Acciona Sa Stock Market Value
| ACXIF Stock | USD 124.30 6.30 5.34% |
| Symbol | Acciona |
Acciona SA '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 Acciona SA's pink sheet 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 Acciona SA.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in Acciona SA on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Acciona SA or generate 0.0% return on investment in Acciona SA over 360 days. Acciona SA is related to or competes with JGC Corp, ACS Actividades, Kajima Corp, ACS Actividades, Arcadis NV, and Badger Infrastructure. Acciona, S.A., together with its subsidiaries, engages in the energy, infrastructure, and other businesses in Spain and ... More
Acciona SA 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 Acciona SA's pink sheet 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 Acciona SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 15.6 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 3.2 |
Acciona SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acciona SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acciona SA's standard deviation. In reality, there are many statistical measures that can use Acciona SA historical prices to predict the future Acciona SA's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 1.25 |
Acciona SA Backtested Returns
Acciona SA secures Sharpe Ratio (or Efficiency) of -0.0749, which signifies that the company had a -0.0749% return per unit of standard deviation over the last 3 months. Acciona SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Acciona SA's risk adjusted performance of (0.05), and Mean Deviation of 1.21 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Acciona SA are expected to decrease at a much lower rate. During the bear market, Acciona SA is likely to outperform the market. At this point, Acciona SA has a negative expected return of -0.17%. Please make sure to confirm Acciona SA's treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if Acciona SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.72 |
Good predictability
Acciona SA has good predictability. Overlapping area represents the amount of predictability between Acciona SA time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 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 Acciona SA price movement. The serial correlation of 0.72 indicates that around 72.0% of current Acciona SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 17.82 |
Acciona SA lagged returns against current returns
Autocorrelation, which is Acciona SA pink sheet'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 Acciona SA's pink sheet expected returns. We can calculate the autocorrelation of Acciona SA returns to help us make a trade decision. For example, suppose you find that Acciona SA has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Acciona SA 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 Acciona SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acciona SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acciona SA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Acciona SA Lagged Returns
When evaluating Acciona SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acciona SA pink sheet have on its future price. Acciona SA 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, Acciona SA autocorrelation shows the relationship between Acciona SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Acciona SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Acciona Pink Sheet
Acciona SA financial ratios help investors to determine whether Acciona Pink Sheet 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 Acciona with respect to the benefits of owning Acciona SA security.