Consorcio Ara S Stock Market Value
| CNRFF Stock | USD 0.11 0.02 15.38% |
| Symbol | Consorcio |
Consorcio ARA '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 Consorcio ARA's otc 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 Consorcio ARA.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Consorcio ARA on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Consorcio ARA S or generate 0.0% return on investment in Consorcio ARA over 30 days. Consorcio ARA is related to or competes with Barratt Developments, Cyrela Brazil, Taylor Wimpey, Barratt Developments, Persimmon Plc, Taylor Wimpey, and Persimmon PLC. V., together with its subsidiaries, designs, develops, builds, and sells entry-level and middle-income residential housi... More
Consorcio ARA 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 Consorcio ARA's otc 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 Consorcio ARA S upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 76.7 | |||
| Value At Risk | (15.38) |
Consorcio ARA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Consorcio ARA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Consorcio ARA's standard deviation. In reality, there are many statistical measures that can use Consorcio ARA historical prices to predict the future Consorcio ARA's volatility.| Risk Adjusted Performance | 0.0023 | |||
| Jensen Alpha | 0.0142 | |||
| Total Risk Alpha | (1.73) | |||
| Treynor Ratio | 0.102 |
Consorcio ARA S Backtested Returns
Consorcio ARA S secures Sharpe Ratio (or Efficiency) of -0.0093, which signifies that the company had a -0.0093% return per unit of risk over the last 3 months. Consorcio ARA S exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Consorcio ARA's Risk Adjusted Performance of 0.0023, mean deviation of 3.44, and Standard Deviation of 10.77 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.06, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Consorcio ARA are expected to decrease slowly. On the other hand, during market turmoil, Consorcio ARA is expected to outperform it slightly. At this point, Consorcio ARA S has a negative expected return of -0.1%. Please make sure to confirm Consorcio ARA's treynor ratio and the relationship between the kurtosis and price action indicator , to decide if Consorcio ARA S performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.38 |
Poor reverse predictability
Consorcio ARA S has poor reverse predictability. Overlapping area represents the amount of predictability between Consorcio ARA time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Consorcio ARA S price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Consorcio ARA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Consorcio ARA S lagged returns against current returns
Autocorrelation, which is Consorcio ARA otc 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 Consorcio ARA's otc stock expected returns. We can calculate the autocorrelation of Consorcio ARA returns to help us make a trade decision. For example, suppose you find that Consorcio ARA has exhibited high autocorrelation historically, and you observe that the otc 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 |
Consorcio ARA 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 Consorcio ARA otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Consorcio ARA otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Consorcio ARA otc stock over time.
Current vs Lagged Prices |
| Timeline |
Consorcio ARA Lagged Returns
When evaluating Consorcio ARA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Consorcio ARA otc stock have on its future price. Consorcio ARA 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, Consorcio ARA autocorrelation shows the relationship between Consorcio ARA otc stock current value and its past values and can show if there is a momentum factor associated with investing in Consorcio ARA S.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Consorcio OTC Stock
Consorcio ARA financial ratios help investors to determine whether Consorcio OTC 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 Consorcio with respect to the benefits of owning Consorcio ARA security.