Domo Activos (Spain) Market Value
| DOMO Stock | 1.28 0.00 0.00% |
| Symbol | Domo |
Domo Activos '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 Domo Activos' 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 Domo Activos.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Domo Activos on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Domo Activos Socimi or generate 0.0% return on investment in Domo Activos over 570 days. Domo Activos is related to or competes with Metrovacesa, Elecnor SA, Mapfre, Amper SA, Altia Consultores, Coca Cola, and Atrys Health. More
Domo Activos 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 Domo Activos' 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 Domo Activos Socimi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 1.61 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.7874 |
Domo Activos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Domo Activos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Domo Activos' standard deviation. In reality, there are many statistical measures that can use Domo Activos historical prices to predict the future Domo Activos' volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | 0.0022 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 1.21 |
Domo Activos Socimi Backtested Returns
At this point, Domo Activos is somewhat reliable. Domo Activos Socimi secures Sharpe Ratio (or Efficiency) of 0.0383, which denotes the company had a 0.0383% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Domo Activos Socimi, which you can use to evaluate the volatility of the firm. Please confirm Domo Activos' Mean Deviation of 0.1199, variance of 0.1083, and Standard Deviation of 0.3292 to check if the risk estimate we provide is consistent with the expected return of 0.0128%. Domo Activos has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.002, which means not very significant fluctuations relative to the market. As returns on the market increase, Domo Activos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Domo Activos is expected to be smaller as well. Domo Activos Socimi right now shows a risk of 0.33%. Please confirm Domo Activos Socimi variance, jensen alpha, value at risk, as well as the relationship between the information ratio and maximum drawdown , to decide if Domo Activos Socimi will be following its price patterns.
Auto-correlation | 0.53 |
Modest predictability
Domo Activos Socimi has modest predictability. Overlapping area represents the amount of predictability between Domo Activos time series from 7th of May 2023 to 16th of February 2024 and 16th of February 2024 to 27th 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 Domo Activos Socimi price movement. The serial correlation of 0.53 indicates that about 53.0% of current Domo Activos price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Domo Activos Socimi lagged returns against current returns
Autocorrelation, which is Domo Activos 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 Domo Activos' stock expected returns. We can calculate the autocorrelation of Domo Activos returns to help us make a trade decision. For example, suppose you find that Domo Activos 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 |
Domo Activos 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 Domo Activos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Domo Activos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Domo Activos stock over time.
Current vs Lagged Prices |
| Timeline |
Domo Activos Lagged Returns
When evaluating Domo Activos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Domo Activos stock have on its future price. Domo Activos 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, Domo Activos autocorrelation shows the relationship between Domo Activos stock current value and its past values and can show if there is a momentum factor associated with investing in Domo Activos Socimi.
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 Domo Stock
Domo Activos financial ratios help investors to determine whether Domo 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 Domo with respect to the benefits of owning Domo Activos security.