Alstria Office (Germany) Market Value
| AOX Stock | EUR 7.64 0.06 0.78% |
| Symbol | Alstria |
Alstria 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 Alstria 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 Alstria Office.
| 06/21/2024 |
| 12/18/2024 |
If you would invest 0.00 in Alstria Office on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding alstria office REIT AG or generate 0.0% return on investment in Alstria Office over 180 days. Alstria Office is related to or competes with ORIX JREIT, Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, RYOHIN UNSPADR1, and Vanguard Funds. Alstria office REIT AG is the leading real-estate operator focusing solely on German office property in selected German ... More
Alstria 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 Alstria 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 alstria office REIT AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | 0.2202 | |||
| Maximum Drawdown | 43.33 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 5.17 |
Alstria Office Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alstria Office's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alstria Office's standard deviation. In reality, there are many statistical measures that can use Alstria Office historical prices to predict the future Alstria Office's volatility.| Risk Adjusted Performance | 0.1773 | |||
| Jensen Alpha | 1.25 | |||
| Total Risk Alpha | 0.8166 | |||
| Sortino Ratio | 0.9345 | |||
| Treynor Ratio | (18.47) |
alstria office REIT Backtested Returns
Alstria Office appears to be somewhat reliable, given 3 months investment horizon. alstria office REIT secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for alstria office REIT AG, which you can use to evaluate the volatility of the firm. Please makes use of Alstria Office's Risk Adjusted Performance of 0.1773, downside deviation of 1.27, and Coefficient Of Variation of 429.73 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Alstria Office holds a performance score of 21. The firm shows a Beta (market volatility) of -0.0675, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alstria Office are expected to decrease at a much lower rate. During the bear market, Alstria Office is likely to outperform the market. Please check Alstria Office's potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Alstria Office's price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
alstria office REIT AG has average predictability. Overlapping area represents the amount of predictability between Alstria Office time series from 21st of June 2024 to 19th of September 2024 and 19th of September 2024 to 18th 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 alstria office REIT price movement. The serial correlation of 0.49 indicates that about 49.0% of current Alstria Office price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
alstria office REIT lagged returns against current returns
Autocorrelation, which is Alstria 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 Alstria Office's stock expected returns. We can calculate the autocorrelation of Alstria Office returns to help us make a trade decision. For example, suppose you find that Alstria 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 |
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Alstria 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 Alstria Office stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alstria Office stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alstria Office stock over time.
Current vs Lagged Prices |
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Alstria Office Lagged Returns
When evaluating Alstria Office's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alstria Office stock have on its future price. Alstria 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, Alstria Office autocorrelation shows the relationship between Alstria Office stock current value and its past values and can show if there is a momentum factor associated with investing in alstria office REIT AG.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Alstria Stock
Alstria Office financial ratios help investors to determine whether Alstria 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 Alstria with respect to the benefits of owning Alstria Office security.