STX AP600 (Switzerland) Market Value

Q09Y
 Index
  

 193.02  5.86  2.95%   

STX AP600's market value is the price at which a share of STX AP600 stock trades on a public exchange. It measures the collective expectations of STX AP600 CHEM PR EUR investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of STX AP600 CHEM PR EUR and determine expected loss or profit from investing in STX AP600 over a given investment horizon. Check out Your Equity Center.
Symbol

STX AP600 '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 STX AP600's index 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 STX AP600.
0.00
08/08/2021
No Change 0.00  0.0 
In 1 year 1 month and 25 days
10/02/2022
0.00
If you would invest  0.00  in STX AP600 on August 8, 2021 and sell it all today you would earn a total of 0.00 from holding STX AP600 CHEM PR EUR or generate 0.0% return on investment in STX AP600 over 420 days.

STX AP600 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 STX AP600's index 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 STX AP600 CHEM PR EUR upside and downside potential and time the market with a certain degree of confidence.

STX AP600 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for STX AP600's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as STX AP600's standard deviation. In reality, there are many statistical measures that can use STX AP600 historical prices to predict the future STX AP600's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of STX AP600'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. Please use the tools below to analyze the current value of STX AP600 in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as STX AP600. Your research has to be compared to or analyzed against STX AP600's peers to derive any actionable benefits. When done correctly, STX AP600's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in STX AP600 CHEM.

STX AP600 CHEM Backtested Returns

STX AP600 CHEM owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.081, which indicates the index had -0.081% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any index is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. STX AP600 CHEM PR EUR exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away.
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. Let's try to break down what STX AP600's beta means in this case. the returns on MARKET and STX AP600 are completely uncorrelated. Even though it is essential to pay attention to STX AP600 CHEM current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any index's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. STX AP600 CHEM PR EUR exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.72  

Almost perfect reverse predictability

STX AP600 CHEM PR EUR has almost perfect reverse predictability. Overlapping area represents the amount of predictability between STX AP600 time series from 8th of August 2021 to 6th of March 2022 and 6th of March 2022 to 2nd of October 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of STX AP600 CHEM price movement. The serial correlation of -0.72 indicates that around 72.0% of current STX AP600 price fluctuation can be explain by its past prices.
Correlation Coefficient-0.72
Spearman Rank Test0.5
Residual Average0.0
Price Variance0.08

STX AP600 CHEM lagged returns against current returns

Autocorrelation, which is STX AP600 index'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 STX AP600's index expected returns. We can calculate the autocorrelation of STX AP600 returns to help us make a trade decision. For example, suppose you find that STX AP600 index 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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STX AP600 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 STX AP600 index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if STX AP600 index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in STX AP600 index over time.
   Current vs Lagged Prices   
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       Timeline  

STX AP600 Lagged Returns

When evaluating STX AP600's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of STX AP600 index have on its future price. STX AP600 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, STX AP600 autocorrelation shows the relationship between STX AP600 index current value and its past values and can show if there is a momentum factor associated with investing in STX AP600 CHEM PR EUR.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in STX AP600 without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Other Tools for STX AP600 Index

When running STX AP600 CHEM price analysis, check to measure STX AP600'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 STX AP600 is operating at the current time. Most of STX AP600's value examination focuses on studying past and present price action to predict the probability of STX AP600's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move STX AP600's price. Additionally, you may evaluate how the addition of STX AP600 to your portfolios can decrease your overall portfolio volatility.
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