Eurocastle Investment (Netherlands) Market Value
| ECT Stock | EUR 5.50 0.00 0.00% |
| Symbol | Eurocastle |
Eurocastle Investment '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 Eurocastle Investment'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 Eurocastle Investment.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Eurocastle Investment on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Eurocastle Investment or generate 0.0% return on investment in Eurocastle Investment over 90 days. Eurocastle Investment is related to or competes with Tetragon Financial, and Ctac NV. More
Eurocastle Investment 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 Eurocastle Investment'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 Eurocastle Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 14.17 | |||
| Value At Risk | (9.49) | |||
| Potential Upside | 2.5 |
Eurocastle Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eurocastle Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eurocastle Investment's standard deviation. In reality, there are many statistical measures that can use Eurocastle Investment historical prices to predict the future Eurocastle Investment's volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (1.09) | |||
| Total Risk Alpha | (1.70) | |||
| Treynor Ratio | 2.68 |
Eurocastle Investment Backtested Returns
Eurocastle Investment secures Sharpe Ratio (or Efficiency) of -0.3, which denotes the company had a -0.3% return per unit of risk over the last 3 months. Eurocastle Investment exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eurocastle Investment's Mean Deviation of 2.57, variance of 13.86, and Standard Deviation of 3.72 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.42, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Eurocastle Investment are expected to decrease at a much lower rate. During the bear market, Eurocastle Investment is likely to outperform the market. At this point, Eurocastle Investment has a negative expected return of -1.13%. Please make sure to confirm Eurocastle Investment's value at risk, skewness, and the relationship between the total risk alpha and potential upside , to decide if Eurocastle Investment performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.96 |
Excellent predictability
Eurocastle Investment has excellent predictability. Overlapping area represents the amount of predictability between Eurocastle Investment time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th 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 Eurocastle Investment price movement. The serial correlation of 0.96 indicates that 96.0% of current Eurocastle Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.96 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Eurocastle Investment lagged returns against current returns
Autocorrelation, which is Eurocastle Investment 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 Eurocastle Investment's stock expected returns. We can calculate the autocorrelation of Eurocastle Investment returns to help us make a trade decision. For example, suppose you find that Eurocastle Investment 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 |
Eurocastle Investment 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 Eurocastle Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eurocastle Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eurocastle Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Eurocastle Investment Lagged Returns
When evaluating Eurocastle Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eurocastle Investment stock have on its future price. Eurocastle Investment 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, Eurocastle Investment autocorrelation shows the relationship between Eurocastle Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Eurocastle Investment.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Eurocastle Stock Analysis
When running Eurocastle Investment's price analysis, check to measure Eurocastle Investment'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 Eurocastle Investment is operating at the current time. Most of Eurocastle Investment's value examination focuses on studying past and present price action to predict the probability of Eurocastle Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eurocastle Investment's price. Additionally, you may evaluate how the addition of Eurocastle Investment to your portfolios can decrease your overall portfolio volatility.