Mercal Inmuebles (Spain) Market Value
| YMEI Stock | EUR 49.80 0.80 1.63% |
| Symbol | Mercal |
Mercal Inmuebles '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 Mercal Inmuebles' 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 Mercal Inmuebles.
| 03/09/2024 |
| 03/04/2025 |
If you would invest 0.00 in Mercal Inmuebles on March 9, 2024 and sell it all today you would earn a total of 0.00 from holding Mercal Inmuebles Socimi or generate 0.0% return on investment in Mercal Inmuebles over 360 days. Mercal Inmuebles is related to or competes with Elaia Investment, Parlem Telecom, Bankinter, Cellnex Telecom, Media Investment, and Neinor Homes. Mercal Inmuebles Socimi, S.A. is engaged in leasing and managing real estate properties More
Mercal Inmuebles 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 Mercal Inmuebles' 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 Mercal Inmuebles Socimi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.3635 | |||
| Maximum Drawdown | 2.04 |
Mercal Inmuebles Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mercal Inmuebles' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mercal Inmuebles' standard deviation. In reality, there are many statistical measures that can use Mercal Inmuebles historical prices to predict the future Mercal Inmuebles' volatility.| Risk Adjusted Performance | 0.1445 | |||
| Jensen Alpha | 0.058 | |||
| Total Risk Alpha | 0.086 | |||
| Treynor Ratio | (2.63) |
Mercal Inmuebles Socimi Backtested Returns
We have found twenty-one technical indicators for Mercal Inmuebles, which you can use to evaluate the volatility of the firm. Please verify Mercal Inmuebles' Standard Deviation of 0.3296, risk adjusted performance of 0.1445, and Mean Deviation of 0.1324 to check out if the risk estimate we provide is consistent with the expected return of 0.0%. The company secures a Beta (Market Risk) of -0.0226, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mercal Inmuebles are expected to decrease at a much lower rate. During the bear market, Mercal Inmuebles is likely to outperform the market. Mercal Inmuebles Socimi right now secures a risk of 0.0%. Please verify Mercal Inmuebles Socimi kurtosis, daily balance of power, day median price, as well as the relationship between the accumulation distribution and rate of daily change , to decide if Mercal Inmuebles Socimi will be following its current price movements.
Auto-correlation | 0.79 |
Good predictability
Mercal Inmuebles Socimi has good predictability. Overlapping area represents the amount of predictability between Mercal Inmuebles time series from 9th of March 2024 to 5th of September 2024 and 5th of September 2024 to 4th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mercal Inmuebles Socimi price movement. The serial correlation of 0.79 indicates that around 79.0% of current Mercal Inmuebles price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Mercal Inmuebles Socimi lagged returns against current returns
Autocorrelation, which is Mercal Inmuebles 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 Mercal Inmuebles' stock expected returns. We can calculate the autocorrelation of Mercal Inmuebles returns to help us make a trade decision. For example, suppose you find that Mercal Inmuebles 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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Mercal Inmuebles 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 Mercal Inmuebles stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mercal Inmuebles stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mercal Inmuebles stock over time.
Current vs Lagged Prices |
| Timeline |
Mercal Inmuebles Lagged Returns
When evaluating Mercal Inmuebles' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mercal Inmuebles stock have on its future price. Mercal Inmuebles 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, Mercal Inmuebles autocorrelation shows the relationship between Mercal Inmuebles stock current value and its past values and can show if there is a momentum factor associated with investing in Mercal Inmuebles Socimi.
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 Mercal Stock
Mercal Inmuebles financial ratios help investors to determine whether Mercal 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 Mercal with respect to the benefits of owning Mercal Inmuebles security.