Montea Comm (Germany) Market Value
| M8E Stock | EUR 62.10 0.40 0.64% |
| Symbol | Montea |
Montea Comm '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 Montea Comm'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 Montea Comm.
| 09/26/2024 |
| 12/25/2024 |
If you would invest 0.00 in Montea Comm on September 26, 2024 and sell it all today you would earn a total of 0.00 from holding Montea Comm VA or generate 0.0% return on investment in Montea Comm over 90 days. Montea Comm is related to or competes with Extra Space, First Industrial, Warehouses, National Storage, GLADSTONE LAND. Montea is a developing investor in logistics real estate in Belgium, France, Germany and the Netherlands More
Montea Comm 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 Montea Comm'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 Montea Comm VA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 6.4 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 1.91 |
Montea Comm Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Montea Comm's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Montea Comm's standard deviation. In reality, there are many statistical measures that can use Montea Comm historical prices to predict the future Montea Comm's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (14.87) |
Montea Comm VA Backtested Returns
Montea Comm VA has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Montea Comm exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Montea Comm's Standard Deviation of 1.36, risk adjusted performance of (0.16), and Mean Deviation of 1.04 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.019, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Montea Comm's returns are expected to increase less than the market. However, during the bear market, the loss of holding Montea Comm is expected to be smaller as well. At this point, Montea Comm VA has a negative expected return of -0.25%. Please make sure to verify Montea Comm's treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if Montea Comm VA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Montea Comm VA has good predictability. Overlapping area represents the amount of predictability between Montea Comm time series from 26th of September 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Montea Comm VA price movement. The serial correlation of 0.67 indicates that around 67.0% of current Montea Comm price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 1.64 |
Montea Comm VA lagged returns against current returns
Autocorrelation, which is Montea Comm 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 Montea Comm's stock expected returns. We can calculate the autocorrelation of Montea Comm returns to help us make a trade decision. For example, suppose you find that Montea Comm 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 |
Montea Comm 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 Montea Comm stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Montea Comm stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Montea Comm stock over time.
Current vs Lagged Prices |
| Timeline |
Montea Comm Lagged Returns
When evaluating Montea Comm's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Montea Comm stock have on its future price. Montea Comm 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, Montea Comm autocorrelation shows the relationship between Montea Comm stock current value and its past values and can show if there is a momentum factor associated with investing in Montea Comm VA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Montea Stock
Montea Comm financial ratios help investors to determine whether Montea 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 Montea with respect to the benefits of owning Montea Comm security.