Plastic Omnium (Germany) Market Value
| EZM Stock | 10.76 0.07 0.65% |
| Symbol | Plastic |
Plastic Omnium '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 Plastic Omnium'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 Plastic Omnium.
| 04/02/2025 |
| 07/01/2025 |
If you would invest 0.00 in Plastic Omnium on April 2, 2025 and sell it all today you would earn a total of 0.00 from holding Plastic Omnium or generate 0.0% return on investment in Plastic Omnium over 90 days. Plastic Omnium is related to or competes with Advanced Medical, Transport International, Broadwind, TITANIUM TRANSPORTGROUP, Kaufman Broad, Japan Medical, and Gold Road. More
Plastic Omnium 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 Plastic Omnium'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 Plastic Omnium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.95 | |||
| Information Ratio | 0.0494 | |||
| Maximum Drawdown | 14.95 | |||
| Value At Risk | (5.18) | |||
| Potential Upside | 4.69 |
Plastic Omnium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plastic Omnium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plastic Omnium's standard deviation. In reality, there are many statistical measures that can use Plastic Omnium historical prices to predict the future Plastic Omnium's volatility.| Risk Adjusted Performance | 0.1265 | |||
| Jensen Alpha | 0.1864 | |||
| Total Risk Alpha | 0.0963 | |||
| Sortino Ratio | 0.0474 | |||
| Treynor Ratio | 0.847 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Plastic Omnium'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.
Plastic Omnium Backtested Returns
Plastic Omnium appears to be somewhat reliable, given 3 months investment horizon. Plastic Omnium maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Plastic Omnium, which you can use to evaluate the volatility of the company. Please evaluate Plastic Omnium's Coefficient Of Variation of 1345.1, semi deviation of 2.76, and Risk Adjusted Performance of 0.1265 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Plastic Omnium holds a performance score of 10. The company holds a Beta of 0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, Plastic Omnium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Plastic Omnium is expected to be smaller as well. Please check Plastic Omnium's value at risk, rate of daily change, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Plastic Omnium's historical price patterns will revert.
Auto-correlation | 0.47 |
Average predictability
Plastic Omnium has average predictability. Overlapping area represents the amount of predictability between Plastic Omnium time series from 2nd of April 2025 to 17th of May 2025 and 17th of May 2025 to 1st 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 Plastic Omnium price movement. The serial correlation of 0.47 indicates that about 47.0% of current Plastic Omnium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Plastic Omnium lagged returns against current returns
Autocorrelation, which is Plastic Omnium 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 Plastic Omnium's stock expected returns. We can calculate the autocorrelation of Plastic Omnium returns to help us make a trade decision. For example, suppose you find that Plastic Omnium 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 |
Plastic Omnium 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 Plastic Omnium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plastic Omnium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plastic Omnium stock over time.
Current vs Lagged Prices |
| Timeline |
Plastic Omnium Lagged Returns
When evaluating Plastic Omnium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plastic Omnium stock have on its future price. Plastic Omnium 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, Plastic Omnium autocorrelation shows the relationship between Plastic Omnium stock current value and its past values and can show if there is a momentum factor associated with investing in Plastic Omnium.
Regressed Prices |
| Timeline |
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Additional Tools for Plastic Stock Analysis
When running Plastic Omnium's price analysis, check to measure Plastic Omnium'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 Plastic Omnium is operating at the current time. Most of Plastic Omnium's value examination focuses on studying past and present price action to predict the probability of Plastic Omnium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plastic Omnium's price. Additionally, you may evaluate how the addition of Plastic Omnium to your portfolios can decrease your overall portfolio volatility.