Mi Proyecto (Spain) Market Value
| 0P0000UUV8 | 1.41 0.00 0.00% |
| Symbol | 0P0000UUV8 |
Mi Proyecto '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 Mi Proyecto'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 Mi Proyecto.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Mi Proyecto on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Mi Proyecto Santander or generate 0.0% return on investment in Mi Proyecto over 30 days.
Mi Proyecto 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 Mi Proyecto'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 Mi Proyecto Santander upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8263 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 2.94 | |||
| Value At Risk | (0.74) | |||
| Potential Upside | 0.7519 |
Mi Proyecto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mi Proyecto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mi Proyecto's standard deviation. In reality, there are many statistical measures that can use Mi Proyecto historical prices to predict the future Mi Proyecto's volatility.| Risk Adjusted Performance | 0.0836 | |||
| Jensen Alpha | 0.0432 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.4559 |
Mi Proyecto Santander Backtested Returns
Currently, Mi Proyecto Santander is somewhat reliable. Mi Proyecto Santander retains Efficiency (Sharpe Ratio) of 0.14, which conveys that the entity had a 0.14% return per unit of price deviation over the last 3 months. We have found twenty-four technical indicators for Mi Proyecto, which you can use to evaluate the volatility of the fund. Please verify Mi Proyecto's Market Risk Adjusted Performance of 0.4659, standard deviation of 0.5985, and Mean Deviation of 0.4479 to check out if the risk estimate we provide is consistent with the expected return of 0.0839%. The fund owns a Beta (Systematic Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mi Proyecto's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mi Proyecto is expected to be smaller as well.
Auto-correlation | 0.84 |
Very good predictability
Mi Proyecto Santander has very good predictability. Overlapping area represents the amount of predictability between Mi Proyecto time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Mi Proyecto Santander price movement. The serial correlation of 0.84 indicates that around 84.0% of current Mi Proyecto price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mi Proyecto Santander lagged returns against current returns
Autocorrelation, which is Mi Proyecto 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 Mi Proyecto's fund expected returns. We can calculate the autocorrelation of Mi Proyecto returns to help us make a trade decision. For example, suppose you find that Mi Proyecto 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 |
Mi Proyecto 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 Mi Proyecto fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mi Proyecto fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mi Proyecto fund over time.
Current vs Lagged Prices |
| Timeline |
Mi Proyecto Lagged Returns
When evaluating Mi Proyecto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mi Proyecto fund have on its future price. Mi Proyecto 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, Mi Proyecto autocorrelation shows the relationship between Mi Proyecto fund current value and its past values and can show if there is a momentum factor associated with investing in Mi Proyecto Santander.
Regressed Prices |
| Timeline |
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