Fidere Patrimonio (Spain) Market Value
| YFID Stock | EUR 30.60 1.40 4.79% |
| Symbol | Fidere |
Fidere Patrimonio '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 Fidere Patrimonio'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 Fidere Patrimonio.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Fidere Patrimonio on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Fidere Patrimonio SOCIMI or generate 0.0% return on investment in Fidere Patrimonio over 720 days. Fidere Patrimonio is related to or competes with Metrovacesa, Elecnor SA, Mapfre, Amper SA, Altia Consultores, Coca Cola, and Atrys Health. Fidere Patrimonio Socimi, S.A. operates as a real estate investment trust that engages in the acquisition and promotion ... More
Fidere Patrimonio 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 Fidere Patrimonio'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 Fidere Patrimonio SOCIMI upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 27.14 |
Fidere Patrimonio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidere Patrimonio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidere Patrimonio's standard deviation. In reality, there are many statistical measures that can use Fidere Patrimonio historical prices to predict the future Fidere Patrimonio's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | (2.23) |
Fidere Patrimonio SOCIMI Backtested Returns
Fidere Patrimonio SOCIMI secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Fidere Patrimonio SOCIMI exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fidere Patrimonio's Mean Deviation of 0.81, variance of 11.16, and Standard Deviation of 3.34 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidere Patrimonio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidere Patrimonio is expected to be smaller as well. At this point, Fidere Patrimonio SOCIMI has a negative expected return of -0.42%. Please make sure to confirm Fidere Patrimonio's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Fidere Patrimonio SOCIMI performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Fidere Patrimonio SOCIMI has very weak reverse predictability. Overlapping area represents the amount of predictability between Fidere Patrimonio time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Fidere Patrimonio SOCIMI price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Fidere Patrimonio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 15.59 |
Fidere Patrimonio SOCIMI lagged returns against current returns
Autocorrelation, which is Fidere Patrimonio 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 Fidere Patrimonio's stock expected returns. We can calculate the autocorrelation of Fidere Patrimonio returns to help us make a trade decision. For example, suppose you find that Fidere Patrimonio 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 |
Fidere Patrimonio 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 Fidere Patrimonio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidere Patrimonio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidere Patrimonio stock over time.
Current vs Lagged Prices |
| Timeline |
Fidere Patrimonio Lagged Returns
When evaluating Fidere Patrimonio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidere Patrimonio stock have on its future price. Fidere Patrimonio 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, Fidere Patrimonio autocorrelation shows the relationship between Fidere Patrimonio stock current value and its past values and can show if there is a momentum factor associated with investing in Fidere Patrimonio 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 Fidere Stock
Fidere Patrimonio financial ratios help investors to determine whether Fidere 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 Fidere with respect to the benefits of owning Fidere Patrimonio security.