TOTAL BANGUN (Germany) Market Value
| T9Q Stock | 0.03 0 3.28% |
| Symbol | TOTAL |
TOTAL BANGUN '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 TOTAL BANGUN'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 TOTAL BANGUN.
| 09/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in TOTAL BANGUN on September 4, 2024 and sell it all today you would earn a total of 0.00 from holding TOTAL BANGUN PERSAD or generate 0.0% return on investment in TOTAL BANGUN over 90 days. TOTAL BANGUN is related to or competes with Daido Steel, Perma-Fix Environmental, BLUESCOPE STEEL, NIPPON STEEL, and GFL ENVIRONM. More
TOTAL BANGUN 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 TOTAL BANGUN'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 TOTAL BANGUN PERSAD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.03 | |||
| Information Ratio | 0.0277 | |||
| Maximum Drawdown | 30.51 | |||
| Value At Risk | (10.67) | |||
| Potential Upside | 15.38 |
TOTAL BANGUN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOTAL BANGUN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TOTAL BANGUN's standard deviation. In reality, there are many statistical measures that can use TOTAL BANGUN historical prices to predict the future TOTAL BANGUN's volatility.| Risk Adjusted Performance | 0.0447 | |||
| Jensen Alpha | 0.2505 | |||
| Total Risk Alpha | (0.67) | |||
| Sortino Ratio | 0.0295 | |||
| Treynor Ratio | 0.8035 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TOTAL BANGUN'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.
TOTAL BANGUN PERSAD Backtested Returns
TOTAL BANGUN appears to be out of control, given 3 months investment horizon. TOTAL BANGUN PERSAD owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0602, which indicates the firm had a 0.0602% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for TOTAL BANGUN PERSAD, which you can use to evaluate the volatility of the company. Please review TOTAL BANGUN's risk adjusted performance of 0.0447, and Coefficient Of Variation of 2127.51 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TOTAL BANGUN holds a performance score of 4. The entity has a beta of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TOTAL BANGUN's returns are expected to increase less than the market. However, during the bear market, the loss of holding TOTAL BANGUN is expected to be smaller as well. Please check TOTAL BANGUN's value at risk, kurtosis, period momentum indicator, as well as the relationship between the semi variance and day median price , to make a quick decision on whether TOTAL BANGUN's existing price patterns will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
TOTAL BANGUN PERSAD has very weak reverse predictability. Overlapping area represents the amount of predictability between TOTAL BANGUN time series from 4th of September 2024 to 19th of October 2024 and 19th of October 2024 to 3rd 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 TOTAL BANGUN PERSAD price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current TOTAL BANGUN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TOTAL BANGUN PERSAD lagged returns against current returns
Autocorrelation, which is TOTAL BANGUN 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 TOTAL BANGUN's stock expected returns. We can calculate the autocorrelation of TOTAL BANGUN returns to help us make a trade decision. For example, suppose you find that TOTAL BANGUN 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 |
TOTAL BANGUN 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 TOTAL BANGUN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TOTAL BANGUN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TOTAL BANGUN stock over time.
Current vs Lagged Prices |
| Timeline |
TOTAL BANGUN Lagged Returns
When evaluating TOTAL BANGUN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TOTAL BANGUN stock have on its future price. TOTAL BANGUN 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, TOTAL BANGUN autocorrelation shows the relationship between TOTAL BANGUN stock current value and its past values and can show if there is a momentum factor associated with investing in TOTAL BANGUN PERSAD.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for TOTAL Stock Analysis
When running TOTAL BANGUN's price analysis, check to measure TOTAL BANGUN'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 TOTAL BANGUN is operating at the current time. Most of TOTAL BANGUN's value examination focuses on studying past and present price action to predict the probability of TOTAL BANGUN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOTAL BANGUN's price. Additionally, you may evaluate how the addition of TOTAL BANGUN to your portfolios can decrease your overall portfolio volatility.