Citycon Oyj (Germany) Market Value

TY2B Stock  EUR 3.13  0.05  1.57%   
Citycon Oyj's market value is the price at which a share of Citycon Oyj trades on a public exchange. It measures the collective expectations of Citycon Oyj investors about its performance. Citycon Oyj is trading at 3.13 as of the 23rd of December 2024. This is a 1.57 percent decrease since the beginning of the trading day. The stock's lowest day price was 3.12.
With this module, you can estimate the performance of a buy and hold strategy of Citycon Oyj and determine expected loss or profit from investing in Citycon Oyj over a given investment horizon. Check out Citycon Oyj Correlation, Citycon Oyj Volatility and Citycon Oyj Alpha and Beta module to complement your research on Citycon Oyj.
Symbol

Please note, there is a significant difference between Citycon Oyj's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citycon Oyj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citycon Oyj's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Citycon Oyj '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 Citycon Oyj'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 Citycon Oyj.
0.00
11/23/2024
No Change 0.00  0.0 
In 30 days
12/23/2024
0.00
If you would invest  0.00  in Citycon Oyj on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Citycon Oyj or generate 0.0% return on investment in Citycon Oyj over 30 days. Citycon Oyj is related to or competes with NEW WORLD, OPEN HOUSE, AEON MALL, Hufvudstaden, FRASERS PROPERTY, Immofinanz, and GuocoLand. Citycon Oyj, a real estate investment company, operates as an owner, manager, and developer of mixed-use centers for urb... More

Citycon Oyj 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 Citycon Oyj'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 Citycon Oyj upside and downside potential and time the market with a certain degree of confidence.

Citycon Oyj Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Citycon Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Citycon Oyj's standard deviation. In reality, there are many statistical measures that can use Citycon Oyj historical prices to predict the future Citycon Oyj's volatility.
Hype
Prediction
LowEstimatedHigh
1.363.134.90
Details
Intrinsic
Valuation
LowRealHigh
1.593.365.13
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Citycon Oyj. Your research has to be compared to or analyzed against Citycon Oyj's peers to derive any actionable benefits. When done correctly, Citycon Oyj's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Citycon Oyj.

Citycon Oyj Backtested Returns

Citycon Oyj secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Citycon Oyj exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Citycon Oyj's Standard Deviation of 1.79, mean deviation of 1.23, and Risk Adjusted Performance of (0.16) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Citycon Oyj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Citycon Oyj is expected to be smaller as well. At this point, Citycon Oyj has a negative expected return of -0.34%. Please make sure to confirm Citycon Oyj's potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Citycon Oyj performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.66  

Very good reverse predictability

Citycon Oyj has very good reverse predictability. Overlapping area represents the amount of predictability between Citycon Oyj time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Citycon Oyj price movement. The serial correlation of -0.66 indicates that around 66.0% of current Citycon Oyj price fluctuation can be explain by its past prices.
Correlation Coefficient-0.66
Spearman Rank Test-0.64
Residual Average0.0
Price Variance0.01

Citycon Oyj lagged returns against current returns

Autocorrelation, which is Citycon Oyj 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 Citycon Oyj's stock expected returns. We can calculate the autocorrelation of Citycon Oyj returns to help us make a trade decision. For example, suppose you find that Citycon Oyj 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   
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Citycon Oyj 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 Citycon Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Citycon Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Citycon Oyj stock over time.
   Current vs Lagged Prices   
       Timeline  

Citycon Oyj Lagged Returns

When evaluating Citycon Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Citycon Oyj stock have on its future price. Citycon Oyj 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, Citycon Oyj autocorrelation shows the relationship between Citycon Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Citycon Oyj.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Citycon Stock

Citycon Oyj financial ratios help investors to determine whether Citycon 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 Citycon with respect to the benefits of owning Citycon Oyj security.