Corporacion Financiera (Spain) Market Value
| ALB Stock | EUR 47.75 0.30 0.63% |
| Symbol | Corporacion |
Corporacion Financiera '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 Corporacion Financiera's stock 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 Corporacion Financiera.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Corporacion Financiera on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Corporacion Financiera Alba or generate 0.0% return on investment in Corporacion Financiera over 540 days. Corporacion Financiera is related to or competes with Miquel Y, Grupo Catalana, Construcciones, Prosegur, and Iberpapel Gestion. Corporacin Financiera Alba, S.A. is a private equity and venture capital firm specializing in early venture, mid venture... More
Corporacion Financiera 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 Corporacion Financiera's stock 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 Corporacion Financiera Alba upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 4.49 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.18 |
Corporacion Financiera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corporacion Financiera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Corporacion Financiera's standard deviation. In reality, there are many statistical measures that can use Corporacion Financiera historical prices to predict the future Corporacion Financiera's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.74) |
Corporacion Financiera Backtested Returns
Corporacion Financiera secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Corporacion Financiera Alba exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Corporacion Financiera's Mean Deviation of 0.6184, risk adjusted performance of (0.08), and Standard Deviation of 0.8143 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Corporacion Financiera's returns are expected to increase less than the market. However, during the bear market, the loss of holding Corporacion Financiera is expected to be smaller as well. At this point, Corporacion Financiera has a negative expected return of -0.0872%. Please make sure to confirm Corporacion Financiera's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Corporacion Financiera performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
Corporacion Financiera Alba has virtually no predictability. Overlapping area represents the amount of predictability between Corporacion Financiera time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Corporacion Financiera price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Corporacion Financiera price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 3.1 |
Corporacion Financiera lagged returns against current returns
Autocorrelation, which is Corporacion Financiera stock'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 Corporacion Financiera's stock expected returns. We can calculate the autocorrelation of Corporacion Financiera returns to help us make a trade decision. For example, suppose you find that Corporacion Financiera has exhibited high autocorrelation historically, and you observe that the stock 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 |
Corporacion Financiera 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 Corporacion Financiera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Corporacion Financiera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Corporacion Financiera stock over time.
Current vs Lagged Prices |
| Timeline |
Corporacion Financiera Lagged Returns
When evaluating Corporacion Financiera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Corporacion Financiera stock have on its future price. Corporacion Financiera 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, Corporacion Financiera autocorrelation shows the relationship between Corporacion Financiera stock current value and its past values and can show if there is a momentum factor associated with investing in Corporacion Financiera Alba.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Corporacion Stock
Corporacion Financiera financial ratios help investors to determine whether Corporacion Stock 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 Corporacion with respect to the benefits of owning Corporacion Financiera security.