Obrascon Huarte (UK) Market Value
| 0MKG Stock | 0.36 0.01 2.86% |
| Symbol | Obrascon |
Obrascon Huarte '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 Obrascon Huarte'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 Obrascon Huarte.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Obrascon Huarte on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Obrascon Huarte Lain or generate 0.0% return on investment in Obrascon Huarte over 30 days. Obrascon Huarte is related to or competes with AfriTin Mining, Central Asia, Allianz Technology, Innovative Industrial, Microchip Technology, Polar Capital, and METALL ZUG. Obrascon Huarte is entity of United Kingdom More
Obrascon Huarte 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 Obrascon Huarte'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 Obrascon Huarte Lain upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.32 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 3.13 |
Obrascon Huarte Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Obrascon Huarte's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Obrascon Huarte's standard deviation. In reality, there are many statistical measures that can use Obrascon Huarte historical prices to predict the future Obrascon Huarte's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (1.53) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Obrascon Huarte's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Obrascon Huarte Lain Backtested Returns
Obrascon Huarte Lain maintains Sharpe Ratio (i.e., Efficiency) of -0.0438, which implies the firm had a -0.0438% return per unit of risk over the last 3 months. Obrascon Huarte Lain exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Obrascon Huarte's Variance of 5.28, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,345) to confirm the risk estimate we provide. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Obrascon Huarte's returns are expected to increase less than the market. However, during the bear market, the loss of holding Obrascon Huarte is expected to be smaller as well. Obrascon Huarte Lain has an expected return of -0.1%. Please make sure to check Obrascon Huarte Lain treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Obrascon Huarte Lain performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.52 |
Good reverse predictability
Obrascon Huarte Lain has good reverse predictability. Overlapping area represents the amount of predictability between Obrascon Huarte time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th of May 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 Obrascon Huarte Lain price movement. The serial correlation of -0.52 indicates that about 52.0% of current Obrascon Huarte price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Obrascon Huarte Lain lagged returns against current returns
Autocorrelation, which is Obrascon Huarte 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 Obrascon Huarte's stock expected returns. We can calculate the autocorrelation of Obrascon Huarte returns to help us make a trade decision. For example, suppose you find that Obrascon Huarte 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 |
Obrascon Huarte 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 Obrascon Huarte stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Obrascon Huarte stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Obrascon Huarte stock over time.
Current vs Lagged Prices |
| Timeline |
Obrascon Huarte Lagged Returns
When evaluating Obrascon Huarte's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Obrascon Huarte stock have on its future price. Obrascon Huarte 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, Obrascon Huarte autocorrelation shows the relationship between Obrascon Huarte stock current value and its past values and can show if there is a momentum factor associated with investing in Obrascon Huarte Lain.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Obrascon Huarte Correlation, Obrascon Huarte Volatility and Obrascon Huarte Alpha and Beta module to complement your research on Obrascon Huarte. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Obrascon Stock analysis
When running Obrascon Huarte's price analysis, check to measure Obrascon Huarte's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Obrascon Huarte is operating at the current time. Most of Obrascon Huarte's value examination focuses on studying past and present price action to predict the probability of Obrascon Huarte's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Obrascon Huarte's price. Additionally, you may evaluate how the addition of Obrascon Huarte to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Stocks Directory Find actively traded stocks across global markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
Obrascon Huarte technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.