Profithol (Spain) Market Value
| SPH Stock | 0.45 0.05 10.00% |
| Symbol | Profithol |
Profithol '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 Profithol'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 Profithol.
| 10/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Profithol on October 4, 2024 and sell it all today you would earn a total of 0.00 from holding Profithol SA or generate 0.0% return on investment in Profithol over 60 days. Profithol is related to or competes with Melia Hotels, Tier1 Technology, Arteche Lantegi, Caixabank, Aedas Homes, and Parlem Telecom. More
Profithol 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 Profithol'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 Profithol SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.11 | |||
| Information Ratio | 0.0572 | |||
| Maximum Drawdown | 91.21 | |||
| Value At Risk | (13.51) | |||
| Potential Upside | 15.79 |
Profithol Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Profithol's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Profithol's standard deviation. In reality, there are many statistical measures that can use Profithol historical prices to predict the future Profithol's volatility.| Risk Adjusted Performance | 0.0593 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | (1.32) | |||
| Sortino Ratio | 0.1092 | |||
| Treynor Ratio | (0.61) |
Profithol SA Backtested Returns
Profithol is out of control given 3 months investment horizon. Profithol SA maintains Sharpe Ratio (i.e., Efficiency) of 0.068, which implies the firm had a 0.068% return per unit of risk over the last 3 months. We have analyze and collected data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Profithol Coefficient Of Variation of 1534.11, semi deviation of 6.44, and Risk Adjusted Performance of 0.0593 to evaluate company specific risk that cannot be diversified away. Profithol holds a performance score of 5 on a scale of zero to a hundred. The company holds a Beta of -1.64, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Profithol are expected to decrease by larger amounts. On the other hand, during market turmoil, Profithol is expected to outperform it. Use Profithol expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to analyze future returns on Profithol.
Auto-correlation | 0.25 |
Poor predictability
Profithol SA has poor predictability. Overlapping area represents the amount of predictability between Profithol time series from 4th of October 2024 to 3rd of November 2024 and 3rd of November 2024 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 Profithol SA price movement. The serial correlation of 0.25 indicates that over 25.0% of current Profithol price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Profithol SA lagged returns against current returns
Autocorrelation, which is Profithol 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 Profithol's stock expected returns. We can calculate the autocorrelation of Profithol returns to help us make a trade decision. For example, suppose you find that Profithol 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 |
Profithol 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 Profithol stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Profithol stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Profithol stock over time.
Current vs Lagged Prices |
| Timeline |
Profithol Lagged Returns
When evaluating Profithol's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Profithol stock have on its future price. Profithol 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, Profithol autocorrelation shows the relationship between Profithol stock current value and its past values and can show if there is a momentum factor associated with investing in Profithol SA.
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 Profithol Stock
Profithol financial ratios help investors to determine whether Profithol 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 Profithol with respect to the benefits of owning Profithol security.