Indexa Ms (Spain) Market Value
| 0P0001971O | 20.81 0.11 0.53% |
| Symbol | Indexa |
Indexa Ms '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 Indexa Ms' 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 Indexa Ms.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Indexa Ms on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Indexa Ms Rentabilidad or generate 0.0% return on investment in Indexa Ms over 90 days.
Indexa Ms 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 Indexa Ms' 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 Indexa Ms Rentabilidad upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.021 | |||
| Maximum Drawdown | 3.19 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.03 |
Indexa Ms Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indexa Ms' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Indexa Ms' standard deviation. In reality, there are many statistical measures that can use Indexa Ms historical prices to predict the future Indexa Ms' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.0026 | |||
| Treynor Ratio | (0.54) |
Indexa Ms Rentabilidad Backtested Returns
Indexa Ms Rentabilidad holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11 % return per unit of risk over the last 3 months. Indexa Ms Rentabilidad exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indexa Ms' Risk Adjusted Performance of (0.1), market risk adjusted performance of (0.53), and Standard Deviation of 0.7632 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Indexa Ms' returns are expected to increase less than the market. However, during the bear market, the loss of holding Indexa Ms is expected to be smaller as well.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Indexa Ms Rentabilidad has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Indexa Ms time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Indexa Ms Rentabilidad price movement. The serial correlation of -0.78 indicates that around 78.0% of current Indexa Ms price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Indexa Ms Rentabilidad lagged returns against current returns
Autocorrelation, which is Indexa Ms 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 Indexa Ms' fund expected returns. We can calculate the autocorrelation of Indexa Ms returns to help us make a trade decision. For example, suppose you find that Indexa Ms 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 |
Indexa Ms 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 Indexa Ms fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Indexa Ms fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Indexa Ms fund over time.
Current vs Lagged Prices |
| Timeline |
Indexa Ms Lagged Returns
When evaluating Indexa Ms' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Indexa Ms fund have on its future price. Indexa Ms 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, Indexa Ms autocorrelation shows the relationship between Indexa Ms fund current value and its past values and can show if there is a momentum factor associated with investing in Indexa Ms Rentabilidad.
Regressed Prices |
| Timeline |
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