Procimmo Real (Switzerland) Market Value
| PSCF Fund | CHF 154.00 1.00 0.65% |
| Symbol | Procimmo |
Please note, there is a significant difference between Procimmo Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Procimmo Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Procimmo Real's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Procimmo 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 Procimmo Real's fund 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 Procimmo Real.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Procimmo Real on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Procimmo Real Estate or generate 0.0% return on investment in Procimmo Real over 30 days. Procimmo Real is related to or competes with SPDR Dow, Baloise Holding, Autoneum Holding, Banque Cantonale, UBS ETF, Xtrackers MSCI, and BB Biotech. More
Procimmo 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 Procimmo Real's fund 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 Procimmo Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.87 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.32 |
Procimmo Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Procimmo Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Procimmo Real's standard deviation. In reality, there are many statistical measures that can use Procimmo Real historical prices to predict the future Procimmo Real's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.1878 |
Procimmo Real Estate Backtested Returns
Procimmo Real Estate maintains Sharpe Ratio (i.e., Efficiency) of -0.0419, which implies the entity had a -0.0419% return per unit of risk over the last 3 months. Procimmo Real Estate exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Procimmo Real's Variance of 0.7466, coefficient of variation of (5,446), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The fund holds a Beta of -0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Procimmo Real are expected to decrease at a much lower rate. During the bear market, Procimmo Real is likely to outperform the market.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Procimmo Real Estate has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Procimmo Real time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Procimmo Real Estate price movement. The serial correlation of -0.72 indicates that around 72.0% of current Procimmo Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 4.91 |
Procimmo Real Estate lagged returns against current returns
Autocorrelation, which is Procimmo Real fund'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 Procimmo Real's fund expected returns. We can calculate the autocorrelation of Procimmo Real returns to help us make a trade decision. For example, suppose you find that Procimmo Real has exhibited high autocorrelation historically, and you observe that the fund 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 |
Procimmo 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 Procimmo Real fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Procimmo Real fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Procimmo Real fund over time.
Current vs Lagged Prices |
| Timeline |
Procimmo Real Lagged Returns
When evaluating Procimmo Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Procimmo Real fund have on its future price. Procimmo 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, Procimmo Real autocorrelation shows the relationship between Procimmo Real fund current value and its past values and can show if there is a momentum factor associated with investing in Procimmo Real Estate.
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 Procimmo Fund
Procimmo Real financial ratios help investors to determine whether Procimmo Fund 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 Procimmo with respect to the benefits of owning Procimmo Real security.
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