Elaia Investment (Spain) Market Value
| YEIS Stock | EUR 3.42 1.02 22.97% |
| Symbol | Elaia |
Elaia Investment '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 Elaia Investment'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 Elaia Investment.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Elaia Investment on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Elaia Investment Spain or generate 0.0% return on investment in Elaia Investment over 720 days. Elaia Investment is related to or competes with Merlin Properties, Metrovacesa, Elecnor SA, Mapfre, Altia Consultores, Coca Cola, and Atrys Health. As of August 29, 2017, Socimi Eurosic Investment Spain operates as a subsidiary of Batipart SAS More
Elaia Investment 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 Elaia Investment'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 Elaia Investment Spain upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) |
Elaia Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elaia Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elaia Investment's standard deviation. In reality, there are many statistical measures that can use Elaia Investment historical prices to predict the future Elaia Investment's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (2.08) |
Elaia Investment Spain Backtested Returns
Elaia Investment Spain secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of standard deviation over the last 3 months. Elaia Investment Spain exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elaia Investment's Mean Deviation of 0.6856, standard deviation of 2.83, and Coefficient Of Variation of (812.40) to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, Elaia Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elaia Investment is expected to be smaller as well. At this point, Elaia Investment Spain has a negative expected return of -0.35%. Please make sure to confirm Elaia Investment's information ratio, total risk alpha, and the relationship between the variance and jensen alpha , to decide if Elaia Investment Spain performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Elaia Investment Spain has very weak reverse predictability. Overlapping area represents the amount of predictability between Elaia Investment time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Elaia Investment Spain price movement. The serial correlation of -0.02 indicates that only 2.0% of current Elaia Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Elaia Investment Spain lagged returns against current returns
Autocorrelation, which is Elaia Investment 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 Elaia Investment's stock expected returns. We can calculate the autocorrelation of Elaia Investment returns to help us make a trade decision. For example, suppose you find that Elaia Investment 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 |
Elaia Investment 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 Elaia Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elaia Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elaia Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Elaia Investment Lagged Returns
When evaluating Elaia Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elaia Investment stock have on its future price. Elaia Investment 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, Elaia Investment autocorrelation shows the relationship between Elaia Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Elaia Investment Spain.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Elaia Stock
Elaia Investment financial ratios help investors to determine whether Elaia 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 Elaia with respect to the benefits of owning Elaia Investment security.