Adyen Nv Stock Market Value
| ADYYF Stock | USD 1,481 18.99 1.27% |
| Symbol | Adyen |
Adyen NV '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 Adyen NV'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 Adyen NV.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Adyen NV on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Adyen NV or generate 0.0% return on investment in Adyen NV over 30 days. Adyen NV is related to or competes with Zscaler, Okta, Cloudflare, Crowdstrike Holdings, Palo Alto, Microsoft, and Oracle. Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, Latin Ameri... More
Adyen NV 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 Adyen NV'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 Adyen NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.11 | |||
| Information Ratio | 0.0564 | |||
| Maximum Drawdown | 24.23 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 4.04 |
Adyen NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adyen NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adyen NV's standard deviation. In reality, there are many statistical measures that can use Adyen NV historical prices to predict the future Adyen NV's volatility.| Risk Adjusted Performance | 0.0559 | |||
| Jensen Alpha | 0.2493 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0877 | |||
| Treynor Ratio | (2.42) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Adyen NV'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.
Adyen NV Backtested Returns
Adyen NV appears to be very steady, given 3 months investment horizon. Adyen NV secures Sharpe Ratio (or Efficiency) of 0.0951, which signifies that the company had a 0.0951% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Adyen NV, which you can use to evaluate the volatility of the firm. Please makes use of Adyen NV's Risk Adjusted Performance of 0.0559, mean deviation of 2.05, and Downside Deviation of 2.11 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Adyen NV holds a performance score of 7. The firm shows a Beta (market volatility) of -0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Adyen NV are expected to decrease at a much lower rate. During the bear market, Adyen NV is likely to outperform the market. Please check Adyen NV's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Adyen NV's price patterns will revert.
Auto-correlation | -0.54 |
Good reverse predictability
Adyen NV has good reverse predictability. Overlapping area represents the amount of predictability between Adyen NV time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Adyen NV price movement. The serial correlation of -0.54 indicates that about 54.0% of current Adyen NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 1913.23 |
Adyen NV lagged returns against current returns
Autocorrelation, which is Adyen NV 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 Adyen NV's pink sheet expected returns. We can calculate the autocorrelation of Adyen NV returns to help us make a trade decision. For example, suppose you find that Adyen NV 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 |
Adyen NV 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 Adyen NV pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adyen NV pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adyen NV pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Adyen NV Lagged Returns
When evaluating Adyen NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adyen NV pink sheet have on its future price. Adyen NV 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, Adyen NV autocorrelation shows the relationship between Adyen NV pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Adyen NV.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Adyen NV in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Adyen NV's short interest history, or implied volatility extrapolated from Adyen NV options trading.
Pair Trading with Adyen NV
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adyen NV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adyen NV will appreciate offsetting losses from the drop in the long position's value.Moving together with Adyen Pink Sheet
| 0.64 | MSFT | Microsoft Earnings Call This Week | PairCorr |
| 0.65 | SNPS | Synopsys Financial Report 15th of May 2024 | PairCorr |
| 0.66 | CRWD | Crowdstrike Holdings Financial Report 29th of May 2024 | PairCorr |
Moving against Adyen Pink Sheet
| 0.72 | ADBE | Adobe Systems rporated Financial Report 20th of June 2024 | PairCorr |
| 0.46 | APAC | Stonebridge Acquisition Symbol Change | PairCorr |
The ability to find closely correlated positions to Adyen NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adyen NV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adyen NV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adyen NV to buy it.
The correlation of Adyen NV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adyen NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adyen NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adyen NV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Adyen NV Correlation, Adyen NV Volatility and Adyen NV Alpha and Beta module to complement your research on Adyen NV. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Adyen Pink Sheet analysis
When running Adyen NV's price analysis, check to measure Adyen NV'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 Adyen NV is operating at the current time. Most of Adyen NV's value examination focuses on studying past and present price action to predict the probability of Adyen NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adyen NV's price. Additionally, you may evaluate how the addition of Adyen NV to your portfolios can decrease your overall portfolio volatility.
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Adyen NV 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.