Ascendas Real (Germany) Market Value
| S3Z Stock | EUR 1.77 0.01 0.56% |
| Symbol | Ascendas |
Ascendas Real '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 Ascendas Real'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 Ascendas Real.
| 11/05/2024 |
| 12/05/2024 |
If you would invest 0.00 in Ascendas Real on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Ascendas Real Estate or generate 0.0% return on investment in Ascendas Real over 30 days. Ascendas Real is related to or competes with UET United, STORE ELECTRONIC, ORMAT TECHNOLOGIES, Benchmark Electronics, Digilife Technologies, RCM TECHNOLOGIES, and Arrow Electronics. Ascendas Reit is Singapores first and largest listed business space and industrial real estate investment trust More
Ascendas Real 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 Ascendas Real'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 Ascendas Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 16.91 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 1.57 |
Ascendas Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ascendas Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ascendas Real's standard deviation. In reality, there are many statistical measures that can use Ascendas Real historical prices to predict the future Ascendas Real's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.40) |
Ascendas Real Estate Backtested Returns
Ascendas Real Estate secures Sharpe Ratio (or Efficiency) of -0.0712, which signifies that the company had a -0.0712% return per unit of standard deviation over the last 3 months. Ascendas Real Estate exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ascendas Real's risk adjusted performance of (0.02), and Mean Deviation of 1.12 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ascendas Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ascendas Real is expected to be smaller as well. At this point, Ascendas Real Estate has a negative expected return of -0.13%. Please make sure to confirm Ascendas Real's maximum drawdown, accumulation distribution, and the relationship between the total risk alpha and skewness , to decide if Ascendas Real Estate performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.37 |
Poor reverse predictability
Ascendas Real Estate has poor reverse predictability. Overlapping area represents the amount of predictability between Ascendas Real time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Ascendas Real Estate price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Ascendas Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ascendas Real Estate lagged returns against current returns
Autocorrelation, which is Ascendas Real 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 Ascendas Real's stock expected returns. We can calculate the autocorrelation of Ascendas Real returns to help us make a trade decision. For example, suppose you find that Ascendas Real 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 |
Ascendas Real 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 Ascendas Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ascendas Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ascendas Real stock over time.
Current vs Lagged Prices |
| Timeline |
Ascendas Real Lagged Returns
When evaluating Ascendas Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ascendas Real stock have on its future price. Ascendas Real 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, Ascendas Real autocorrelation shows the relationship between Ascendas Real stock current value and its past values and can show if there is a momentum factor associated with investing in Ascendas Real Estate.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ascendas Stock
Ascendas Real financial ratios help investors to determine whether Ascendas 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 Ascendas with respect to the benefits of owning Ascendas Real security.