Naranja Standard (Germany) Market Value
| 0P00000XI6 | 137.64 0.00 0.00% |
| Symbol | Naranja |
Naranja Standard '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 Naranja Standard's fund 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 Naranja Standard.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Naranja Standard on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Naranja Standard Poors or generate 0.0% return on investment in Naranja Standard over 480 days.
Naranja Standard 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 Naranja Standard's fund 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 Naranja Standard Poors upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7218 | |||
| Information Ratio | 0.1189 | |||
| Maximum Drawdown | 5.37 | |||
| Value At Risk | (0.80) | |||
| Potential Upside | 1.14 |
Naranja Standard Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Naranja Standard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Naranja Standard's standard deviation. In reality, there are many statistical measures that can use Naranja Standard historical prices to predict the future Naranja Standard's volatility.| Risk Adjusted Performance | 0.1957 | |||
| Jensen Alpha | 0.1936 | |||
| Total Risk Alpha | 0.0817 | |||
| Sortino Ratio | 0.1365 | |||
| Treynor Ratio | 1.26 |
Naranja Standard Poors Backtested Returns
Naranja Standard appears to be very steady, given 3 months investment horizon. Naranja Standard Poors has Sharpe Ratio of 0.26, which conveys that the entity had a 0.26% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Naranja Standard, which you can use to evaluate the volatility of the fund. Please exercise Naranja Standard's Risk Adjusted Performance of 0.1957, downside deviation of 0.7218, and Mean Deviation of 0.5483 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Naranja Standard's returns are expected to increase less than the market. However, during the bear market, the loss of holding Naranja Standard is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
Naranja Standard Poors has good predictability. Overlapping area represents the amount of predictability between Naranja Standard time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 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 Naranja Standard Poors price movement. The serial correlation of 0.78 indicates that around 78.0% of current Naranja Standard price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 39.0 |
Naranja Standard Poors lagged returns against current returns
Autocorrelation, which is Naranja Standard fund'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 Naranja Standard's fund expected returns. We can calculate the autocorrelation of Naranja Standard returns to help us make a trade decision. For example, suppose you find that Naranja Standard has exhibited high autocorrelation historically, and you observe that the fund 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 |
Naranja Standard 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 Naranja Standard fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Naranja Standard fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Naranja Standard fund over time.
Current vs Lagged Prices |
| Timeline |
Naranja Standard Lagged Returns
When evaluating Naranja Standard's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Naranja Standard fund have on its future price. Naranja Standard 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, Naranja Standard autocorrelation shows the relationship between Naranja Standard fund current value and its past values and can show if there is a momentum factor associated with investing in Naranja Standard Poors.
Regressed Prices |
| Timeline |
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