Immo Mcc (Belgium) Market Value
| MCC Stock | EUR 420.00 4.00 0.94% |
| Symbol | Immo |
Immo Mcc '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 Immo Mcc'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 Immo Mcc.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Immo Mcc on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Immo Mcc NV or generate 0.0% return on investment in Immo Mcc over 540 days. Immo Mcc is related to or competes with Immobiliere Distri, Immobel, Exmar NV, Iep Invest, Unifiedpost Group, Montea CVA, and Biocartis Group. Mechelen City Center NV operates as a subsidiary of KBC Bank NV More
Immo Mcc 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 Immo Mcc'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 Immo Mcc NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 7.05 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 2.21 |
Immo Mcc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Immo Mcc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Immo Mcc's standard deviation. In reality, there are many statistical measures that can use Immo Mcc historical prices to predict the future Immo Mcc's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (2.86) |
Immo Mcc NV Backtested Returns
Immo Mcc NV holds Efficiency (Sharpe) Ratio of -0.0729, which attests that the entity had a -0.0729% return per unit of risk over the last 3 months. Immo Mcc NV exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Immo Mcc's Risk Adjusted Performance of (0.03), standard deviation of 1.35, and Market Risk Adjusted Performance of (2.85) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0274, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Immo Mcc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Immo Mcc is expected to be smaller as well. At this point, Immo Mcc NV has a negative expected return of -0.0987%. Please make sure to check out Immo Mcc's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Immo Mcc NV performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Immo Mcc NV has poor reverse predictability. Overlapping area represents the amount of predictability between Immo Mcc time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Immo Mcc NV price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Immo Mcc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 126.44 |
Immo Mcc NV lagged returns against current returns
Autocorrelation, which is Immo Mcc 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 Immo Mcc's stock expected returns. We can calculate the autocorrelation of Immo Mcc returns to help us make a trade decision. For example, suppose you find that Immo Mcc 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 |
Immo Mcc 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 Immo Mcc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Immo Mcc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Immo Mcc stock over time.
Current vs Lagged Prices |
| Timeline |
Immo Mcc Lagged Returns
When evaluating Immo Mcc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Immo Mcc stock have on its future price. Immo Mcc 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, Immo Mcc autocorrelation shows the relationship between Immo Mcc stock current value and its past values and can show if there is a momentum factor associated with investing in Immo Mcc NV.
Regressed Prices |
| Timeline |
Pair Trading with Immo Mcc
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 Immo Mcc 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 Immo Mcc will appreciate offsetting losses from the drop in the long position's value.Moving together with Immo Stock
Moving against Immo Stock
The ability to find closely correlated positions to Immo Mcc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Immo Mcc 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 Immo Mcc - 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 Immo Mcc NV to buy it.
The correlation of Immo Mcc 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 Immo Mcc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Immo Mcc NV 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 Immo Mcc 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.Additional Tools for Immo Stock Analysis
When running Immo Mcc's price analysis, check to measure Immo Mcc'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 Immo Mcc is operating at the current time. Most of Immo Mcc's value examination focuses on studying past and present price action to predict the probability of Immo Mcc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immo Mcc's price. Additionally, you may evaluate how the addition of Immo Mcc to your portfolios can decrease your overall portfolio volatility.