Montebalito (Spain) Market Value
| MTB Stock | EUR 1.32 0.02 1.49% |
| Symbol | Montebalito |
Montebalito '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 Montebalito'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 Montebalito.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Montebalito on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Montebalito SA or generate 0.0% return on investment in Montebalito over 30 days. Montebalito is related to or competes with Realia, Inmobiliaria Del, Renta Corporacion, and Libertas 7. Montebalito, S.A. engages in real estate and renewable energy businesses in Sweden and internationally More
Montebalito 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 Montebalito'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 Montebalito SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.72 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.55 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 3.05 |
Montebalito Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Montebalito's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Montebalito's standard deviation. In reality, there are many statistical measures that can use Montebalito historical prices to predict the future Montebalito's volatility.| Risk Adjusted Performance | 0.0108 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0138 |
Montebalito SA Backtested Returns
At this point, Montebalito is risky. Montebalito SA has Sharpe Ratio of 0.0073, which conveys that the firm had a 0.0073% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Montebalito, which you can use to evaluate the volatility of the firm. Please verify Montebalito's Downside Deviation of 2.72, mean deviation of 0.8511, and Risk Adjusted Performance of 0.0108 to check out if the risk estimate we provide is consistent with the expected return of 0.0107%. The company secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Montebalito's returns are expected to increase less than the market. However, during the bear market, the loss of holding Montebalito is expected to be smaller as well. Montebalito SA right now secures a risk of 1.47%. Please verify Montebalito SA value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Montebalito SA will be following its current price movements.
Auto-correlation | -0.02 |
Very weak reverse predictability
Montebalito SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Montebalito time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Montebalito SA price movement. The serial correlation of -0.02 indicates that only 2.0% of current Montebalito price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Montebalito SA lagged returns against current returns
Autocorrelation, which is Montebalito 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 Montebalito's stock expected returns. We can calculate the autocorrelation of Montebalito returns to help us make a trade decision. For example, suppose you find that Montebalito 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 |
Montebalito 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 Montebalito stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Montebalito stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Montebalito stock over time.
Current vs Lagged Prices |
| Timeline |
Montebalito Lagged Returns
When evaluating Montebalito's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Montebalito stock have on its future price. Montebalito 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, Montebalito autocorrelation shows the relationship between Montebalito stock current value and its past values and can show if there is a momentum factor associated with investing in Montebalito SA.
Regressed Prices |
| Timeline |
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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 Montebalito Stock
Montebalito financial ratios help investors to determine whether Montebalito 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 Montebalito with respect to the benefits of owning Montebalito security.