Novavest Real (Switzerland) Market Value
| NREN Stock | CHF 39.90 0.10 0.25% |
| Symbol | Novavest |
Novavest 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 Novavest 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 Novavest Real.
| 01/26/2024 |
| 01/15/2026 |
If you would invest 0.00 in Novavest Real on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Novavest Real Estate or generate 0.0% return on investment in Novavest Real over 720 days. Novavest Real is related to or competes with SF Urban, Peach Property, Fundamenta Real, Warteck Invest, Zueblin Immobilien, Varia Properties, and Plazza AG. Novavest Real Estate AG engages in the real estate activities in Switzerland More
Novavest 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 Novavest 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 Novavest Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.694 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.05 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.01 |
Novavest Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Novavest Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Novavest Real's standard deviation. In reality, there are many statistical measures that can use Novavest Real historical prices to predict the future Novavest Real's volatility.| Risk Adjusted Performance | 0.059 | |||
| Jensen Alpha | 0.0354 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.7 |
Novavest Real Estate Backtested Returns
At this stage we consider Novavest Stock to be very steady. Novavest Real Estate has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Novavest Real, which you can use to evaluate the volatility of the firm. Please verify Novavest Real's Risk Adjusted Performance of 0.059, downside deviation of 0.694, and Mean Deviation of 0.4312 to check out if the risk estimate we provide is consistent with the expected return of 0.0636%. Novavest Real has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.06, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Novavest Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Novavest Real is expected to be smaller as well. Novavest Real Estate right now secures a risk of 0.63%. Please verify Novavest Real Estate treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Novavest Real Estate will be following its current price movements.
Auto-correlation | 0.23 |
Weak predictability
Novavest Real Estate has weak predictability. Overlapping area represents the amount of predictability between Novavest Real time series from 26th of January 2024 to 20th of January 2025 and 20th of January 2025 to 15th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Novavest Real Estate price movement. The serial correlation of 0.23 indicates that over 23.0% of current Novavest Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 3.6 |
Novavest Real Estate lagged returns against current returns
Autocorrelation, which is Novavest 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 Novavest Real's stock expected returns. We can calculate the autocorrelation of Novavest Real returns to help us make a trade decision. For example, suppose you find that Novavest 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 |
Novavest 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 Novavest Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Novavest Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Novavest Real stock over time.
Current vs Lagged Prices |
| Timeline |
Novavest Real Lagged Returns
When evaluating Novavest Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Novavest Real stock have on its future price. Novavest 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, Novavest Real autocorrelation shows the relationship between Novavest Real stock current value and its past values and can show if there is a momentum factor associated with investing in Novavest Real Estate.
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.Additional Tools for Novavest Stock Analysis
When running Novavest Real's price analysis, check to measure Novavest Real'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 Novavest Real is operating at the current time. Most of Novavest Real's value examination focuses on studying past and present price action to predict the probability of Novavest Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novavest Real's price. Additionally, you may evaluate how the addition of Novavest Real to your portfolios can decrease your overall portfolio volatility.