Compania Espanola (Spain) Market Value
| CEV Stock | EUR 7.40 0.10 1.37% |
| Symbol | Compania |
Compania Espanola '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 Compania Espanola'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 Compania Espanola.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Compania Espanola on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Compania Espanola de or generate 0.0% return on investment in Compania Espanola over 180 days. Compania Espanola is related to or competes with Aedas Homes, Parlem Telecom, Bankinter, and Plasticos Compuestos. Compaa Espaola de Viviendas en Alquiler S.A., a holding company, engages in the real estate business in Spain More
Compania Espanola 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 Compania Espanola'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 Compania Espanola de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0705 | |||
| Maximum Drawdown | 28.66 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 5.71 |
Compania Espanola Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compania Espanola's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compania Espanola's standard deviation. In reality, there are many statistical measures that can use Compania Espanola historical prices to predict the future Compania Espanola's volatility.| Risk Adjusted Performance | 0.094 | |||
| Jensen Alpha | 0.3728 | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (2.76) |
Compania Espanola Backtested Returns
Compania Espanola appears to be slightly risky, given 3 months investment horizon. Compania Espanola 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. We have found twenty-three technical indicators for Compania Espanola de, which you can use to evaluate the volatility of the firm. Please makes use of Compania Espanola's Standard Deviation of 3.24, risk adjusted performance of 0.094, and Mean Deviation of 1.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Compania Espanola holds a performance score of 8. 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, returns on owning Compania Espanola are expected to decrease at a much lower rate. During the bear market, Compania Espanola is likely to outperform the market. Please check Compania Espanola's treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Compania Espanola's price patterns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Compania Espanola de has insignificant reverse predictability. Overlapping area represents the amount of predictability between Compania Espanola time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Compania Espanola price movement. The serial correlation of -0.17 indicates that over 17.0% of current Compania Espanola price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Compania Espanola lagged returns against current returns
Autocorrelation, which is Compania Espanola 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 Compania Espanola's stock expected returns. We can calculate the autocorrelation of Compania Espanola returns to help us make a trade decision. For example, suppose you find that Compania Espanola 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 |
Compania Espanola 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 Compania Espanola stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compania Espanola stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compania Espanola stock over time.
Current vs Lagged Prices |
| Timeline |
Compania Espanola Lagged Returns
When evaluating Compania Espanola's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compania Espanola stock have on its future price. Compania Espanola 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, Compania Espanola autocorrelation shows the relationship between Compania Espanola stock current value and its past values and can show if there is a momentum factor associated with investing in Compania Espanola de.
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 Compania Stock
Compania Espanola financial ratios help investors to determine whether Compania 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 Compania with respect to the benefits of owning Compania Espanola security.