CENTURIA OFFICE (Germany) Market Value
| 47X Stock | 0.72 0.01 1.37% |
| Symbol | CENTURIA |
Please note, there is a significant difference between CENTURIA OFFICE's value and its price as these two are different measures arrived at by different means. Investors typically determine if CENTURIA OFFICE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CENTURIA OFFICE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
CENTURIA OFFICE '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 CENTURIA OFFICE'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 CENTURIA OFFICE.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in CENTURIA OFFICE on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding CENTURIA OFFICE REIT or generate 0.0% return on investment in CENTURIA OFFICE over 30 days. CENTURIA OFFICE is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
CENTURIA OFFICE 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 CENTURIA OFFICE'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 CENTURIA OFFICE REIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.68 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.74 |
CENTURIA OFFICE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CENTURIA OFFICE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CENTURIA OFFICE's standard deviation. In reality, there are many statistical measures that can use CENTURIA OFFICE historical prices to predict the future CENTURIA OFFICE's volatility.| Risk Adjusted Performance | 0.0324 | |||
| Jensen Alpha | 0.0107 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1691 |
CENTURIA OFFICE REIT Backtested Returns
At this point, CENTURIA OFFICE is very risky. CENTURIA OFFICE REIT secures Sharpe Ratio (or Efficiency) of 0.0511, which signifies that the company had a 0.0511% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for CENTURIA OFFICE REIT, which you can use to evaluate the volatility of the firm. Please confirm CENTURIA OFFICE's mean deviation of 1.19, and Risk Adjusted Performance of 0.0324 to double-check if the risk estimate we provide is consistent with the expected return of 0.0751%. CENTURIA OFFICE has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CENTURIA OFFICE's returns are expected to increase less than the market. However, during the bear market, the loss of holding CENTURIA OFFICE is expected to be smaller as well. CENTURIA OFFICE REIT at this time shows a risk of 1.47%. Please confirm CENTURIA OFFICE REIT information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if CENTURIA OFFICE REIT will be following its price patterns.
Auto-correlation | -0.15 |
Insignificant reverse predictability
CENTURIA OFFICE REIT has insignificant reverse predictability. Overlapping area represents the amount of predictability between CENTURIA OFFICE time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 CENTURIA OFFICE REIT price movement. The serial correlation of -0.15 indicates that less than 15.0% of current CENTURIA OFFICE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CENTURIA OFFICE REIT lagged returns against current returns
Autocorrelation, which is CENTURIA OFFICE 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 CENTURIA OFFICE's stock expected returns. We can calculate the autocorrelation of CENTURIA OFFICE returns to help us make a trade decision. For example, suppose you find that CENTURIA OFFICE 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 |
CENTURIA OFFICE 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 CENTURIA OFFICE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CENTURIA OFFICE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CENTURIA OFFICE stock over time.
Current vs Lagged Prices |
| Timeline |
CENTURIA OFFICE Lagged Returns
When evaluating CENTURIA OFFICE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CENTURIA OFFICE stock have on its future price. CENTURIA OFFICE 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, CENTURIA OFFICE autocorrelation shows the relationship between CENTURIA OFFICE stock current value and its past values and can show if there is a momentum factor associated with investing in CENTURIA OFFICE REIT.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CENTURIA Stock
CENTURIA OFFICE financial ratios help investors to determine whether CENTURIA 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 CENTURIA with respect to the benefits of owning CENTURIA OFFICE security.