EBRO FOODS (Germany) Market Value
| AZU Stock | 15.78 0.04 0.25% |
| Symbol | EBRO |
EBRO FOODS '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 EBRO FOODS'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 EBRO FOODS.
| 09/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in EBRO FOODS on September 5, 2024 and sell it all today you would earn a total of 0.00 from holding EBRO FOODS or generate 0.0% return on investment in EBRO FOODS over 90 days. EBRO FOODS is related to or competes with TOTAL GABON, and Walgreens Boots. More
EBRO FOODS 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 EBRO FOODS'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 EBRO FOODS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9562 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.76 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.04 |
EBRO FOODS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EBRO FOODS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EBRO FOODS's standard deviation. In reality, there are many statistical measures that can use EBRO FOODS historical prices to predict the future EBRO FOODS's volatility.| Risk Adjusted Performance | 0.0059 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EBRO FOODS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
EBRO FOODS Backtested Returns
Currently, EBRO FOODS is very steady. EBRO FOODS secures Sharpe Ratio (or Efficiency) of 0.016, which denotes the company had a 0.016% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for EBRO FOODS, which you can use to evaluate the volatility of the entity. Please confirm EBRO FOODS's Mean Deviation of 0.689, downside deviation of 0.9562, and Market Risk Adjusted Performance of (0.04) to check if the risk estimate we provide is consistent with the expected return of 0.0131%. EBRO FOODS has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0888, which means not very significant fluctuations relative to the market. As returns on the market increase, EBRO FOODS's returns are expected to increase less than the market. However, during the bear market, the loss of holding EBRO FOODS is expected to be smaller as well. EBRO FOODS now shows a risk of 0.82%. Please confirm EBRO FOODS downside variance, and the relationship between the treynor ratio and kurtosis , to decide if EBRO FOODS will be following its price patterns.
Auto-correlation | -0.39 |
Poor reverse predictability
EBRO FOODS has poor reverse predictability. Overlapping area represents the amount of predictability between EBRO FOODS time series from 5th of September 2024 to 20th of October 2024 and 20th of October 2024 to 4th 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 EBRO FOODS price movement. The serial correlation of -0.39 indicates that just about 39.0% of current EBRO FOODS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
EBRO FOODS lagged returns against current returns
Autocorrelation, which is EBRO FOODS 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 EBRO FOODS's stock expected returns. We can calculate the autocorrelation of EBRO FOODS returns to help us make a trade decision. For example, suppose you find that EBRO FOODS 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 |
EBRO FOODS 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 EBRO FOODS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EBRO FOODS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EBRO FOODS stock over time.
Current vs Lagged Prices |
| Timeline |
EBRO FOODS Lagged Returns
When evaluating EBRO FOODS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EBRO FOODS stock have on its future price. EBRO FOODS 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, EBRO FOODS autocorrelation shows the relationship between EBRO FOODS stock current value and its past values and can show if there is a momentum factor associated with investing in EBRO FOODS.
Regressed Prices |
| Timeline |
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Additional Tools for EBRO Stock Analysis
When running EBRO FOODS's price analysis, check to measure EBRO FOODS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EBRO FOODS is operating at the current time. Most of EBRO FOODS's value examination focuses on studying past and present price action to predict the probability of EBRO FOODS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EBRO FOODS's price. Additionally, you may evaluate how the addition of EBRO FOODS to your portfolios can decrease your overall portfolio volatility.