Meridia Real (Spain) Market Value
| YMRE Stock | EUR 0.87 0.01 1.16% |
| Symbol | Meridia |
Meridia Real '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 Meridia Real'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 Meridia Real.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Meridia Real on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Meridia Real Estate or generate 0.0% return on investment in Meridia Real over 540 days. Meridia Real is related to or competes with Zambal Spain, Lyxor UCITS, Metrovacesa, Hispanotels Inversiones, Mapfre, Amper SA, and Altia Consultores. More
Meridia Real 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 Meridia Real'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 Meridia Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0241 | |||
| Maximum Drawdown | 8.86 |
Meridia Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meridia Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meridia Real's standard deviation. In reality, there are many statistical measures that can use Meridia Real historical prices to predict the future Meridia Real's volatility.| Risk Adjusted Performance | 0.109 | |||
| Jensen Alpha | 0.1572 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (1.07) |
Meridia Real Estate Backtested Returns
At this point, Meridia Real is very risky. Meridia Real Estate has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Meridia Real, which you can use to evaluate the volatility of the firm. Please verify Meridia Real's Risk Adjusted Performance of 0.109, mean deviation of 0.2945, and Standard Deviation of 1.1 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. Meridia Real has a performance score of 11 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Meridia Real are expected to decrease at a much lower rate. During the bear market, Meridia Real is likely to outperform the market. Meridia Real Estate right now secures a risk of 1.11%. Please verify Meridia Real Estate mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if Meridia Real Estate will be following its current price movements.
Auto-correlation | -0.02 |
Very weak reverse predictability
Meridia Real Estate has very weak reverse predictability. Overlapping area represents the amount of predictability between Meridia Real time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Meridia Real Estate price movement. The serial correlation of -0.02 indicates that only 2.0% of current Meridia Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Meridia Real Estate lagged returns against current returns
Autocorrelation, which is Meridia Real 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 Meridia Real's stock expected returns. We can calculate the autocorrelation of Meridia Real returns to help us make a trade decision. For example, suppose you find that Meridia Real 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 |
Meridia Real 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 Meridia Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meridia Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meridia Real stock over time.
Current vs Lagged Prices |
| Timeline |
Meridia Real Lagged Returns
When evaluating Meridia Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meridia Real stock have on its future price. Meridia Real 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, Meridia Real autocorrelation shows the relationship between Meridia Real stock current value and its past values and can show if there is a momentum factor associated with investing in Meridia Real Estate.
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 Meridia Stock
Meridia Real financial ratios help investors to determine whether Meridia 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 Meridia with respect to the benefits of owning Meridia Real security.