10X GENOMICS (Germany) Market Value
| 1KJ Stock | EUR 10.54 0.23 2.14% |
| Symbol | 10X |
10X GENOMICS '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 10X GENOMICS'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 10X GENOMICS.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in 10X GENOMICS on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding 10X GENOMICS DL or generate 0.0% return on investment in 10X GENOMICS over 90 days. 10X GENOMICS is related to or competes with Perseus Mining, GOLDGROUP MINING, SUPERNOVA METALS, Scandinavian Tobacco, JAPAN TOBACCO, and Metallurgical. 10x Genomics, Inc., a life science technology company, develops and sells instruments, consumables, and software for ana... More
10X GENOMICS 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 10X GENOMICS'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 10X GENOMICS DL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.55 | |||
| Information Ratio | 0.1257 | |||
| Maximum Drawdown | 21.7 | |||
| Value At Risk | (5.82) | |||
| Potential Upside | 8.32 |
10X GENOMICS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 10X GENOMICS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 10X GENOMICS's standard deviation. In reality, there are many statistical measures that can use 10X GENOMICS historical prices to predict the future 10X GENOMICS's volatility.| Risk Adjusted Performance | 0.1553 | |||
| Jensen Alpha | 0.5978 | |||
| Total Risk Alpha | 0.0451 | |||
| Sortino Ratio | 0.1591 | |||
| Treynor Ratio | 0.9251 |
10X GENOMICS DL Backtested Returns
10X GENOMICS appears to be slightly risky, given 3 months investment horizon. 10X GENOMICS DL secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17 % return per unit of risk over the last 3 months. By inspecting 10X GENOMICS's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please makes use of 10X GENOMICS's coefficient of variation of 632.35, and Mean Deviation of 3.49 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, 10X GENOMICS holds a performance score of 13. The firm shows a Beta (market volatility) of 0.76, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 10X GENOMICS's returns are expected to increase less than the market. However, during the bear market, the loss of holding 10X GENOMICS is expected to be smaller as well. Please check 10X GENOMICS's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether 10X GENOMICS's price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
10X GENOMICS DL has below average predictability. Overlapping area represents the amount of predictability between 10X GENOMICS time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 10X GENOMICS DL price movement. The serial correlation of 0.39 indicates that just about 39.0% of current 10X GENOMICS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
10X GENOMICS DL lagged returns against current returns
Autocorrelation, which is 10X GENOMICS 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 10X GENOMICS's stock expected returns. We can calculate the autocorrelation of 10X GENOMICS returns to help us make a trade decision. For example, suppose you find that 10X GENOMICS 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 |
10X GENOMICS 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 10X GENOMICS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 10X GENOMICS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 10X GENOMICS stock over time.
Current vs Lagged Prices |
| Timeline |
10X GENOMICS Lagged Returns
When evaluating 10X GENOMICS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 10X GENOMICS stock have on its future price. 10X GENOMICS 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, 10X GENOMICS autocorrelation shows the relationship between 10X GENOMICS stock current value and its past values and can show if there is a momentum factor associated with investing in 10X GENOMICS DL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in 10X Stock
10X GENOMICS financial ratios help investors to determine whether 10X 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 10X with respect to the benefits of owning 10X GENOMICS security.