ACANTHE DEVELOPPEM (Germany) Market Value
| ADX Stock | EUR 0.30 0.03 9.09% |
| Symbol | ACANTHE |
ACANTHE DEVELOPPEM '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 ACANTHE DEVELOPPEM'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 ACANTHE DEVELOPPEM.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in ACANTHE DEVELOPPEM on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding ACANTHE DEVELOPPEM ON or generate 0.0% return on investment in ACANTHE DEVELOPPEM over 390 days. ACANTHE DEVELOPPEM is related to or competes with Digital Realty, Gecina SA, Japan Real, Mirvac, SL Green, ORIX JREIT, and Kilroy Realty. ACANTHE DEVELOPPEMENT is an European and property company eligible for French SIIC tax status More
ACANTHE DEVELOPPEM 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 ACANTHE DEVELOPPEM'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 ACANTHE DEVELOPPEM ON upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 19.35 | |||
| Value At Risk | (6.06) | |||
| Potential Upside | 6.45 |
ACANTHE DEVELOPPEM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACANTHE DEVELOPPEM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACANTHE DEVELOPPEM's standard deviation. In reality, there are many statistical measures that can use ACANTHE DEVELOPPEM historical prices to predict the future ACANTHE DEVELOPPEM's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.42) |
ACANTHE DEVELOPPEM Backtested Returns
At this point, ACANTHE DEVELOPPEM is out of control. ACANTHE DEVELOPPEM retains Efficiency (Sharpe Ratio) of 0.0054, which signifies that the company had a 0.0054% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for ACANTHE DEVELOPPEM, which you can use to evaluate the volatility of the entity. Please confirm ACANTHE DEVELOPPEM's variance of 11.46, and Market Risk Adjusted Performance of (0.41) to double-check if the risk estimate we provide is consistent with the expected return of 0.0202%. The firm owns a Beta (Systematic Risk) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ACANTHE DEVELOPPEM's returns are expected to increase less than the market. However, during the bear market, the loss of holding ACANTHE DEVELOPPEM is expected to be smaller as well. ACANTHE DEVELOPPEM at this moment owns a risk of 3.76%. Please confirm ACANTHE DEVELOPPEM ON mean deviation, jensen alpha, potential upside, as well as the relationship between the standard deviation and treynor ratio , to decide if ACANTHE DEVELOPPEM ON will be following its current price history.
Auto-correlation | -0.22 |
Weak reverse predictability
ACANTHE DEVELOPPEM ON has weak reverse predictability. Overlapping area represents the amount of predictability between ACANTHE DEVELOPPEM time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 ACANTHE DEVELOPPEM price movement. The serial correlation of -0.22 indicates that over 22.0% of current ACANTHE DEVELOPPEM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ACANTHE DEVELOPPEM lagged returns against current returns
Autocorrelation, which is ACANTHE DEVELOPPEM 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 ACANTHE DEVELOPPEM's stock expected returns. We can calculate the autocorrelation of ACANTHE DEVELOPPEM returns to help us make a trade decision. For example, suppose you find that ACANTHE DEVELOPPEM 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 |
ACANTHE DEVELOPPEM 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 ACANTHE DEVELOPPEM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACANTHE DEVELOPPEM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACANTHE DEVELOPPEM stock over time.
Current vs Lagged Prices |
| Timeline |
ACANTHE DEVELOPPEM Lagged Returns
When evaluating ACANTHE DEVELOPPEM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACANTHE DEVELOPPEM stock have on its future price. ACANTHE DEVELOPPEM 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, ACANTHE DEVELOPPEM autocorrelation shows the relationship between ACANTHE DEVELOPPEM stock current value and its past values and can show if there is a momentum factor associated with investing in ACANTHE DEVELOPPEM ON.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ACANTHE Stock
ACANTHE DEVELOPPEM financial ratios help investors to determine whether ACANTHE 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 ACANTHE with respect to the benefits of owning ACANTHE DEVELOPPEM security.