Esfera Robotics (Germany) Market Value
| 0P00017QSQ | EUR 355.07 1.47 0.41% |
| Symbol | Esfera |
Esfera Robotics '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 Esfera Robotics' 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 Esfera Robotics.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Esfera Robotics on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Esfera Robotics R or generate 0.0% return on investment in Esfera Robotics over 30 days. Esfera Robotics is related to or competes with R Co, IE00B0H4TS55, and Echiquier Entrepreneurs. Se podr invertir entre el 0-100 percent de la exposicin total en renta variable yo renta fija , no existiendo objetivo p... More
Esfera Robotics 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 Esfera Robotics' 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 Esfera Robotics R upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9976 | |||
| Information Ratio | 0.134 | |||
| Maximum Drawdown | 5.84 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.73 |
Esfera Robotics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Esfera Robotics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Esfera Robotics' standard deviation. In reality, there are many statistical measures that can use Esfera Robotics historical prices to predict the future Esfera Robotics' volatility.| Risk Adjusted Performance | 0.195 | |||
| Jensen Alpha | 0.2478 | |||
| Total Risk Alpha | 0.0942 | |||
| Sortino Ratio | 0.1497 | |||
| Treynor Ratio | 1.48 |
Esfera Robotics R Backtested Returns
Esfera Robotics appears to be very steady, given 3 months investment horizon. Esfera Robotics R secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the fund had a 0.26% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Esfera Robotics R, which you can use to evaluate the volatility of the entity. Please utilize Esfera Robotics' Mean Deviation of 0.8279, coefficient of variation of 398.43, and Downside Deviation of 0.9976 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, Esfera Robotics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Esfera Robotics is expected to be smaller as well.
Auto-correlation | 0.85 |
Very good predictability
Esfera Robotics R has very good predictability. Overlapping area represents the amount of predictability between Esfera Robotics time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 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 Esfera Robotics R price movement. The serial correlation of 0.85 indicates that around 85.0% of current Esfera Robotics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 22.85 |
Esfera Robotics R lagged returns against current returns
Autocorrelation, which is Esfera Robotics 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 Esfera Robotics' fund expected returns. We can calculate the autocorrelation of Esfera Robotics returns to help us make a trade decision. For example, suppose you find that Esfera Robotics 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 |
Esfera Robotics 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 Esfera Robotics fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Esfera Robotics fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Esfera Robotics fund over time.
Current vs Lagged Prices |
| Timeline |
Esfera Robotics Lagged Returns
When evaluating Esfera Robotics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Esfera Robotics fund have on its future price. Esfera Robotics 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, Esfera Robotics autocorrelation shows the relationship between Esfera Robotics fund current value and its past values and can show if there is a momentum factor associated with investing in Esfera Robotics R.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Esfera Fund
Esfera Robotics financial ratios help investors to determine whether Esfera Fund 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 Esfera with respect to the benefits of owning Esfera Robotics security.
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