Unibail Rodamco's market value is the price at which a share of Unibail Rodamco trades on a public exchange. It measures the collective expectations of Unibail Rodamco Westfield investors about its performance. Unibail Rodamco is trading at 77.56 as of the 25th of November 2024, a 3.14 percent increase since the beginning of the trading day. The stock's open price was 75.2. With this module, you can estimate the performance of a buy and hold strategy of Unibail Rodamco Westfield and determine expected loss or profit from investing in Unibail Rodamco over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Unibail
Unibail Rodamco '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 Unibail Rodamco'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 Unibail Rodamco.
0.00
10/26/2024
No Change 0.00
0.0
In 31 days
11/25/2024
0.00
If you would invest 0.00 in Unibail Rodamco on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Unibail Rodamco Westfield or generate 0.0% return on investment in Unibail Rodamco over 30 days.
Unibail Rodamco 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 Unibail Rodamco'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 Unibail Rodamco Westfield upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unibail Rodamco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unibail Rodamco's standard deviation. In reality, there are many statistical measures that can use Unibail Rodamco historical prices to predict the future Unibail Rodamco's volatility.
At this point, Unibail Rodamco is very steady. Unibail Rodamco Westfield owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0871, which indicates the firm had a 0.0871% return per unit of risk over the last 3 months. We have found thirty technical indicators for Unibail Rodamco Westfield, which you can use to evaluate the volatility of the company. Please validate Unibail Rodamco's Coefficient Of Variation of 1022.71, semi deviation of 1.09, and Risk Adjusted Performance of 0.079 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Unibail Rodamco has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Unibail Rodamco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Unibail Rodamco is expected to be smaller as well. Unibail Rodamco Westfield right now has a risk of 1.28%. Please validate Unibail Rodamco sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Unibail Rodamco will be following its existing price patterns.
Auto-correlation
-0.54
Good reverse predictability
Unibail Rodamco Westfield has good reverse predictability. Overlapping area represents the amount of predictability between Unibail Rodamco time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Unibail Rodamco Westfield price movement. The serial correlation of -0.54 indicates that about 54.0% of current Unibail Rodamco price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.54
Spearman Rank Test
-0.78
Residual Average
0.0
Price Variance
2.65
Unibail Rodamco Westfield lagged returns against current returns
Autocorrelation, which is Unibail Rodamco 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 Unibail Rodamco's stock expected returns. We can calculate the autocorrelation of Unibail Rodamco returns to help us make a trade decision. For example, suppose you find that Unibail Rodamco 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
Unibail Rodamco 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 Unibail Rodamco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unibail Rodamco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unibail Rodamco stock over time.
Current vs Lagged Prices
Timeline
Unibail Rodamco Lagged Returns
When evaluating Unibail Rodamco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unibail Rodamco stock have on its future price. Unibail Rodamco 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, Unibail Rodamco autocorrelation shows the relationship between Unibail Rodamco stock current value and its past values and can show if there is a momentum factor associated with investing in Unibail Rodamco Westfield.
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.