Azaria Rental (Spain) Market Value
| YAZR Stock | EUR 8.40 0.30 3.45% |
| Symbol | Azaria |
Please note, there is a significant difference between Azaria Rental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azaria Rental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azaria 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.
Azaria 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 Azaria 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 Azaria Rental.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Azaria Rental on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Azaria Rental SOCIMI or generate 0.0% return on investment in Azaria Rental over 720 days. Azaria Rental is related to or competes with Borges Agricultural, All Iron, Atresmedia Corporacin, Bankinter, Ebro Foods, and Tier1 Technology. More
Azaria 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 Azaria 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 Azaria Rental SOCIMI upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 3.57 |
Azaria Rental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Azaria Rental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Azaria Rental's standard deviation. In reality, there are many statistical measures that can use Azaria Rental historical prices to predict the future Azaria Rental's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 1.28 |
Azaria Rental SOCIMI Backtested Returns
Azaria Rental SOCIMI secures Sharpe Ratio (or Efficiency) of -0.0684, which signifies that the company had a -0.0684% return per unit of standard deviation over the last 3 months. Azaria Rental SOCIMI exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Azaria Rental's risk adjusted performance of (0.05), and Mean Deviation of 0.2059 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0471, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Azaria Rental are expected to decrease at a much lower rate. During the bear market, Azaria Rental is likely to outperform the market. At this point, Azaria Rental SOCIMI has a negative expected return of -0.052%. Please make sure to confirm Azaria Rental's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Azaria Rental SOCIMI performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Azaria Rental SOCIMI has no correlation between past and present. Overlapping area represents the amount of predictability between Azaria Rental time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Azaria Rental SOCIMI price movement. The serial correlation of 0.0 indicates that just 0.0% of current Azaria Rental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Azaria Rental SOCIMI lagged returns against current returns
Autocorrelation, which is Azaria 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 Azaria Rental's stock expected returns. We can calculate the autocorrelation of Azaria Rental returns to help us make a trade decision. For example, suppose you find that Azaria 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 |
| Timeline |
Azaria 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 Azaria Rental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Azaria Rental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Azaria Rental stock over time.
Current vs Lagged Prices |
| Timeline |
Azaria Rental Lagged Returns
When evaluating Azaria Rental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Azaria Rental stock have on its future price. Azaria 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, Azaria Rental autocorrelation shows the relationship between Azaria Rental stock current value and its past values and can show if there is a momentum factor associated with investing in Azaria Rental SOCIMI.
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 Azaria Stock
Azaria Rental financial ratios help investors to determine whether Azaria 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 Azaria with respect to the benefits of owning Azaria Rental security.