Mistral Patrimonio (Spain) Market Value
| YMPI Stock | 0.88 1.01 53.44% |
| Symbol | Mistral |
Mistral 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 Mistral 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 Mistral Patrimonio.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Mistral Patrimonio on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Mistral Patrimonio Inmobiliario or generate 0.0% return on investment in Mistral Patrimonio over 30 days. Mistral Patrimonio is related to or competes with Fidere Patrimonio, Metrovacesa, Elecnor SA, Mapfre, Amper SA, Altia Consultores, and Coca Cola. More
Mistral 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 Mistral 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 Mistral Patrimonio Inmobiliario upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 114.77 |
Mistral Patrimonio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mistral Patrimonio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mistral Patrimonio's standard deviation. In reality, there are many statistical measures that can use Mistral Patrimonio historical prices to predict the future Mistral Patrimonio's volatility.| Risk Adjusted Performance | 0.0128 | |||
| Jensen Alpha | 0.2125 | |||
| Total Risk Alpha | (2.76) | |||
| Treynor Ratio | (0.05) |
Mistral Patrimonio Backtested Returns
At this point, Mistral Patrimonio is out of control. Mistral Patrimonio has Sharpe Ratio of 0.0042, which conveys that the firm had a 0.0042% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Mistral Patrimonio, which you can use to evaluate the volatility of the firm. Please verify Mistral Patrimonio's Risk Adjusted Performance of 0.0128, standard deviation of 16.91, and Mean Deviation of 3.48 to check out if the risk estimate we provide is consistent with the expected return of 0.071%. The company secures a Beta (Market Risk) of -1.19, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Mistral Patrimonio are expected to decrease by larger amounts. On the other hand, during market turmoil, Mistral Patrimonio is expected to outperform it. Mistral Patrimonio right now secures a risk of 16.91%. Please verify Mistral Patrimonio Inmobiliario kurtosis, daily balance of power, day median price, as well as the relationship between the accumulation distribution and rate of daily change , to decide if Mistral Patrimonio Inmobiliario will be following its current price movements.
Auto-correlation | -0.26 |
Weak reverse predictability
Mistral Patrimonio Inmobiliario has weak reverse predictability. Overlapping area represents the amount of predictability between Mistral Patrimonio time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Mistral Patrimonio price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Mistral Patrimonio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Mistral Patrimonio lagged returns against current returns
Autocorrelation, which is Mistral 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 Mistral Patrimonio's stock expected returns. We can calculate the autocorrelation of Mistral Patrimonio returns to help us make a trade decision. For example, suppose you find that Mistral 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 |
Mistral 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 Mistral Patrimonio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mistral Patrimonio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mistral Patrimonio stock over time.
Current vs Lagged Prices |
| Timeline |
Mistral Patrimonio Lagged Returns
When evaluating Mistral Patrimonio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mistral Patrimonio stock have on its future price. Mistral 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, Mistral Patrimonio autocorrelation shows the relationship between Mistral Patrimonio stock current value and its past values and can show if there is a momentum factor associated with investing in Mistral Patrimonio Inmobiliario.
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 Mistral Stock
Mistral Patrimonio financial ratios help investors to determine whether Mistral 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 Mistral with respect to the benefits of owning Mistral Patrimonio security.