Zambal Spain (Spain) Market Value
| YZBL Stock | EUR 0.94 0.01 1.05% |
| Symbol | Zambal |
Zambal Spain '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 Zambal Spain'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 Zambal Spain.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Zambal Spain on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Zambal Spain Socimi or generate 0.0% return on investment in Zambal Spain over 30 days. Zambal Spain is related to or competes with Metrovacesa, Elecnor SA, Mapfre, Amper SA, Atrys Health, Cellnex Telecom, and Industria. More
Zambal Spain 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 Zambal Spain'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 Zambal Spain Socimi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 11.3 | |||
| Value At Risk | (2.00) |
Zambal Spain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zambal Spain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zambal Spain's standard deviation. In reality, there are many statistical measures that can use Zambal Spain historical prices to predict the future Zambal Spain's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 2.74 |
Zambal Spain Socimi Backtested Returns
Zambal Spain Socimi shows Sharpe Ratio of -0.21, which attests that the company had a -0.21% return per unit of risk over the last 3 months. Zambal Spain Socimi exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zambal Spain's Mean Deviation of 0.5344, market risk adjusted performance of 2.75, and Standard Deviation of 1.45 to validate the risk estimate we provide. The firm maintains a market beta of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Zambal Spain are expected to decrease at a much lower rate. During the bear market, Zambal Spain is likely to outperform the market. At this point, Zambal Spain Socimi has a negative expected return of -0.3%. Please make sure to check out Zambal Spain's skewness, accumulation distribution, and the relationship between the maximum drawdown and kurtosis , to decide if Zambal Spain Socimi performance from the past will be repeated at some point in the near future.
Auto-correlation | 1.00 |
Perfect predictability
Zambal Spain Socimi has perfect predictability. Overlapping area represents the amount of predictability between Zambal Spain time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Zambal Spain Socimi price movement. The serial correlation of 1.0 indicates that 100.0% of current Zambal Spain price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Zambal Spain Socimi lagged returns against current returns
Autocorrelation, which is Zambal Spain 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 Zambal Spain's stock expected returns. We can calculate the autocorrelation of Zambal Spain returns to help us make a trade decision. For example, suppose you find that Zambal Spain 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 |
Zambal Spain 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 Zambal Spain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zambal Spain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zambal Spain stock over time.
Current vs Lagged Prices |
| Timeline |
Zambal Spain Lagged Returns
When evaluating Zambal Spain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zambal Spain stock have on its future price. Zambal Spain 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, Zambal Spain autocorrelation shows the relationship between Zambal Spain stock current value and its past values and can show if there is a momentum factor associated with investing in Zambal Spain 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 Zambal Stock
Zambal Spain financial ratios help investors to determine whether Zambal 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 Zambal with respect to the benefits of owning Zambal Spain security.