Ems Chemie Holding Ag Stock Market Value
EMSHF Stock | USD 828.10 119.60 16.88% |
Symbol | EMS-CHEMIE |
EMS-CHEMIE HOLDING '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 EMS-CHEMIE HOLDING'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 EMS-CHEMIE HOLDING.
02/20/2024 |
| 05/20/2024 |
If you would invest 0.00 in EMS-CHEMIE HOLDING on February 20, 2024 and sell it all today you would earn a total of 0.00 from holding EMS CHEMIE HOLDING AG or generate 0.0% return on investment in EMS-CHEMIE HOLDING over 90 days. EMS-CHEMIE HOLDING is related to or competes with H B, Minerals Technologies, Quaker Chemical, Oil Dri, Sensient Technologies, Innospec, and Northern Technologies. EMS-CHEMIE HOLDING AG engages in the high performance polymers and specialty chemicals businesses worldwide More
EMS-CHEMIE HOLDING 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 EMS-CHEMIE HOLDING'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 EMS CHEMIE HOLDING AG upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | 0.1025 | |||
Maximum Drawdown | 16.88 |
EMS-CHEMIE HOLDING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EMS-CHEMIE HOLDING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EMS-CHEMIE HOLDING's standard deviation. In reality, there are many statistical measures that can use EMS-CHEMIE HOLDING historical prices to predict the future EMS-CHEMIE HOLDING's volatility.Risk Adjusted Performance | 0.0944 | |||
Jensen Alpha | 0.2199 | |||
Total Risk Alpha | (0.02) | |||
Treynor Ratio | 0.3083 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EMS-CHEMIE HOLDING'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.
EMS CHEMIE HOLDING Backtested Returns
EMS-CHEMIE HOLDING appears to be very steady, given 3 months investment horizon. EMS CHEMIE HOLDING secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of volatility over the last 3 months. We have found twenty technical indicators for EMS CHEMIE HOLDING AG, which you can use to evaluate the volatility of the firm. Please utilize EMS-CHEMIE HOLDING's Mean Deviation of 0.6195, market risk adjusted performance of 0.3183, and Standard Deviation of 2.15 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EMS-CHEMIE HOLDING holds a performance score of 11. The firm shows a Beta (market volatility) of 1.0, which means a somewhat significant risk relative to the market. EMS-CHEMIE HOLDING returns are very sensitive to returns on the market. As the market goes up or down, EMS-CHEMIE HOLDING is expected to follow. Please check EMS-CHEMIE HOLDING's jensen alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to make a quick decision on whether EMS-CHEMIE HOLDING's price patterns will revert.
Auto-correlation | 0.18 |
Very weak predictability
EMS CHEMIE HOLDING AG has very weak predictability. Overlapping area represents the amount of predictability between EMS-CHEMIE HOLDING time series from 20th of February 2024 to 5th of April 2024 and 5th of April 2024 to 20th 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 EMS CHEMIE HOLDING price movement. The serial correlation of 0.18 indicates that over 18.0% of current EMS-CHEMIE HOLDING price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.18 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 1564.52 |
EMS CHEMIE HOLDING lagged returns against current returns
Autocorrelation, which is EMS-CHEMIE HOLDING 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 EMS-CHEMIE HOLDING's pink sheet expected returns. We can calculate the autocorrelation of EMS-CHEMIE HOLDING returns to help us make a trade decision. For example, suppose you find that EMS-CHEMIE HOLDING 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 |
EMS-CHEMIE HOLDING 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 EMS-CHEMIE HOLDING pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EMS-CHEMIE HOLDING pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EMS-CHEMIE HOLDING pink sheet over time.
Current vs Lagged Prices |
Timeline |
EMS-CHEMIE HOLDING Lagged Returns
When evaluating EMS-CHEMIE HOLDING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EMS-CHEMIE HOLDING pink sheet have on its future price. EMS-CHEMIE HOLDING 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, EMS-CHEMIE HOLDING autocorrelation shows the relationship between EMS-CHEMIE HOLDING pink sheet current value and its past values and can show if there is a momentum factor associated with investing in EMS CHEMIE HOLDING AG.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Check out EMS-CHEMIE HOLDING Correlation, EMS-CHEMIE HOLDING Volatility and EMS-CHEMIE HOLDING Alpha and Beta module to complement your research on EMS-CHEMIE HOLDING. Note that the EMS CHEMIE HOLDING information on this page should be used as a complementary analysis to other EMS-CHEMIE HOLDING'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 EMS-CHEMIE Pink Sheet analysis
When running EMS-CHEMIE HOLDING's price analysis, check to measure EMS-CHEMIE HOLDING'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 EMS-CHEMIE HOLDING is operating at the current time. Most of EMS-CHEMIE HOLDING's value examination focuses on studying past and present price action to predict the probability of EMS-CHEMIE HOLDING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMS-CHEMIE HOLDING's price. Additionally, you may evaluate how the addition of EMS-CHEMIE HOLDING to your portfolios can decrease your overall portfolio volatility.
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Stocks Directory Find actively traded stocks across global markets | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
EMS-CHEMIE HOLDING 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.