AP Mller (Denmark) Market Value
| MAERSK-A | DKK 10,120 590.00 6.19% |
| Symbol | MAERSK-A |
AP Mller '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 AP Mller'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 AP Mller.
| 03/30/2024 |
| 04/29/2024 |
If you would invest 0.00 in AP Mller on March 30, 2024 and sell it all today you would earn a total of 0.00 from holding AP Mller or generate 0.0% return on investment in AP Mller over 30 days. AP Mller is related to or competes with Danske Bank, DSV Panalpina, Vestas Wind, and Bavarian Nordic. Mller - Mrsk AS operates as an integrated transport and logistics company worldwide More
AP Mller 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 AP Mller'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 AP Mller upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 17.43 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 3.13 |
AP Mller Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AP Mller's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AP Mller's standard deviation. In reality, there are many statistical measures that can use AP Mller historical prices to predict the future AP Mller's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.8676 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AP Mller'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.
AP Mller Backtested Returns
AP Mller retains Efficiency (Sharpe Ratio) of -0.0751, which signifies that the company had a -0.0751% return per unit of price deviation over the last 3 months. AP Mller exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AP Mller's Information Ratio of (0.13), variance of 7.08, and Market Risk Adjusted Performance of 0.8776 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AP Mller are expected to decrease at a much lower rate. During the bear market, AP Mller is likely to outperform the market. AP Mller has an expected return of -0.2%. Please make sure to confirm AP Mller total risk alpha, as well as the relationship between the skewness and day median price , to decide if AP Mller performance from the past will be repeated sooner or later.
Auto-correlation | 0.23 |
Weak predictability
AP Mller has weak predictability. Overlapping area represents the amount of predictability between AP Mller time series from 30th of March 2024 to 14th of April 2024 and 14th of April 2024 to 29th of April 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 AP Mller price movement. The serial correlation of 0.23 indicates that over 23.0% of current AP Mller price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 62.6 K |
AP Mller lagged returns against current returns
Autocorrelation, which is AP Mller 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 AP Mller's stock expected returns. We can calculate the autocorrelation of AP Mller returns to help us make a trade decision. For example, suppose you find that AP Mller 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 |
AP Mller 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 AP Mller stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AP Mller stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AP Mller stock over time.
Current vs Lagged Prices |
| Timeline |
AP Mller Lagged Returns
When evaluating AP Mller's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AP Mller stock have on its future price. AP Mller 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, AP Mller autocorrelation shows the relationship between AP Mller stock current value and its past values and can show if there is a momentum factor associated with investing in AP Mller .
Regressed Prices |
| Timeline |
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When running AP Mller's price analysis, check to measure AP Mller'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 AP Mller is operating at the current time. Most of AP Mller's value examination focuses on studying past and present price action to predict the probability of AP Mller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AP Mller's price. Additionally, you may evaluate how the addition of AP Mller to your portfolios can decrease your overall portfolio volatility.
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AP Mller technical stock 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, stock market cycles, or different charting patterns.