Link Real (Germany) Market Value
| L5R Stock | EUR 4.15 0.04 0.95% |
| Symbol | Link |
Link Real '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 Link Real'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 Link Real.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Link Real on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Link Real Estate or generate 0.0% return on investment in Link Real over 180 days. Link Real is related to or competes with Hyatt Hotels, NH HOTEL, Host Hotels, Meli Hotels, Tsingtao Brewery, and MIRAMAR HOTEL. Link Real Estate Investment Trust , is managed by Link Asset Management Limited More
Link Real 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 Link Real'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 Link Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.106 | |||
| Maximum Drawdown | 39.09 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 3.46 |
Link Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Link Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Link Real's standard deviation. In reality, there are many statistical measures that can use Link Real historical prices to predict the future Link Real's volatility.| Risk Adjusted Performance | 0.1107 | |||
| Jensen Alpha | 0.7839 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.3236 | |||
| Treynor Ratio | (0.64) |
Link Real Estate Backtested Returns
Link Real appears to be risky, given 3 months investment horizon. Link Real Estate has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Link Real's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please exercise Link Real's Risk Adjusted Performance of 0.1107, mean deviation of 1.81, and Downside Deviation of 1.63 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Link Real holds a performance score of 10. The company secures a Beta (Market Risk) of -1.02, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Link Real are expected to decrease slowly. On the other hand, during market turmoil, Link Real is expected to outperform it slightly. Please check Link Real's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Link Real's current price movements will revert.
Auto-correlation | 0.44 |
Average predictability
Link Real Estate has average predictability. Overlapping area represents the amount of predictability between Link Real time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Link Real Estate price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Link Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Link Real Estate lagged returns against current returns
Autocorrelation, which is Link Real 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 Link Real's stock expected returns. We can calculate the autocorrelation of Link Real returns to help us make a trade decision. For example, suppose you find that Link Real 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 |
Link Real 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 Link Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Link Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Link Real stock over time.
Current vs Lagged Prices |
| Timeline |
Link Real Lagged Returns
When evaluating Link Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Link Real stock have on its future price. Link Real 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, Link Real autocorrelation shows the relationship between Link Real stock current value and its past values and can show if there is a momentum factor associated with investing in Link Real Estate.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Link Stock
Link Real financial ratios help investors to determine whether Link 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 Link with respect to the benefits of owning Link Real security.