Ebro Foods (Germany) Market Value
| AZU Stock | EUR 15.80 0.04 0.25% |
| Symbol | Ebro |
Ebro Foods '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 Ebro Foods' 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 Ebro Foods.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Ebro Foods on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Ebro Foods SA or generate 0.0% return on investment in Ebro Foods over 30 days. Ebro Foods is related to or competes with Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, INTUITIVE SURGICAL, BANK HANDLOWY, Reliance Steel, and Meli Hotels. Ebro Foods, S.A. produces and sells food products in Europe, North America, Asia, and Africa More
Ebro Foods 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 Ebro Foods' 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 Ebro Foods SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.51 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.75 |
Ebro Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ebro Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ebro Foods' standard deviation. In reality, there are many statistical measures that can use Ebro Foods historical prices to predict the future Ebro Foods' volatility.| Risk Adjusted Performance | 0.0225 | |||
| Jensen Alpha | 0.0335 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.07) |
Ebro Foods SA Backtested Returns
At this point, Ebro Foods is very steady. Ebro Foods SA secures Sharpe Ratio (or Efficiency) of 0.0109, which denotes the company had a 0.0109% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ebro Foods SA, which you can use to evaluate the volatility of the firm. Please confirm Ebro Foods' Downside Deviation of 1.02, coefficient of variation of 3692.7, and Mean Deviation of 0.7139 to check if the risk estimate we provide is consistent with the expected return of 0.0104%. The firm shows a Beta (market volatility) of -0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ebro Foods are expected to decrease at a much lower rate. During the bear market, Ebro Foods is likely to outperform the market. Ebro Foods SA right now shows a risk of 0.95%. Please confirm Ebro Foods SA total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to decide if Ebro Foods SA will be following its price patterns.
Auto-correlation | -0.57 |
Good reverse predictability
Ebro Foods SA has good reverse predictability. Overlapping area represents the amount of predictability between Ebro Foods time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Ebro Foods SA price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Ebro Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Ebro Foods SA lagged returns against current returns
Autocorrelation, which is Ebro Foods 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 Ebro Foods' stock expected returns. We can calculate the autocorrelation of Ebro Foods returns to help us make a trade decision. For example, suppose you find that Ebro Foods 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 |
Ebro Foods 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 Ebro Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ebro Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ebro Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Ebro Foods Lagged Returns
When evaluating Ebro Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ebro Foods stock have on its future price. Ebro Foods 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, Ebro Foods autocorrelation shows the relationship between Ebro Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Ebro Foods SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ebro Stock
Ebro Foods financial ratios help investors to determine whether Ebro 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 Ebro with respect to the benefits of owning Ebro Foods security.