Corem Property (Sweden) Market Value
| CORE-B Stock | SEK 7.06 0.07 1.00% |
| Symbol | Corem |
Corem Property '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 Corem Property'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 Corem Property.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Corem Property on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Corem Property Group or generate 0.0% return on investment in Corem Property over 540 days. Corem Property is related to or competes with Flexion Mobile, Nordic Iron, TF Bank, Maven Wireless, and Invisio Communications. Corem Property Group AB , a real estate company, acquires, develops, owns, and manages warehouse, logistics, and trading... More
Corem Property 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 Corem Property'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 Corem Property Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 15.43 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 3.91 |
Corem Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corem Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Corem Property's standard deviation. In reality, there are many statistical measures that can use Corem Property historical prices to predict the future Corem Property's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (0.75) |
Corem Property Group Backtested Returns
Corem Property Group secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Corem Property Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Corem Property's Mean Deviation of 1.9, risk adjusted performance of (0.13), and Standard Deviation of 2.61 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Corem Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding Corem Property is expected to be smaller as well. At this point, Corem Property Group has a negative expected return of -0.44%. Please make sure to confirm Corem Property's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Corem Property Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.44 |
Modest reverse predictability
Corem Property Group has modest reverse predictability. Overlapping area represents the amount of predictability between Corem Property time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th 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 Corem Property Group price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Corem Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1.06 |
Corem Property Group lagged returns against current returns
Autocorrelation, which is Corem Property 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 Corem Property's stock expected returns. We can calculate the autocorrelation of Corem Property returns to help us make a trade decision. For example, suppose you find that Corem Property 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 |
Corem Property 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 Corem Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Corem Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Corem Property stock over time.
Current vs Lagged Prices |
| Timeline |
Corem Property Lagged Returns
When evaluating Corem Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Corem Property stock have on its future price. Corem Property 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, Corem Property autocorrelation shows the relationship between Corem Property stock current value and its past values and can show if there is a momentum factor associated with investing in Corem Property Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Corem Stock
Corem Property financial ratios help investors to determine whether Corem 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 Corem with respect to the benefits of owning Corem Property security.