Immobiliere Distri (Belgium) Market Value
| DISL Etf | EUR 192.00 0.00 0.00% |
| Symbol | Immobiliere |
Immobiliere Distri '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 Immobiliere Distri's etf 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 Immobiliere Distri.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Immobiliere Distri on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Immobiliere Distri Land NV or generate 0.0% return on investment in Immobiliere Distri over 360 days. Immobiliere Distri is related to or competes with Lyxor BEL, Exmar NV, Iep Invest, Unifiedpost Group, Montea CVA, Biocartis Group, and Elia Group. DISTRI LAND is traded on Brussels Stock Exchange in Belgium. More
Immobiliere Distri 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 Immobiliere Distri's etf 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 Immobiliere Distri Land NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 8.88 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 0.9709 |
Immobiliere Distri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Immobiliere Distri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Immobiliere Distri's standard deviation. In reality, there are many statistical measures that can use Immobiliere Distri historical prices to predict the future Immobiliere Distri's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 2.69 |
Immobiliere Distri Land Backtested Returns
Immobiliere Distri Land holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Immobiliere Distri Land exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Immobiliere Distri's Market Risk Adjusted Performance of 2.7, risk adjusted performance of (0.08), and Standard Deviation of 1.4 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.061, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Immobiliere Distri are expected to decrease at a much lower rate. During the bear market, Immobiliere Distri is likely to outperform the market.
Auto-correlation | 0.28 |
Poor predictability
Immobiliere Distri Land NV has poor predictability. Overlapping area represents the amount of predictability between Immobiliere Distri time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Immobiliere Distri Land price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Immobiliere Distri price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 42.03 |
Immobiliere Distri Land lagged returns against current returns
Autocorrelation, which is Immobiliere Distri etf'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 Immobiliere Distri's etf expected returns. We can calculate the autocorrelation of Immobiliere Distri returns to help us make a trade decision. For example, suppose you find that Immobiliere Distri has exhibited high autocorrelation historically, and you observe that the etf 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 |
Immobiliere Distri 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 Immobiliere Distri etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Immobiliere Distri etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Immobiliere Distri etf over time.
Current vs Lagged Prices |
| Timeline |
Immobiliere Distri Lagged Returns
When evaluating Immobiliere Distri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Immobiliere Distri etf have on its future price. Immobiliere Distri 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, Immobiliere Distri autocorrelation shows the relationship between Immobiliere Distri etf current value and its past values and can show if there is a momentum factor associated with investing in Immobiliere Distri Land NV.
Regressed Prices |
| Timeline |
Pair Trading with Immobiliere Distri
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Immobiliere Distri position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Immobiliere Distri will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Immobiliere Distri could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Immobiliere Distri when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Immobiliere Distri - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Immobiliere Distri Land NV to buy it.
The correlation of Immobiliere Distri is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Immobiliere Distri moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Immobiliere Distri Land moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Immobiliere Distri can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Immobiliere Etf
Immobiliere Distri financial ratios help investors to determine whether Immobiliere Etf 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 Immobiliere with respect to the benefits of owning Immobiliere Distri security.