EMPLOYERS HLDGS (Germany) Market Value
| YGB Stock | EUR 48.60 0.40 0.83% |
| Symbol | EMPLOYERS |
EMPLOYERS HLDGS '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 EMPLOYERS HLDGS'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 EMPLOYERS HLDGS.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in EMPLOYERS HLDGS on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding EMPLOYERS HLDGS DL or generate 0.0% return on investment in EMPLOYERS HLDGS over 30 days. EMPLOYERS HLDGS is related to or competes with Mapfre SA, First American, MGIC Investment, Assured Guaranty, Radian, Nib Holdings, and Trupanion. Employers Holdings, Inc., through its subsidiaries, operates in the commercial property and casualty insurance industry ... More
EMPLOYERS HLDGS 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 EMPLOYERS HLDGS'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 EMPLOYERS HLDGS DL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.1147 | |||
| Maximum Drawdown | 11.38 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 2.0 |
EMPLOYERS HLDGS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EMPLOYERS HLDGS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EMPLOYERS HLDGS's standard deviation. In reality, there are many statistical measures that can use EMPLOYERS HLDGS historical prices to predict the future EMPLOYERS HLDGS's volatility.| Risk Adjusted Performance | 0.1115 | |||
| Jensen Alpha | 0.1828 | |||
| Total Risk Alpha | 0.1656 | |||
| Sortino Ratio | 0.1391 | |||
| Treynor Ratio | 0.1614 |
EMPLOYERS HLDGS DL Backtested Returns
EMPLOYERS HLDGS appears to be very steady, given 3 months investment horizon. EMPLOYERS HLDGS DL secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for EMPLOYERS HLDGS DL, which you can use to evaluate the volatility of the firm. Please utilize EMPLOYERS HLDGS's Mean Deviation of 1.08, downside deviation of 1.36, and Semi Deviation of 0.8946 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EMPLOYERS HLDGS holds a performance score of 11. The firm shows a Beta (market volatility) of 1.31, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, EMPLOYERS HLDGS will likely underperform. Please check EMPLOYERS HLDGS's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether EMPLOYERS HLDGS's price patterns will revert.
Auto-correlation | -0.08 |
Very weak reverse predictability
EMPLOYERS HLDGS DL has very weak reverse predictability. Overlapping area represents the amount of predictability between EMPLOYERS HLDGS time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 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 EMPLOYERS HLDGS DL price movement. The serial correlation of -0.08 indicates that barely 8.0% of current EMPLOYERS HLDGS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
EMPLOYERS HLDGS DL lagged returns against current returns
Autocorrelation, which is EMPLOYERS HLDGS 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 EMPLOYERS HLDGS's stock expected returns. We can calculate the autocorrelation of EMPLOYERS HLDGS returns to help us make a trade decision. For example, suppose you find that EMPLOYERS HLDGS 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 |
EMPLOYERS HLDGS 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 EMPLOYERS HLDGS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EMPLOYERS HLDGS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EMPLOYERS HLDGS stock over time.
Current vs Lagged Prices |
| Timeline |
EMPLOYERS HLDGS Lagged Returns
When evaluating EMPLOYERS HLDGS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EMPLOYERS HLDGS stock have on its future price. EMPLOYERS HLDGS 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, EMPLOYERS HLDGS autocorrelation shows the relationship between EMPLOYERS HLDGS stock current value and its past values and can show if there is a momentum factor associated with investing in EMPLOYERS HLDGS DL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in EMPLOYERS Stock
EMPLOYERS HLDGS financial ratios help investors to determine whether EMPLOYERS 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 EMPLOYERS with respect to the benefits of owning EMPLOYERS HLDGS security.