Schoeller Bleckmann (Austria) Market Value
| SBO Stock | EUR 30.15 0.15 0.50% |
| Symbol | Schoeller |
Schoeller Bleckmann '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 Schoeller Bleckmann'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 Schoeller Bleckmann.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Schoeller Bleckmann on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Schoeller Bleckmann Oilfield Equipment or generate 0.0% return on investment in Schoeller Bleckmann over 30 days. Schoeller Bleckmann is related to or competes with Voestalpine, Andritz AG, Wienerberger, OMV Aktiengesellscha, and Lenzing Aktiengesellscha. More
Schoeller Bleckmann 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 Schoeller Bleckmann'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 Schoeller Bleckmann Oilfield Equipment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 11.76 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 3.68 |
Schoeller Bleckmann Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schoeller Bleckmann's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schoeller Bleckmann's standard deviation. In reality, there are many statistical measures that can use Schoeller Bleckmann historical prices to predict the future Schoeller Bleckmann's volatility.| Risk Adjusted Performance | 0.0245 | |||
| Jensen Alpha | 0.0301 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.4642 |
Schoeller Bleckmann Backtested Returns
Schoeller Bleckmann is very steady at the moment. Schoeller Bleckmann owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.019, which indicates the firm had a 0.019% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Schoeller Bleckmann Oilfield Equipment, which you can use to evaluate the volatility of the company. Please validate Schoeller Bleckmann's Risk Adjusted Performance of 0.0245, coefficient of variation of 3986.03, and Semi Deviation of 1.7 to confirm if the risk estimate we provide is consistent with the expected return of 0.0383%. Schoeller Bleckmann has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.0861, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schoeller Bleckmann's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schoeller Bleckmann is expected to be smaller as well. Schoeller Bleckmann right now has a risk of 2.02%. Please validate Schoeller Bleckmann total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to decide if Schoeller Bleckmann will be following its existing price patterns.
Auto-correlation | -0.45 |
Modest reverse predictability
Schoeller Bleckmann Oilfield Equipment has modest reverse predictability. Overlapping area represents the amount of predictability between Schoeller Bleckmann time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Schoeller Bleckmann price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Schoeller Bleckmann price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Schoeller Bleckmann lagged returns against current returns
Autocorrelation, which is Schoeller Bleckmann 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 Schoeller Bleckmann's stock expected returns. We can calculate the autocorrelation of Schoeller Bleckmann returns to help us make a trade decision. For example, suppose you find that Schoeller Bleckmann 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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Schoeller Bleckmann 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 Schoeller Bleckmann stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schoeller Bleckmann stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schoeller Bleckmann stock over time.
Current vs Lagged Prices |
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Schoeller Bleckmann Lagged Returns
When evaluating Schoeller Bleckmann's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schoeller Bleckmann stock have on its future price. Schoeller Bleckmann 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, Schoeller Bleckmann autocorrelation shows the relationship between Schoeller Bleckmann stock current value and its past values and can show if there is a momentum factor associated with investing in Schoeller Bleckmann Oilfield Equipment.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Schoeller Stock
Schoeller Bleckmann financial ratios help investors to determine whether Schoeller 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 Schoeller with respect to the benefits of owning Schoeller Bleckmann security.