Anthem (Germany) Market Value
| A58 Stock | EUR 239.10 42.10 14.97% |
| Symbol | Anthem |
Anthem '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 Anthem'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 Anthem.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Anthem on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Anthem Inc or generate 0.0% return on investment in Anthem over 90 days. Anthem is related to or competes with UnitedHealth Group, Cigna, and CLOVER HEALTH. Anthem, Inc., through its subsidiaries, operates as a health benefits company in the United States More
Anthem 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 Anthem'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 Anthem Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 13.9 | |||
| Value At Risk | (4.80) | |||
| Potential Upside | 2.37 |
Anthem Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anthem's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anthem's standard deviation. In reality, there are many statistical measures that can use Anthem historical prices to predict the future Anthem's volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (1.11) | |||
| Treynor Ratio | (1.81) |
Anthem Inc Backtested Returns
Anthem Inc secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2 % return per unit of risk over the last 3 months. Anthem Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Anthem's Mean Deviation of 1.9, standard deviation of 3.01, and Risk Adjusted Performance of (0.20) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Anthem's returns are expected to increase less than the market. However, during the bear market, the loss of holding Anthem is expected to be smaller as well. At this point, Anthem Inc has a negative expected return of -0.56%. Please make sure to confirm Anthem's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Anthem Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Anthem Inc has good predictability. Overlapping area represents the amount of predictability between Anthem 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 Anthem Inc price movement. The serial correlation of 0.78 indicates that around 78.0% of current Anthem price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 485.53 |
Anthem Inc lagged returns against current returns
Autocorrelation, which is Anthem 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 Anthem's stock expected returns. We can calculate the autocorrelation of Anthem returns to help us make a trade decision. For example, suppose you find that Anthem 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 |
Anthem 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 Anthem stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anthem stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anthem stock over time.
Current vs Lagged Prices |
| Timeline |
Anthem Lagged Returns
When evaluating Anthem's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anthem stock have on its future price. Anthem 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, Anthem autocorrelation shows the relationship between Anthem stock current value and its past values and can show if there is a momentum factor associated with investing in Anthem Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Anthem Stock
Anthem financial ratios help investors to determine whether Anthem 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 Anthem with respect to the benefits of owning Anthem security.