Budapesti Ingatlan (Hungary) Market Value
| BIF Stock | 504.00 2.00 0.40% |
| Symbol | Budapesti |
Budapesti Ingatlan '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 Budapesti Ingatlan'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 Budapesti Ingatlan.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Budapesti Ingatlan on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Budapesti Ingatlan Hasznositasi or generate 0.0% return on investment in Budapesti Ingatlan over 90 days. Budapesti Ingatlan is related to or competes with CIG Pannonia, AKKO Invest, and ALTEO Energiaszolgalta. More
Budapesti Ingatlan 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 Budapesti Ingatlan'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 Budapesti Ingatlan Hasznositasi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.17 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.92 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 3.17 |
Budapesti Ingatlan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Budapesti Ingatlan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Budapesti Ingatlan's standard deviation. In reality, there are many statistical measures that can use Budapesti Ingatlan historical prices to predict the future Budapesti Ingatlan's volatility.| Risk Adjusted Performance | 0.016 | |||
| Jensen Alpha | 0.0191 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.52) |
Budapesti Ingatlan Backtested Returns
Budapesti Ingatlan secures Sharpe Ratio (or Efficiency) of -0.006, which signifies that the company had a -0.006% return per unit of standard deviation over the last 3 months. Budapesti Ingatlan Hasznositasi exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Budapesti Ingatlan's risk adjusted performance of 0.016, and Mean Deviation of 1.43 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0299, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Budapesti Ingatlan are expected to decrease at a much lower rate. During the bear market, Budapesti Ingatlan is likely to outperform the market. At this point, Budapesti Ingatlan has a negative expected return of -0.012%. Please make sure to confirm Budapesti Ingatlan's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Budapesti Ingatlan performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Budapesti Ingatlan Hasznositasi has good reverse predictability. Overlapping area represents the amount of predictability between Budapesti Ingatlan time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Budapesti Ingatlan price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Budapesti Ingatlan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 230.03 |
Budapesti Ingatlan lagged returns against current returns
Autocorrelation, which is Budapesti Ingatlan 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 Budapesti Ingatlan's stock expected returns. We can calculate the autocorrelation of Budapesti Ingatlan returns to help us make a trade decision. For example, suppose you find that Budapesti Ingatlan 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 |
Budapesti Ingatlan 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 Budapesti Ingatlan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Budapesti Ingatlan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Budapesti Ingatlan stock over time.
Current vs Lagged Prices |
| Timeline |
Budapesti Ingatlan Lagged Returns
When evaluating Budapesti Ingatlan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Budapesti Ingatlan stock have on its future price. Budapesti Ingatlan 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, Budapesti Ingatlan autocorrelation shows the relationship between Budapesti Ingatlan stock current value and its past values and can show if there is a momentum factor associated with investing in Budapesti Ingatlan Hasznositasi.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Budapesti Stock
Budapesti Ingatlan financial ratios help investors to determine whether Budapesti 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 Budapesti with respect to the benefits of owning Budapesti Ingatlan security.