Adolfo Dominguez (Spain) Market Value
| ADZ Stock | EUR 5.10 0.06 1.19% |
| Symbol | Adolfo |
Adolfo Dominguez '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 Adolfo Dominguez'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 Adolfo Dominguez.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Adolfo Dominguez on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Adolfo Dominguez SA or generate 0.0% return on investment in Adolfo Dominguez over 720 days. Adolfo Dominguez is related to or competes with Aedas Homes, Metrovacesa, Merlin Properties, and Lar Espana. Adolfo Domnguez, S.A. engages in the design, manufacture, acquisition, sale, wholesale marketing, import, and export of ... More
Adolfo Dominguez 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 Adolfo Dominguez'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 Adolfo Dominguez SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 8.64 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 3.23 |
Adolfo Dominguez Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adolfo Dominguez's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adolfo Dominguez's standard deviation. In reality, there are many statistical measures that can use Adolfo Dominguez historical prices to predict the future Adolfo Dominguez's volatility.| Risk Adjusted Performance | 0.0305 | |||
| Jensen Alpha | 0.0325 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.493 |
Adolfo Dominguez Backtested Returns
At this point, Adolfo Dominguez is somewhat reliable. Adolfo Dominguez secures Sharpe Ratio (or Efficiency) of 0.0604, which signifies that the company had a 0.0604% return per unit of risk over the last 3 months. We have found thirty technical indicators for Adolfo Dominguez SA, which you can use to evaluate the volatility of the firm. Please confirm Adolfo Dominguez's Mean Deviation of 0.9051, downside deviation of 2.08, and Risk Adjusted Performance of 0.0305 to double-check if the risk estimate we provide is consistent with the expected return of 0.0935%. Adolfo Dominguez has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0833, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Adolfo Dominguez's returns are expected to increase less than the market. However, during the bear market, the loss of holding Adolfo Dominguez is expected to be smaller as well. Adolfo Dominguez right now shows a risk of 1.55%. Please confirm Adolfo Dominguez total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Adolfo Dominguez will be following its price patterns.
Auto-correlation | -0.28 |
Weak reverse predictability
Adolfo Dominguez SA has weak reverse predictability. Overlapping area represents the amount of predictability between Adolfo Dominguez 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 Adolfo Dominguez price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Adolfo Dominguez price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Adolfo Dominguez lagged returns against current returns
Autocorrelation, which is Adolfo Dominguez 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 Adolfo Dominguez's stock expected returns. We can calculate the autocorrelation of Adolfo Dominguez returns to help us make a trade decision. For example, suppose you find that Adolfo Dominguez 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 |
Adolfo Dominguez 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 Adolfo Dominguez stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adolfo Dominguez stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adolfo Dominguez stock over time.
Current vs Lagged Prices |
| Timeline |
Adolfo Dominguez Lagged Returns
When evaluating Adolfo Dominguez's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adolfo Dominguez stock have on its future price. Adolfo Dominguez 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, Adolfo Dominguez autocorrelation shows the relationship between Adolfo Dominguez stock current value and its past values and can show if there is a momentum factor associated with investing in Adolfo Dominguez SA.
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 Adolfo Stock
Adolfo Dominguez financial ratios help investors to determine whether Adolfo 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 Adolfo with respect to the benefits of owning Adolfo Dominguez security.