Castellana Properties (Spain) Market Value
| YCPS Stock | EUR 7.00 0.20 2.94% |
| Symbol | Castellana |
Castellana Properties '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 Castellana Properties' 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 Castellana Properties.
| 09/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Castellana Properties on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Castellana Properties Socimi or generate 0.0% return on investment in Castellana Properties over 60 days. Castellana Properties is related to or competes with Tier1 Technology, and Metrovacesa. operates as a subsidiary of Vukile Property Fund Limited More
Castellana Properties 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 Castellana Properties' 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 Castellana Properties Socimi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 2.29 |
Castellana Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Castellana Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Castellana Properties' standard deviation. In reality, there are many statistical measures that can use Castellana Properties historical prices to predict the future Castellana Properties' volatility.| Risk Adjusted Performance | 0.1545 | |||
| Jensen Alpha | 0.1058 | |||
| Total Risk Alpha | 0.0185 | |||
| Treynor Ratio | (0.76) |
Castellana Properties Backtested Returns
At this point, Castellana Properties is very steady. Castellana Properties secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. We have found twenty technical indicators for Castellana Properties Socimi, which you can use to evaluate the volatility of the firm. Please confirm Castellana Properties' Mean Deviation of 0.1945, standard deviation of 0.4873, and Risk Adjusted Performance of 0.1545 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. Castellana Properties has a performance score of 16 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Castellana Properties are expected to decrease at a much lower rate. During the bear market, Castellana Properties is likely to outperform the market. Castellana Properties right now shows a risk of 0.49%. Please confirm Castellana Properties daily balance of power, day median price, and the relationship between the accumulation distribution and rate of daily change , to decide if Castellana Properties will be following its price patterns.
Auto-correlation | 0.46 |
Average predictability
Castellana Properties Socimi has average predictability. Overlapping area represents the amount of predictability between Castellana Properties time series from 30th of September 2024 to 30th of October 2024 and 30th of October 2024 to 29th 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 Castellana Properties price movement. The serial correlation of 0.46 indicates that about 46.0% of current Castellana Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Castellana Properties lagged returns against current returns
Autocorrelation, which is Castellana Properties 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 Castellana Properties' stock expected returns. We can calculate the autocorrelation of Castellana Properties returns to help us make a trade decision. For example, suppose you find that Castellana Properties 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 |
Castellana Properties 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 Castellana Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Castellana Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Castellana Properties stock over time.
Current vs Lagged Prices |
| Timeline |
Castellana Properties Lagged Returns
When evaluating Castellana Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Castellana Properties stock have on its future price. Castellana Properties 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, Castellana Properties autocorrelation shows the relationship between Castellana Properties stock current value and its past values and can show if there is a momentum factor associated with investing in Castellana Properties Socimi.
Regressed Prices |
| Timeline |
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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 Castellana Stock
Castellana Properties financial ratios help investors to determine whether Castellana 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 Castellana with respect to the benefits of owning Castellana Properties security.