Cronos Immo (Switzerland) Market Value
| CIF Fund | 125.00 2.50 2.04% |
| Symbol | Cronos |
Cronos Immo '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 Cronos Immo's fund 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 Cronos Immo.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Cronos Immo on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Cronos Immo Fund or generate 0.0% return on investment in Cronos Immo over 30 days.
Cronos Immo 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 Cronos Immo's fund 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 Cronos Immo Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8995 | |||
| Information Ratio | 0.1322 | |||
| Maximum Drawdown | 3.39 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 1.66 |
Cronos Immo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cronos Immo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cronos Immo's standard deviation. In reality, there are many statistical measures that can use Cronos Immo historical prices to predict the future Cronos Immo's volatility.| Risk Adjusted Performance | 0.1625 | |||
| Jensen Alpha | 0.1431 | |||
| Total Risk Alpha | 0.0995 | |||
| Sortino Ratio | 0.1063 | |||
| Treynor Ratio | (1.42) |
Cronos Immo Fund Backtested Returns
At this stage we consider Cronos Fund to be very steady. Cronos Immo Fund secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cronos Immo Fund, which you can use to evaluate the volatility of the entity. Please confirm Cronos Immo's Risk Adjusted Performance of 0.1625, mean deviation of 0.5217, and Downside Deviation of 0.8995 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. The fund shows a Beta (market volatility) of -0.0977, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cronos Immo are expected to decrease at a much lower rate. During the bear market, Cronos Immo is likely to outperform the market.
Auto-correlation | 0.63 |
Good predictability
Cronos Immo Fund has good predictability. Overlapping area represents the amount of predictability between Cronos Immo time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 Cronos Immo Fund price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Cronos Immo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 2.47 |
Cronos Immo Fund lagged returns against current returns
Autocorrelation, which is Cronos Immo fund'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 Cronos Immo's fund expected returns. We can calculate the autocorrelation of Cronos Immo returns to help us make a trade decision. For example, suppose you find that Cronos Immo has exhibited high autocorrelation historically, and you observe that the fund 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 |
Cronos Immo 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 Cronos Immo fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cronos Immo fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cronos Immo fund over time.
Current vs Lagged Prices |
| Timeline |
Cronos Immo Lagged Returns
When evaluating Cronos Immo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cronos Immo fund have on its future price. Cronos Immo 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, Cronos Immo autocorrelation shows the relationship between Cronos Immo fund current value and its past values and can show if there is a momentum factor associated with investing in Cronos Immo Fund.
Regressed Prices |
| Timeline |
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