Metrovacesa (Spain) Market Value
| MVC Stock | EUR 8.76 0.03 0.34% |
| Symbol | Metrovacesa |
Metrovacesa '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 Metrovacesa'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 Metrovacesa.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Metrovacesa on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Metrovacesa SA or generate 0.0% return on investment in Metrovacesa over 720 days. Metrovacesa is related to or competes with NH Hoteles, Fomento De, Inmobiliaria Colonial, Aedas Homes, and Indra A. Metrovacesa S.A. operates as a real estate development company in Spain More
Metrovacesa 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 Metrovacesa'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 Metrovacesa SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9067 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.85 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.76 |
Metrovacesa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metrovacesa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metrovacesa's standard deviation. In reality, there are many statistical measures that can use Metrovacesa historical prices to predict the future Metrovacesa's volatility.| Risk Adjusted Performance | 0.0671 | |||
| Jensen Alpha | 0.0569 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.4217 |
Metrovacesa SA Backtested Returns
At this point, Metrovacesa is not too volatile. Metrovacesa SA has Sharpe Ratio of 0.0768, which conveys that the firm had a 0.0768% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Metrovacesa, which you can use to evaluate the volatility of the firm. Please verify Metrovacesa's Downside Deviation of 0.9067, mean deviation of 0.7884, and Risk Adjusted Performance of 0.0671 to check out if the risk estimate we provide is consistent with the expected return of 0.0747%. Metrovacesa has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Metrovacesa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metrovacesa is expected to be smaller as well. Metrovacesa SA right now secures a risk of 0.97%. Please verify Metrovacesa SA downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to decide if Metrovacesa SA will be following its current price movements.
Auto-correlation | 0.59 |
Modest predictability
Metrovacesa SA has modest predictability. Overlapping area represents the amount of predictability between Metrovacesa time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Metrovacesa SA price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Metrovacesa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Metrovacesa SA lagged returns against current returns
Autocorrelation, which is Metrovacesa 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 Metrovacesa's stock expected returns. We can calculate the autocorrelation of Metrovacesa returns to help us make a trade decision. For example, suppose you find that Metrovacesa 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 |
Metrovacesa 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 Metrovacesa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metrovacesa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metrovacesa stock over time.
Current vs Lagged Prices |
| Timeline |
Metrovacesa Lagged Returns
When evaluating Metrovacesa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metrovacesa stock have on its future price. Metrovacesa 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, Metrovacesa autocorrelation shows the relationship between Metrovacesa stock current value and its past values and can show if there is a momentum factor associated with investing in Metrovacesa SA.
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 Metrovacesa Stock
Metrovacesa financial ratios help investors to determine whether Metrovacesa 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 Metrovacesa with respect to the benefits of owning Metrovacesa security.