BBVA Telecomunicacion (Germany) Market Value
| 0P000011YA | EUR 30.14 0.06 0.20% |
| Symbol | BBVA |
BBVA Telecomunicacion '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 BBVA Telecomunicacion's fund 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 BBVA Telecomunicacion.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in BBVA Telecomunicacion on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding BBVA Telecomunicaciones PP or generate 0.0% return on investment in BBVA Telecomunicacion over 30 days. BBVA Telecomunicacion is related to or competes with Lyxor 1, Xtrackers LevDAX, and Xtrackers ShortDAX. El fondo invierte ms del 75 percent en activos de renta variable, pertenecientes principalmente, al sector de telecomuni... More
BBVA Telecomunicacion 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 BBVA Telecomunicacion's fund 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 BBVA Telecomunicaciones PP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.1441 | |||
| Maximum Drawdown | 5.78 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.32 |
BBVA Telecomunicacion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BBVA Telecomunicacion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BBVA Telecomunicacion's standard deviation. In reality, there are many statistical measures that can use BBVA Telecomunicacion historical prices to predict the future BBVA Telecomunicacion's volatility.| Risk Adjusted Performance | 0.1434 | |||
| Jensen Alpha | 0.1426 | |||
| Total Risk Alpha | 0.1281 | |||
| Sortino Ratio | 0.1217 | |||
| Treynor Ratio | 0.3078 |
BBVA Telecomunicaciones Backtested Returns
At this point, BBVA Telecomunicacion is very steady. BBVA Telecomunicaciones secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for BBVA Telecomunicaciones PP, which you can use to evaluate the volatility of the entity. Please confirm BBVA Telecomunicacion's Market Risk Adjusted Performance of 0.3178, mean deviation of 0.6168, and Coefficient Of Variation of 557.44 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. The entity shows a Beta (market volatility) of 0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BBVA Telecomunicacion's returns are expected to increase less than the market. However, during the bear market, the loss of holding BBVA Telecomunicacion is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
BBVA Telecomunicaciones PP has poor reverse predictability. Overlapping area represents the amount of predictability between BBVA Telecomunicacion time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st of December 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 BBVA Telecomunicaciones price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current BBVA Telecomunicacion price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
BBVA Telecomunicaciones lagged returns against current returns
Autocorrelation, which is BBVA Telecomunicacion fund'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 BBVA Telecomunicacion's fund expected returns. We can calculate the autocorrelation of BBVA Telecomunicacion returns to help us make a trade decision. For example, suppose you find that BBVA Telecomunicacion has exhibited high autocorrelation historically, and you observe that the fund 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 |
BBVA Telecomunicacion 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 BBVA Telecomunicacion fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BBVA Telecomunicacion fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BBVA Telecomunicacion fund over time.
Current vs Lagged Prices |
| Timeline |
BBVA Telecomunicacion Lagged Returns
When evaluating BBVA Telecomunicacion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BBVA Telecomunicacion fund have on its future price. BBVA Telecomunicacion 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, BBVA Telecomunicacion autocorrelation shows the relationship between BBVA Telecomunicacion fund current value and its past values and can show if there is a momentum factor associated with investing in BBVA Telecomunicaciones PP.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BBVA Fund
BBVA Telecomunicacion financial ratios help investors to determine whether BBVA Fund 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 BBVA with respect to the benefits of owning BBVA Telecomunicacion security.
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