Assicurazioni Generali Spa Stock Market Value
| ARZGY Stock | USD 12.73 0.17 1.32% |
| Symbol | Assicurazioni |
Assicurazioni Generali '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 Assicurazioni Generali's pink sheet 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 Assicurazioni Generali.
| 04/22/2024 |
| 05/22/2024 |
If you would invest 0.00 in Assicurazioni Generali on April 22, 2024 and sell it all today you would earn a total of 0.00 from holding Assicurazioni Generali SpA or generate 0.0% return on investment in Assicurazioni Generali over 30 days. Assicurazioni Generali is related to or competes with Berkshire Hathaway, Berkshire Hathaway, Allianz SE, Zurich Insurance, Zurich Insurance, AXA SA, and American International. Assicurazioni Generali S.p.A. provides various insurance solutions More
Assicurazioni Generali 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 Assicurazioni Generali's pink sheet 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 Assicurazioni Generali SpA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7935 | |||
| Information Ratio | 0.205 | |||
| Maximum Drawdown | 4.79 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.89 |
Assicurazioni Generali Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Assicurazioni Generali's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Assicurazioni Generali's standard deviation. In reality, there are many statistical measures that can use Assicurazioni Generali historical prices to predict the future Assicurazioni Generali's volatility.| Risk Adjusted Performance | 0.1705 | |||
| Jensen Alpha | 0.2239 | |||
| Total Risk Alpha | 0.1472 | |||
| Sortino Ratio | 0.2416 | |||
| Treynor Ratio | 0.4833 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Assicurazioni Generali'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.
Assicurazioni Generali Backtested Returns
Assicurazioni Generali appears to be very steady, given 3 months investment horizon. Assicurazioni Generali secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Assicurazioni Generali SpA, which you can use to evaluate the volatility of the firm. Please makes use of Assicurazioni Generali's Risk Adjusted Performance of 0.1705, mean deviation of 0.7166, and Downside Deviation of 0.7935 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Assicurazioni Generali holds a performance score of 19. The firm shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Assicurazioni Generali's returns are expected to increase less than the market. However, during the bear market, the loss of holding Assicurazioni Generali is expected to be smaller as well. Please check Assicurazioni Generali's value at risk, as well as the relationship between the kurtosis and price action indicator , to make a quick decision on whether Assicurazioni Generali's price patterns will revert.
Auto-correlation | 0.35 |
Below average predictability
Assicurazioni Generali SpA has below average predictability. Overlapping area represents the amount of predictability between Assicurazioni Generali time series from 22nd of April 2024 to 7th of May 2024 and 7th of May 2024 to 22nd of May 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 Assicurazioni Generali price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Assicurazioni Generali price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Assicurazioni Generali lagged returns against current returns
Autocorrelation, which is Assicurazioni Generali pink sheet'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 Assicurazioni Generali's pink sheet expected returns. We can calculate the autocorrelation of Assicurazioni Generali returns to help us make a trade decision. For example, suppose you find that Assicurazioni Generali has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Assicurazioni Generali 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 Assicurazioni Generali pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Assicurazioni Generali pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Assicurazioni Generali pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Assicurazioni Generali Lagged Returns
When evaluating Assicurazioni Generali's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Assicurazioni Generali pink sheet have on its future price. Assicurazioni Generali 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, Assicurazioni Generali autocorrelation shows the relationship between Assicurazioni Generali pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Assicurazioni Generali SpA.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Assicurazioni Generali Correlation, Assicurazioni Generali Volatility and Assicurazioni Generali Alpha and Beta module to complement your research on Assicurazioni Generali. Note that the Assicurazioni Generali information on this page should be used as a complementary analysis to other Assicurazioni Generali's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Assicurazioni Pink Sheet analysis
When running Assicurazioni Generali's price analysis, check to measure Assicurazioni Generali'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 Assicurazioni Generali is operating at the current time. Most of Assicurazioni Generali's value examination focuses on studying past and present price action to predict the probability of Assicurazioni Generali's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assicurazioni Generali's price. Additionally, you may evaluate how the addition of Assicurazioni Generali to your portfolios can decrease your overall portfolio volatility.
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Assicurazioni Generali technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.