Pacteo Actions (Germany) Market Value
| 0P00008W4A | EUR 16.45 0.25 1.50% |
| Symbol | Pacteo |
Pacteo Actions '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 Pacteo Actions' 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 Pacteo Actions.
| 06/24/2024 |
| 12/21/2024 |
If you would invest 0.00 in Pacteo Actions on June 24, 2024 and sell it all today you would earn a total of 0.00 from holding Pacteo Actions Europe or generate 0.0% return on investment in Pacteo Actions over 180 days. Pacteo Actions is related to or competes with Esfera Robotics, R Co, IE00B0H4TS55, and Echiquier Entrepreneurs. Pacteo Actions is traded on Frankfurt Stock Exchange in Germany. More
Pacteo Actions 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 Pacteo Actions' 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 Pacteo Actions Europe upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 3.31 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 0.9877 |
Pacteo Actions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacteo Actions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacteo Actions' standard deviation. In reality, there are many statistical measures that can use Pacteo Actions historical prices to predict the future Pacteo Actions' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.46) |
Pacteo Actions Europe Backtested Returns
Pacteo Actions Europe maintains Sharpe Ratio (i.e., Efficiency) of -0.0105, which implies the entity had a -0.0105% return per unit of risk over the last 3 months. Pacteo Actions Europe exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pacteo Actions' Variance of 0.5129, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,784) to confirm the risk estimate we provide. The fund holds a Beta of 0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pacteo Actions' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacteo Actions is expected to be smaller as well.
Auto-correlation | 0.23 |
Weak predictability
Pacteo Actions Europe has weak predictability. Overlapping area represents the amount of predictability between Pacteo Actions time series from 24th of June 2024 to 22nd of September 2024 and 22nd of September 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 Pacteo Actions Europe price movement. The serial correlation of 0.23 indicates that over 23.0% of current Pacteo Actions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Pacteo Actions Europe lagged returns against current returns
Autocorrelation, which is Pacteo Actions 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 Pacteo Actions' fund expected returns. We can calculate the autocorrelation of Pacteo Actions returns to help us make a trade decision. For example, suppose you find that Pacteo Actions 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 |
Pacteo Actions 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 Pacteo Actions fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacteo Actions fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacteo Actions fund over time.
Current vs Lagged Prices |
| Timeline |
Pacteo Actions Lagged Returns
When evaluating Pacteo Actions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacteo Actions fund have on its future price. Pacteo Actions 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, Pacteo Actions autocorrelation shows the relationship between Pacteo Actions fund current value and its past values and can show if there is a momentum factor associated with investing in Pacteo Actions Europe.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Pacteo Fund
Pacteo Actions financial ratios help investors to determine whether Pacteo 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 Pacteo with respect to the benefits of owning Pacteo Actions security.
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