Strer SE (Germany) Market Value
| SAX Stock | 46.24 0.16 0.34% |
| Symbol | Strer |
Strer SE '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 Strer SE'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 Strer SE.
| 10/27/2024 |
| 12/26/2024 |
If you would invest 0.00 in Strer SE on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Strer SE Co or generate 0.0% return on investment in Strer SE over 60 days. Strer SE is related to or competes with Publicis Groupe, WPP PLC, WPP PLC, JCDecaux, and . More
Strer SE 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 Strer SE'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 Strer SE Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 6.45 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 1.41 |
Strer SE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strer SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strer SE's standard deviation. In reality, there are many statistical measures that can use Strer SE historical prices to predict the future Strer SE's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 2.07 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Strer SE's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Strer SE Backtested Returns
Strer SE owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.26, which indicates the firm had a -0.26% return per unit of risk over the last 3 months. Strer SE Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Strer SE's Variance of 1.91, risk adjusted performance of (0.16), and Coefficient Of Variation of (477.64) to confirm the risk estimate we provide. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Strer SE are expected to decrease at a much lower rate. During the bear market, Strer SE is likely to outperform the market. At this point, Strer SE has a negative expected return of -0.35%. Please make sure to validate Strer SE's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Strer SE performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.57 |
Modest predictability
Strer SE Co has modest predictability. Overlapping area represents the amount of predictability between Strer SE time series from 27th of October 2024 to 26th of November 2024 and 26th of November 2024 to 26th 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 Strer SE price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Strer SE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 1.33 |
Strer SE lagged returns against current returns
Autocorrelation, which is Strer SE 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 Strer SE's stock expected returns. We can calculate the autocorrelation of Strer SE returns to help us make a trade decision. For example, suppose you find that Strer SE 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 |
Strer SE 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 Strer SE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strer SE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Strer SE stock over time.
Current vs Lagged Prices |
| Timeline |
Strer SE Lagged Returns
When evaluating Strer SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strer SE stock have on its future price. Strer SE 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, Strer SE autocorrelation shows the relationship between Strer SE stock current value and its past values and can show if there is a momentum factor associated with investing in Strer SE Co.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Strer Stock Analysis
When running Strer SE's price analysis, check to measure Strer SE'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 Strer SE is operating at the current time. Most of Strer SE's value examination focuses on studying past and present price action to predict the probability of Strer SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strer SE's price. Additionally, you may evaluate how the addition of Strer SE to your portfolios can decrease your overall portfolio volatility.