THARISA NON (Germany) Market Value
| 7YZ Stock | EUR 1.14 0.15 15.15% |
| Symbol | THARISA |
THARISA NON '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 THARISA NON'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 THARISA NON.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in THARISA NON on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding THARISA NON LIST or generate 0.0% return on investment in THARISA NON over 90 days. THARISA NON is related to or competes with Fresnillo Plc, NEW PACIFIC, SYLVANIA PLAT. Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logis... More
THARISA NON 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 THARISA NON'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 THARISA NON LIST upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.15 | |||
| Information Ratio | 0.1606 | |||
| Maximum Drawdown | 31.03 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 15.15 |
THARISA NON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for THARISA NON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as THARISA NON's standard deviation. In reality, there are many statistical measures that can use THARISA NON historical prices to predict the future THARISA NON's volatility.| Risk Adjusted Performance | 0.1775 | |||
| Jensen Alpha | 1.34 | |||
| Total Risk Alpha | 0.275 | |||
| Sortino Ratio | 0.1573 | |||
| Treynor Ratio | (1.84) |
THARISA NON LIST Backtested Returns
THARISA NON is abnormally volatile given 3 months investment horizon. THARISA NON LIST retains Efficiency (Sharpe Ratio) of 0.18, which indicates the firm had a 0.18 % return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.25% are justified by taking the suggested risk. Use THARISA NON LIST downside deviation of 7.15, and Risk Adjusted Performance of 0.1775 to evaluate company specific risk that cannot be diversified away. THARISA NON holds a performance score of 13 on a scale of zero to a hundred. The entity owns a Beta (Systematic Risk) of -0.68, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning THARISA NON are expected to decrease at a much lower rate. During the bear market, THARISA NON is likely to outperform the market. Use THARISA NON LIST semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to analyze future returns on THARISA NON LIST.
Auto-correlation | 0.42 |
Average predictability
THARISA NON LIST has average predictability. Overlapping area represents the amount of predictability between THARISA NON time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 THARISA NON LIST price movement. The serial correlation of 0.42 indicates that just about 42.0% of current THARISA NON price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
THARISA NON LIST lagged returns against current returns
Autocorrelation, which is THARISA NON 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 THARISA NON's stock expected returns. We can calculate the autocorrelation of THARISA NON returns to help us make a trade decision. For example, suppose you find that THARISA NON 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 |
THARISA NON 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 THARISA NON stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if THARISA NON stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in THARISA NON stock over time.
Current vs Lagged Prices |
| Timeline |
THARISA NON Lagged Returns
When evaluating THARISA NON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of THARISA NON stock have on its future price. THARISA NON 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, THARISA NON autocorrelation shows the relationship between THARISA NON stock current value and its past values and can show if there is a momentum factor associated with investing in THARISA NON LIST.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in THARISA Stock
THARISA NON financial ratios help investors to determine whether THARISA 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 THARISA with respect to the benefits of owning THARISA NON security.