AutoNation (Germany) Market Value
| RWI Stock | EUR 162.30 2.65 1.66% |
| Symbol | AutoNation |
AutoNation '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 AutoNation'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 AutoNation.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in AutoNation on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding AutoNation or generate 0.0% return on investment in AutoNation over 720 days. AutoNation is related to or competes with Copart, Zhongsheng Group, CarMax, DIeteren Group, Penske Automotive, Lithia Motors, and AutoNation. AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States More
AutoNation 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 AutoNation'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 AutoNation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.0057 | |||
| Maximum Drawdown | 7.0 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 3.48 |
AutoNation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AutoNation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AutoNation's standard deviation. In reality, there are many statistical measures that can use AutoNation historical prices to predict the future AutoNation's volatility.| Risk Adjusted Performance | 0.0249 | |||
| Jensen Alpha | 0.0043 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0062 | |||
| Treynor Ratio | 0.0257 |
AutoNation Backtested Returns
At this point, AutoNation is very steady. AutoNation secures Sharpe Ratio (or Efficiency) of 0.0422, which signifies that the company had a 0.0422% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for AutoNation, which you can use to evaluate the volatility of the firm. Please confirm AutoNation's Mean Deviation of 1.3, downside deviation of 1.58, and Risk Adjusted Performance of 0.0249 to double-check if the risk estimate we provide is consistent with the expected return of 0.0709%. AutoNation has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.25, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AutoNation will likely underperform. AutoNation right now shows a risk of 1.68%. Please confirm AutoNation maximum drawdown, semi variance, daily balance of power, as well as the relationship between the potential upside and skewness , to decide if AutoNation will be following its price patterns.
Auto-correlation | 0.44 |
Average predictability
AutoNation has average predictability. Overlapping area represents the amount of predictability between AutoNation 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 AutoNation price movement. The serial correlation of 0.44 indicates that just about 44.0% of current AutoNation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 126.07 |
AutoNation lagged returns against current returns
Autocorrelation, which is AutoNation 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 AutoNation's stock expected returns. We can calculate the autocorrelation of AutoNation returns to help us make a trade decision. For example, suppose you find that AutoNation 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 |
AutoNation 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 AutoNation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AutoNation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AutoNation stock over time.
Current vs Lagged Prices |
| Timeline |
AutoNation Lagged Returns
When evaluating AutoNation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AutoNation stock have on its future price. AutoNation 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, AutoNation autocorrelation shows the relationship between AutoNation stock current value and its past values and can show if there is a momentum factor associated with investing in AutoNation.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in AutoNation Stock
When determining whether AutoNation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AutoNation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Autonation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Autonation Stock:Check out AutoNation Correlation, AutoNation Volatility and AutoNation Alpha and Beta module to complement your research on AutoNation. For more detail on how to invest in AutoNation Stock please use our How to Invest in AutoNation guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
AutoNation technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.