Techo Hogar's market value is the price at which a share of Techo Hogar trades on a public exchange. It measures the collective expectations of Techo Hogar SOCIMI, investors about its performance. Techo Hogar is trading at 1.04 as of the 4th of December 2024, a 0.97% up since the beginning of the trading day. The stock's open price was 1.03. With this module, you can estimate the performance of a buy and hold strategy of Techo Hogar SOCIMI, and determine expected loss or profit from investing in Techo Hogar over a given investment horizon. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Techo
Techo Hogar '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 Techo Hogar'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 Techo Hogar.
0.00
11/04/2024
No Change 0.00
0.0
In 30 days
12/04/2024
0.00
If you would invest 0.00 in Techo Hogar on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Techo Hogar SOCIMI, or generate 0.0% return on investment in Techo Hogar over 30 days.
Techo Hogar 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 Techo Hogar'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 Techo Hogar SOCIMI, upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Techo Hogar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Techo Hogar's standard deviation. In reality, there are many statistical measures that can use Techo Hogar historical prices to predict the future Techo Hogar's volatility.
At this point, Techo Hogar is not too volatile. Techo Hogar SOCIMI, owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0012, which indicates the firm had a 0.0012% return per unit of risk over the last 3 months. We have found twenty technical indicators for Techo Hogar SOCIMI,, which you can use to evaluate the volatility of the company. Please validate Techo Hogar's Variance of 0.0575, coefficient of variation of 84722.92, and Risk Adjusted Performance of (0.02) to confirm if the risk estimate we provide is consistent with the expected return of 3.0E-4%. The entity has a beta of 0.0273, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Techo Hogar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Techo Hogar is expected to be smaller as well. Techo Hogar SOCIMI, right now has a risk of 0.24%. Please validate Techo Hogar information ratio, total risk alpha, and the relationship between the variance and jensen alpha , to decide if Techo Hogar will be following its existing price patterns.
Auto-correlation
-0.81
Excellent reverse predictability
Techo Hogar SOCIMI, has excellent reverse predictability. Overlapping area represents the amount of predictability between Techo Hogar time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 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 Techo Hogar SOCIMI, price movement. The serial correlation of -0.81 indicates that around 81.0% of current Techo Hogar price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.81
Spearman Rank Test
-0.2
Residual Average
0.0
Price Variance
0.0
Techo Hogar SOCIMI, lagged returns against current returns
Autocorrelation, which is Techo Hogar 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 Techo Hogar's stock expected returns. We can calculate the autocorrelation of Techo Hogar returns to help us make a trade decision. For example, suppose you find that Techo Hogar 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
Techo Hogar 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 Techo Hogar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Techo Hogar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Techo Hogar stock over time.
Current vs Lagged Prices
Timeline
Techo Hogar Lagged Returns
When evaluating Techo Hogar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Techo Hogar stock have on its future price. Techo Hogar 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, Techo Hogar autocorrelation shows the relationship between Techo Hogar stock current value and its past values and can show if there is a momentum factor associated with investing in Techo Hogar SOCIMI,.
Regressed Prices
Timeline
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