ACCOR SPADR (Germany) Market Value
| ACR1 Stock | EUR 8.75 0.20 2.34% |
| Symbol | ACCOR |
ACCOR SPADR '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 ACCOR SPADR'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 ACCOR SPADR.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in ACCOR SPADR on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding ACCOR SPADR NEW or generate 0.0% return on investment in ACCOR SPADR over 90 days. ACCOR SPADR is related to or competes with Computer, MeVis Medical, SCANDMEDICAL SOLDK-040, SK TELECOM, and Microbot Medical. It operates through three segments HotelServices, Hotel Assets Others, and New Businesses More
ACCOR SPADR 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 ACCOR SPADR'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 ACCOR SPADR NEW upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.79 | |||
| Information Ratio | 0.0256 | |||
| Maximum Drawdown | 6.3 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 2.34 |
ACCOR SPADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACCOR SPADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACCOR SPADR's standard deviation. In reality, there are many statistical measures that can use ACCOR SPADR historical prices to predict the future ACCOR SPADR's volatility.| Risk Adjusted Performance | 0.0957 | |||
| Jensen Alpha | 0.1011 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.021 | |||
| Treynor Ratio | 0.3286 |
ACCOR SPADR NEW Backtested Returns
ACCOR SPADR appears to be not too volatile, given 3 months investment horizon. ACCOR SPADR NEW retains Efficiency (Sharpe Ratio) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ACCOR SPADR, which you can use to evaluate the volatility of the entity. Please makes use of ACCOR SPADR's market risk adjusted performance of 0.3386, and Coefficient Of Variation of 840.78 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ACCOR SPADR holds a performance score of 13. The firm owns a Beta (Systematic Risk) of 0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ACCOR SPADR's returns are expected to increase less than the market. However, during the bear market, the loss of holding ACCOR SPADR is expected to be smaller as well. Please check ACCOR SPADR's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether ACCOR SPADR's current price history will revert.
Auto-correlation | 0.65 |
Good predictability
ACCOR SPADR NEW has good predictability. Overlapping area represents the amount of predictability between ACCOR SPADR time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 ACCOR SPADR NEW price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current ACCOR SPADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
ACCOR SPADR NEW lagged returns against current returns
Autocorrelation, which is ACCOR SPADR 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 ACCOR SPADR's stock expected returns. We can calculate the autocorrelation of ACCOR SPADR returns to help us make a trade decision. For example, suppose you find that ACCOR SPADR 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 |
ACCOR SPADR 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 ACCOR SPADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACCOR SPADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACCOR SPADR stock over time.
Current vs Lagged Prices |
| Timeline |
ACCOR SPADR Lagged Returns
When evaluating ACCOR SPADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACCOR SPADR stock have on its future price. ACCOR SPADR 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, ACCOR SPADR autocorrelation shows the relationship between ACCOR SPADR stock current value and its past values and can show if there is a momentum factor associated with investing in ACCOR SPADR NEW.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ACCOR Stock
ACCOR SPADR financial ratios help investors to determine whether ACCOR 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 ACCOR with respect to the benefits of owning ACCOR SPADR security.