Corem Property (Sweden) Market Value
| CORE-PREF | SEK 262.00 5.50 2.14% |
| 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.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Corem Property on October 24, 2024 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 30 days. Corem Property is related to or competes with Fastighets, Dios Fastigheter, Corem Property, and Atrium Ljungberg. 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.
| Downside Deviation | 1.4 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 7.92 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 2.33 |
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 | 0.0359 | |||
| Jensen Alpha | 0.011 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1596 |
Corem Property Group Backtested Returns
Currently, Corem Property Group is very steady. Corem Property Group secures Sharpe Ratio (or Efficiency) of 0.0218, which signifies that the company had a 0.0218% return per unit of risk over the last 3 months. We have found thirty technical indicators for Corem Property Group, which you can use to evaluate the volatility of the firm. Please confirm Corem Property's Mean Deviation of 0.9733, risk adjusted performance of 0.0359, and Downside Deviation of 1.4 to double-check if the risk estimate we provide is consistent with the expected return of 0.0289%. Corem Property has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. 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. Corem Property Group right now shows a risk of 1.32%. Please confirm Corem Property Group jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Corem Property Group will be following its price patterns.
Auto-correlation | 0.58 |
Modest predictability
Corem Property Group has modest predictability. Overlapping area represents the amount of predictability between Corem Property time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 0.58 indicates that roughly 58.0% of current Corem Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 12.33 |
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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Additional Tools for Corem Stock Analysis
When running Corem Property's price analysis, check to measure Corem Property's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corem Property is operating at the current time. Most of Corem Property's value examination focuses on studying past and present price action to predict the probability of Corem Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corem Property's price. Additionally, you may evaluate how the addition of Corem Property to your portfolios can decrease your overall portfolio volatility.