SCORADR110EO 78769723 (Germany) Market Value
| SDRB Stock | EUR 2.34 0.04 1.68% |
| Symbol | SCORADR110EO |
SCORADR110EO 78769723 '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 SCORADR110EO 78769723'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 SCORADR110EO 78769723.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in SCORADR110EO 78769723 on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding SCORADR110EO 78769723 or generate 0.0% return on investment in SCORADR110EO 78769723 over 30 days. SCORADR110EO 78769723 is related to or competes with Mnchener Rck, SIRIUSPOINT, Bank of America, Hugo Boss, Lyxor 1, and Xtrackers LevDAX. SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Afr... More
SCORADR110EO 78769723 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 SCORADR110EO 78769723'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 SCORADR110EO 78769723 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.1401 | |||
| Maximum Drawdown | 12.48 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 3.72 |
SCORADR110EO 78769723 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SCORADR110EO 78769723's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SCORADR110EO 78769723's standard deviation. In reality, there are many statistical measures that can use SCORADR110EO 78769723 historical prices to predict the future SCORADR110EO 78769723's volatility.| Risk Adjusted Performance | 0.1504 | |||
| Jensen Alpha | 0.4373 | |||
| Total Risk Alpha | 0.0756 | |||
| Sortino Ratio | 0.1432 | |||
| Treynor Ratio | (1.71) |
SCORADR110EO 78769723 Backtested Returns
SCORADR110EO 78769723 appears to be unstable, given 3 months investment horizon. SCORADR110EO 78769723 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the company had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for SCORADR110EO 78769723, which you can use to evaluate the volatility of the entity. Please review SCORADR110EO 78769723's Downside Deviation of 2.06, market risk adjusted performance of (1.70), and Risk Adjusted Performance of 0.1504 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SCORADR110EO 78769723 holds a performance score of 14. The firm has a beta of -0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SCORADR110EO 78769723 are expected to decrease at a much lower rate. During the bear market, SCORADR110EO 78769723 is likely to outperform the market. Please check SCORADR110EO 78769723's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether SCORADR110EO 78769723's existing price patterns will revert.
Auto-correlation | 0.48 |
Average predictability
SCORADR110EO 78769723 has average predictability. Overlapping area represents the amount of predictability between SCORADR110EO 78769723 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 SCORADR110EO 78769723 price movement. The serial correlation of 0.48 indicates that about 48.0% of current SCORADR110EO 78769723 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SCORADR110EO 78769723 lagged returns against current returns
Autocorrelation, which is SCORADR110EO 78769723 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 SCORADR110EO 78769723's stock expected returns. We can calculate the autocorrelation of SCORADR110EO 78769723 returns to help us make a trade decision. For example, suppose you find that SCORADR110EO 78769723 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 |
SCORADR110EO 78769723 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 SCORADR110EO 78769723 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SCORADR110EO 78769723 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SCORADR110EO 78769723 stock over time.
Current vs Lagged Prices |
| Timeline |
SCORADR110EO 78769723 Lagged Returns
When evaluating SCORADR110EO 78769723's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SCORADR110EO 78769723 stock have on its future price. SCORADR110EO 78769723 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, SCORADR110EO 78769723 autocorrelation shows the relationship between SCORADR110EO 78769723 stock current value and its past values and can show if there is a momentum factor associated with investing in SCORADR110EO 78769723.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SCORADR110EO Stock
SCORADR110EO 78769723 financial ratios help investors to determine whether SCORADR110EO 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 SCORADR110EO with respect to the benefits of owning SCORADR110EO 78769723 security.