbauer International returns to help us make a trade decision. For example, suppose you find that Rosenbauer International 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 |
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Rosenbauer International 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 Rosenbauer International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rosenbauer International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rosenbauer International stock over time.
Current vs Lagged Prices |
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Rosenbauer International Lagged Returns
When evaluating Rosenbauer International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rosenbauer International stock have on its future price. Rosenbauer International 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, Rosenbauer International autocorrelation shows the relationship between Rosenbauer International stock current value and its past values and can show if there is a momentum factor associated with investing in Rosenbauer International AG.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Rosenbauer Stock
Rosenbauer International financial ratios help investors to determine whether Rosenbauer 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 Rosenbauer with respect to the benefits of owning Rosenbauer International security.