ACS Actividades (Spain) Market Value
| ACS Stock | EUR 54.50 0.90 1.68% |
| Symbol | ACS |
ACS Actividades '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 ACS Actividades' 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 ACS Actividades.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in ACS Actividades on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding ACS Actividades de or generate 0.0% return on investment in ACS Actividades over 90 days. ACS Actividades is related to or competes with Mapfre, Enags SA, Ferrovial, Endesa SA, and Acerinox. ACS, Actividades de Construccin y Servicios, S.A More
ACS Actividades 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 ACS Actividades' 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 ACS Actividades de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.2185 | |||
| Maximum Drawdown | 9.17 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 1.74 |
ACS Actividades Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACS Actividades' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACS Actividades' standard deviation. In reality, there are many statistical measures that can use ACS Actividades historical prices to predict the future ACS Actividades' volatility.| Risk Adjusted Performance | 0.1396 | |||
| Jensen Alpha | 0.2938 | |||
| Total Risk Alpha | 0.4291 | |||
| Sortino Ratio | 0.2424 | |||
| Treynor Ratio | 0.4181 |
ACS Actividades de Backtested Returns
ACS Actividades appears to be very steady, given 3 months investment horizon. ACS Actividades de secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ACS Actividades de, which you can use to evaluate the volatility of the entity. Please makes use of ACS Actividades' Coefficient Of Variation of 644.31, mean deviation of 1.09, and Semi Deviation of 1.2 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ACS Actividades holds a performance score of 11. The firm shows a Beta (market volatility) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ACS Actividades' returns are expected to increase less than the market. However, during the bear market, the loss of holding ACS Actividades is expected to be smaller as well. Please check ACS Actividades' value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to make a quick decision on whether ACS Actividades' price patterns will revert.
Auto-correlation | 0.79 |
Good predictability
ACS Actividades de has good predictability. Overlapping area represents the amount of predictability between ACS Actividades time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 ACS Actividades de price movement. The serial correlation of 0.79 indicates that around 79.0% of current ACS Actividades price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 3.44 |
ACS Actividades de lagged returns against current returns
Autocorrelation, which is ACS Actividades 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 ACS Actividades' stock expected returns. We can calculate the autocorrelation of ACS Actividades returns to help us make a trade decision. For example, suppose you find that ACS Actividades 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 |
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ACS Actividades 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 ACS Actividades stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACS Actividades stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACS Actividades stock over time.
Current vs Lagged Prices |
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ACS Actividades Lagged Returns
When evaluating ACS Actividades' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACS Actividades stock have on its future price. ACS Actividades 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, ACS Actividades autocorrelation shows the relationship between ACS Actividades stock current value and its past values and can show if there is a momentum factor associated with investing in ACS Actividades de.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in ACS Stock
ACS Actividades financial ratios help investors to determine whether ACS 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 ACS with respect to the benefits of owning ACS Actividades security.