Arrienda Rental's market value is the price at which a share of Arrienda Rental trades on a public exchange. It measures the collective expectations of Arrienda Rental Properties investors about its performance. Arrienda Rental is trading at 2.88 as of the 23rd of November 2024, a No Change since the beginning of the trading day. The stock's open price was 2.88. With this module, you can estimate the performance of a buy and hold strategy of Arrienda Rental Properties and determine expected loss or profit from investing in Arrienda Rental over a given investment horizon. Check out Arrienda Rental Correlation, Arrienda Rental Volatility and Arrienda Rental Alpha and Beta module to complement your research on Arrienda Rental.
Please note, there is a significant difference between Arrienda Rental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrienda Rental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrienda Rental'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.
Arrienda Rental '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 Arrienda Rental'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 Arrienda Rental.
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10/24/2024
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11/23/2024
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If you would invest 0.00 in Arrienda Rental on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Arrienda Rental Properties or generate 0.0% return on investment in Arrienda Rental over 30 days. Arrienda Rental is related to or competes with Tier1 Technology. More
Arrienda Rental 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 Arrienda Rental'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 Arrienda Rental Properties 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 Arrienda Rental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arrienda Rental's standard deviation. In reality, there are many statistical measures that can use Arrienda Rental historical prices to predict the future Arrienda Rental's volatility.
At this point, Arrienda Rental is very steady. Arrienda Rental Prop secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Arrienda Rental Properties, which you can use to evaluate the volatility of the firm. Please confirm Arrienda Rental's Risk Adjusted Performance of 0.0167, standard deviation of 0.0867, and Mean Deviation of 0.0212 to double-check if the risk estimate we provide is consistent with the expected return of 0.0108%. Arrienda Rental has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0087, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Arrienda Rental are expected to decrease at a much lower rate. During the bear market, Arrienda Rental is likely to outperform the market. Arrienda Rental Prop right now shows a risk of 0.0867%. Please confirm Arrienda Rental Prop standard deviation, information ratio, and the relationship between the coefficient of variation and variance , to decide if Arrienda Rental Prop will be following its price patterns.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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Arrienda Rental Prop lagged returns against current returns
Autocorrelation, which is Arrienda Rental 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 Arrienda Rental's stock expected returns. We can calculate the autocorrelation of Arrienda Rental returns to help us make a trade decision. For example, suppose you find that Arrienda Rental 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
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Arrienda Rental 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 Arrienda Rental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arrienda Rental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arrienda Rental stock over time.
Current vs Lagged Prices
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Arrienda Rental Lagged Returns
When evaluating Arrienda Rental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arrienda Rental stock have on its future price. Arrienda Rental 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, Arrienda Rental autocorrelation shows the relationship between Arrienda Rental stock current value and its past values and can show if there is a momentum factor associated with investing in Arrienda Rental Properties.
Regressed Prices
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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.
Arrienda Rental financial ratios help investors to determine whether Arrienda 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 Arrienda with respect to the benefits of owning Arrienda Rental security.