Yara International (Germany) Market Value
| YAR Stock | EUR 21.80 0.40 1.87% |
| Symbol | Yara |
Yara International '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 Yara International'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 Yara International.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Yara International on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Yara International ASA or generate 0.0% return on investment in Yara International over 720 days. Yara International is related to or competes with Public Storage, SEGRO Plc, EastGroup Properties, and NIPPON PROLOGIS. Americold is the worlds largest publicly traded REIT focused on the ownership, operation and development of temperature-... More
Yara International 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 Yara International'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 Yara International ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 10.14 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.59 |
Yara International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yara International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yara International's standard deviation. In reality, there are many statistical measures that can use Yara International historical prices to predict the future Yara International's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (1.07) |
Yara International ASA Backtested Returns
Yara International ASA shows Sharpe Ratio of -0.17, which attests that the company had a -0.17% return per unit of risk over the last 3 months. Yara International ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yara International's Mean Deviation of 0.985, market risk adjusted performance of (1.06), and Standard Deviation of 1.51 to validate the risk estimate we provide. The firm maintains a market beta of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yara International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yara International is expected to be smaller as well. At this point, Yara International ASA has a negative expected return of -0.26%. Please make sure to check out Yara International's skewness, rate of daily change, price action indicator, as well as the relationship between the accumulation distribution and day typical price , to decide if Yara International ASA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Yara International ASA has modest predictability. Overlapping area represents the amount of predictability between Yara International time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 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 Yara International ASA price movement. The serial correlation of 0.52 indicates that about 52.0% of current Yara International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 3.37 |
Yara International ASA lagged returns against current returns
Autocorrelation, which is Yara International 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 Yara International's stock expected returns. We can calculate the autocorrelation of Yara International returns to help us make a trade decision. For example, suppose you find that Yara International 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 |
Yara International 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 Yara International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yara International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yara International stock over time.
Current vs Lagged Prices |
| Timeline |
Yara International Lagged Returns
When evaluating Yara International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yara International stock have on its future price. Yara International 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, Yara International autocorrelation shows the relationship between Yara International stock current value and its past values and can show if there is a momentum factor associated with investing in Yara International ASA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yara Stock
Yara International financial ratios help investors to determine whether Yara 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 Yara with respect to the benefits of owning Yara International security.