Realia (Spain) Market Value
| RLIA Stock | EUR 1.00 0.01 0.99% |
| Symbol | Realia |
Realia '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 Realia'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 Realia.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Realia on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Realia or generate 0.0% return on investment in Realia over 30 days. Realia is related to or competes with Banco Santander, Banco Bilbao, Caixabank, Banco De, Iberdrola, Telefonica, and Bankinter. Realia Business, S.A., together with its subsidiaries, engages in property management and homebuilding activities in Spa... More
Realia 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 Realia'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 Realia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.88 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 16.2 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.06 |
Realia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Realia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Realia's standard deviation. In reality, there are many statistical measures that can use Realia historical prices to predict the future Realia's volatility.| Risk Adjusted Performance | 0.0249 | |||
| Jensen Alpha | 0.0805 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.08) |
Realia Backtested Returns
At this point, Realia is very risky. Realia maintains Sharpe Ratio (i.e., Efficiency) of 6.0E-4, which implies the firm had a 6.0E-4% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Realia, which you can use to evaluate the volatility of the company. Please check Realia's Coefficient Of Variation of 4008.65, risk adjusted performance of 0.0249, and Semi Deviation of 1.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.0011%. The company holds a Beta of -0.49, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Realia are expected to decrease at a much lower rate. During the bear market, Realia is likely to outperform the market. Realia right now holds a risk of 1.88%. Please check Realia semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Realia will be following its historical price patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
Realia has very weak reverse predictability. Overlapping area represents the amount of predictability between Realia time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 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 Realia price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Realia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Realia lagged returns against current returns
Autocorrelation, which is Realia 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 Realia's stock expected returns. We can calculate the autocorrelation of Realia returns to help us make a trade decision. For example, suppose you find that Realia 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 |
Realia 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 Realia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Realia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Realia stock over time.
Current vs Lagged Prices |
| Timeline |
Realia Lagged Returns
When evaluating Realia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Realia stock have on its future price. Realia 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, Realia autocorrelation shows the relationship between Realia stock current value and its past values and can show if there is a momentum factor associated with investing in Realia.
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 Realia Stock
Realia financial ratios help investors to determine whether Realia 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 Realia with respect to the benefits of owning Realia security.