Immofinanz (Germany) Market Value
| IMO1 Stock | EUR 16.00 0.22 1.39% |
| Symbol | Immofinanz |
Immofinanz '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 Immofinanz'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 Immofinanz.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Immofinanz on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Immofinanz AG or generate 0.0% return on investment in Immofinanz over 180 days. Immofinanz is related to or competes with Iridium Communications, Mobilezone Holding, Singapore Telecommunicatio, Citic Telecom, Gamma Communications, Cogent Communications, and Chunghwa Telecom. IMMOFINANZ AG acquires, develops, owns, rents, and manages properties primarily in Austria, Germany, Poland, the Czech R... More
Immofinanz 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 Immofinanz'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 Immofinanz AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 22.92 | |||
| Value At Risk | (6.48) | |||
| Potential Upside | 3.91 |
Immofinanz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Immofinanz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Immofinanz's standard deviation. In reality, there are many statistical measures that can use Immofinanz historical prices to predict the future Immofinanz's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (1.06) | |||
| Total Risk Alpha | (1.57) | |||
| Treynor Ratio | (0.83) |
Immofinanz AG Backtested Returns
Immofinanz AG holds Efficiency (Sharpe) Ratio of -0.23, which attests that the entity had a -0.23% return per unit of risk over the last 3 months. Immofinanz AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Immofinanz's Standard Deviation of 3.92, market risk adjusted performance of (0.82), and Risk Adjusted Performance of (0.17) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.1, which attests to a somewhat significant risk relative to the market. Immofinanz returns are very sensitive to returns on the market. As the market goes up or down, Immofinanz is expected to follow. At this point, Immofinanz AG has a negative expected return of -0.81%. Please make sure to check out Immofinanz's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Immofinanz AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.84 |
Excellent reverse predictability
Immofinanz AG has excellent reverse predictability. Overlapping area represents the amount of predictability between Immofinanz time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Immofinanz AG price movement. The serial correlation of -0.84 indicates that around 84.0% of current Immofinanz price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 16.17 |
Immofinanz AG lagged returns against current returns
Autocorrelation, which is Immofinanz 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 Immofinanz's stock expected returns. We can calculate the autocorrelation of Immofinanz returns to help us make a trade decision. For example, suppose you find that Immofinanz 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 |
Immofinanz 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 Immofinanz stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Immofinanz stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Immofinanz stock over time.
Current vs Lagged Prices |
| Timeline |
Immofinanz Lagged Returns
When evaluating Immofinanz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Immofinanz stock have on its future price. Immofinanz 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, Immofinanz autocorrelation shows the relationship between Immofinanz stock current value and its past values and can show if there is a momentum factor associated with investing in Immofinanz AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Immofinanz Stock
Immofinanz financial ratios help investors to determine whether Immofinanz 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 Immofinanz with respect to the benefits of owning Immofinanz security.