Merlin Properties (Spain) Market Value
| MRL Stock | EUR 10.21 0.19 1.83% |
| Symbol | Merlin |
Merlin Properties '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 Merlin Properties' 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 Merlin Properties.
| 01/13/2023 |
| 12/03/2024 |
If you would invest 0.00 in Merlin Properties on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding Merlin Properties SOCIMI or generate 0.0% return on investment in Merlin Properties over 690 days. Merlin Properties is related to or competes with Neinor Homes, Metrovacesa, Atresmedia Corporacin. MERLIN Properties SOCIMI, SA, one of the main real estate companies listed on the Spanish Stock Exchange , has as its ma... More
Merlin Properties 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 Merlin Properties' 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 Merlin Properties SOCIMI upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 9.71 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 2.4 |
Merlin Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Merlin Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Merlin Properties' standard deviation. In reality, there are many statistical measures that can use Merlin Properties historical prices to predict the future Merlin Properties' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.48 |
Merlin Properties SOCIMI Backtested Returns
Merlin Properties SOCIMI has Sharpe Ratio of -0.067, which conveys that the firm had a -0.067% return per unit of risk over the last 3 months. Merlin Properties exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Merlin Properties' Mean Deviation of 1.21, risk adjusted performance of (0.04), and Standard Deviation of 1.66 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Merlin Properties are expected to decrease at a much lower rate. During the bear market, Merlin Properties is likely to outperform the market. At this point, Merlin Properties SOCIMI has a negative expected return of -0.11%. Please make sure to verify Merlin Properties' accumulation distribution, and the relationship between the potential upside and day median price , to decide if Merlin Properties SOCIMI performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Merlin Properties SOCIMI has weak reverse predictability. Overlapping area represents the amount of predictability between Merlin Properties time series from 13th of January 2023 to 24th of December 2023 and 24th of December 2023 to 3rd 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 Merlin Properties SOCIMI price movement. The serial correlation of -0.25 indicates that over 25.0% of current Merlin Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Merlin Properties SOCIMI lagged returns against current returns
Autocorrelation, which is Merlin Properties 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 Merlin Properties' stock expected returns. We can calculate the autocorrelation of Merlin Properties returns to help us make a trade decision. For example, suppose you find that Merlin Properties 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 |
Merlin Properties 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 Merlin Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Merlin Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Merlin Properties stock over time.
Current vs Lagged Prices |
| Timeline |
Merlin Properties Lagged Returns
When evaluating Merlin Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Merlin Properties stock have on its future price. Merlin Properties 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, Merlin Properties autocorrelation shows the relationship between Merlin Properties stock current value and its past values and can show if there is a momentum factor associated with investing in Merlin Properties SOCIMI.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Merlin Stock
Merlin Properties financial ratios help investors to determine whether Merlin 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 Merlin with respect to the benefits of owning Merlin Properties security.