Getlink SE (Germany) Market Value
| TNU3 Stock | EUR 15.13 0.24 1.61% |
| Symbol | Getlink |
Getlink 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 Getlink 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 Getlink SE.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Getlink SE on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Getlink SE or generate 0.0% return on investment in Getlink SE over 180 days. Getlink SE is related to or competes with GOODYEAR T, LION ONE, PARKEN Sport, EAGLE MATERIALS, Rayonier Advanced, Goodyear Tire, and Applied Materials. Getlink SE engages in the design, finance, construction, and operation of fixed link infrastructure and transport system... More
Getlink 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 Getlink 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 Getlink SE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 8.24 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.93 |
Getlink SE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Getlink SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Getlink SE's standard deviation. In reality, there are many statistical measures that can use Getlink SE historical prices to predict the future Getlink SE's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.72) |
Getlink SE Backtested Returns
Getlink SE holds Efficiency (Sharpe) Ratio of -0.0692, which attests that the entity had a -0.0692% return per unit of risk over the last 3 months. Getlink SE exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Getlink SE's Standard Deviation of 1.23, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of (0.71) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Getlink SE's returns are expected to increase less than the market. However, during the bear market, the loss of holding Getlink SE is expected to be smaller as well. At this point, Getlink SE has a negative expected return of -0.0848%. Please make sure to check out Getlink SE's potential upside, kurtosis, rate of daily change, as well as the relationship between the skewness and daily balance of power , to decide if Getlink SE performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
Getlink SE has weak reverse predictability. Overlapping area represents the amount of predictability between Getlink SE time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 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 Getlink SE price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Getlink SE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Getlink SE lagged returns against current returns
Autocorrelation, which is Getlink 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 Getlink SE's stock expected returns. We can calculate the autocorrelation of Getlink SE returns to help us make a trade decision. For example, suppose you find that Getlink 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 |
Getlink 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 Getlink SE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Getlink SE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Getlink SE stock over time.
Current vs Lagged Prices |
| Timeline |
Getlink SE Lagged Returns
When evaluating Getlink SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Getlink SE stock have on its future price. Getlink 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, Getlink SE autocorrelation shows the relationship between Getlink SE stock current value and its past values and can show if there is a momentum factor associated with investing in Getlink SE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Getlink Stock
Getlink SE financial ratios help investors to determine whether Getlink 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 Getlink with respect to the benefits of owning Getlink SE security.