Aedas Homes (Germany) Market Value
| 1QK Stock | EUR 24.75 0.20 0.80% |
| Symbol | Aedas |
Aedas Homes '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 Aedas Homes' 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 Aedas Homes.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Aedas Homes on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Aedas Homes SA or generate 0.0% return on investment in Aedas Homes over 30 days. Aedas Homes is related to or competes with Lennar, NVR, and PulteGroup. Aedas Homes, S.A. engages in the development of residential homes in Spain More
Aedas Homes 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 Aedas Homes' 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 Aedas Homes SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.07 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 3.45 |
Aedas Homes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aedas Homes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aedas Homes' standard deviation. In reality, there are many statistical measures that can use Aedas Homes historical prices to predict the future Aedas Homes' volatility.| Risk Adjusted Performance | 0.0306 | |||
| Jensen Alpha | 0.0374 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.4628 |
Aedas Homes SA Backtested Returns
At this point, Aedas Homes is very steady. Aedas Homes SA secures Sharpe Ratio (or Efficiency) of 0.0209, which signifies that the company had a 0.0209% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Aedas Homes SA, which you can use to evaluate the volatility of the firm. Please confirm Aedas Homes' mean deviation of 1.37, and Risk Adjusted Performance of 0.0306 to double-check if the risk estimate we provide is consistent with the expected return of 0.0397%. Aedas Homes has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aedas Homes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aedas Homes is expected to be smaller as well. Aedas Homes SA right now shows a risk of 1.9%. Please confirm Aedas Homes SA downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Aedas Homes SA will be following its price patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Aedas Homes SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Aedas Homes time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Aedas Homes SA price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Aedas Homes price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Aedas Homes SA lagged returns against current returns
Autocorrelation, which is Aedas Homes 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 Aedas Homes' stock expected returns. We can calculate the autocorrelation of Aedas Homes returns to help us make a trade decision. For example, suppose you find that Aedas Homes 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 |
Aedas Homes 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 Aedas Homes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aedas Homes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aedas Homes stock over time.
Current vs Lagged Prices |
| Timeline |
Aedas Homes Lagged Returns
When evaluating Aedas Homes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aedas Homes stock have on its future price. Aedas Homes 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, Aedas Homes autocorrelation shows the relationship between Aedas Homes stock current value and its past values and can show if there is a momentum factor associated with investing in Aedas Homes SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Aedas Stock
Aedas Homes financial ratios help investors to determine whether Aedas 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 Aedas with respect to the benefits of owning Aedas Homes security.