Finizens Decidido (Spain) Market Value
| 0P0001971P | 15.35 0.07 0.45% |
| Symbol | Finizens |
Finizens Decidido '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 Finizens Decidido'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 Finizens Decidido.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Finizens Decidido on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Finizens Decidido Pp or generate 0.0% return on investment in Finizens Decidido over 30 days.
Finizens Decidido 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 Finizens Decidido'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 Finizens Decidido Pp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.521 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 2.36 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.9642 |
Finizens Decidido Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Finizens Decidido's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Finizens Decidido's standard deviation. In reality, there are many statistical measures that can use Finizens Decidido historical prices to predict the future Finizens Decidido's volatility.| Risk Adjusted Performance | 0.1107 | |||
| Jensen Alpha | 0.078 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (1.22) |
Finizens Decidido Backtested Returns
At this point, Finizens Decidido is very steady. Finizens Decidido secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the fund had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Finizens Decidido Pp, which you can use to evaluate the volatility of the entity. Please confirm Finizens Decidido's Coefficient Of Variation of 629.04, mean deviation of 0.3929, and Downside Deviation of 0.521 to check if the risk estimate we provide is consistent with the expected return of 0.087%. The fund shows a Beta (market volatility) of -0.0583, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Finizens Decidido are expected to decrease at a much lower rate. During the bear market, Finizens Decidido is likely to outperform the market.
Auto-correlation | 0.06 |
Virtually no predictability
Finizens Decidido Pp has virtually no predictability. Overlapping area represents the amount of predictability between Finizens Decidido time series from 11th of November 2024 to 26th of November 2024 and 26th of November 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 Finizens Decidido price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Finizens Decidido price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Finizens Decidido lagged returns against current returns
Autocorrelation, which is Finizens Decidido 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 Finizens Decidido's fund expected returns. We can calculate the autocorrelation of Finizens Decidido returns to help us make a trade decision. For example, suppose you find that Finizens Decidido 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 |
Finizens Decidido 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 Finizens Decidido fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Finizens Decidido fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Finizens Decidido fund over time.
Current vs Lagged Prices |
| Timeline |
Finizens Decidido Lagged Returns
When evaluating Finizens Decidido's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Finizens Decidido fund have on its future price. Finizens Decidido 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, Finizens Decidido autocorrelation shows the relationship between Finizens Decidido fund current value and its past values and can show if there is a momentum factor associated with investing in Finizens Decidido Pp.
Regressed Prices |
| Timeline |
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