Aedifica (Belgium) Market Value
| AED Stock | EUR 55.90 0.90 1.58% |
| Symbol | Aedifica |
Aedifica '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 Aedifica'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 Aedifica.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Aedifica on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Aedifica or generate 0.0% return on investment in Aedifica over 360 days. Aedifica is related to or competes with Cofinimmo, Warehouses, Care Property, Xior Student, and Sofina Socit. Aedifica is a Belgian listed company that offers sustainable real estate solutions to professional operators that provid... More
Aedifica 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 Aedifica'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 Aedifica upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 5.08 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.75 |
Aedifica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aedifica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aedifica's standard deviation. In reality, there are many statistical measures that can use Aedifica historical prices to predict the future Aedifica's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.85) |
Aedifica Backtested Returns
Aedifica secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of standard deviation over the last 3 months. Aedifica exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aedifica's risk adjusted performance of (0.13), and Mean Deviation of 0.9571 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aedifica's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aedifica is expected to be smaller as well. At this point, Aedifica has a negative expected return of -0.22%. Please make sure to confirm Aedifica's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Aedifica performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.68 |
Very good reverse predictability
Aedifica has very good reverse predictability. Overlapping area represents the amount of predictability between Aedifica time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Aedifica price movement. The serial correlation of -0.68 indicates that around 68.0% of current Aedifica price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 7.51 |
Aedifica lagged returns against current returns
Autocorrelation, which is Aedifica 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 Aedifica's stock expected returns. We can calculate the autocorrelation of Aedifica returns to help us make a trade decision. For example, suppose you find that Aedifica 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 |
Aedifica 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 Aedifica stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aedifica stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aedifica stock over time.
Current vs Lagged Prices |
| Timeline |
Aedifica Lagged Returns
When evaluating Aedifica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aedifica stock have on its future price. Aedifica 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, Aedifica autocorrelation shows the relationship between Aedifica stock current value and its past values and can show if there is a momentum factor associated with investing in Aedifica.
Regressed Prices |
| Timeline |
Pair Trading with Aedifica
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aedifica position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aedifica will appreciate offsetting losses from the drop in the long position's value.Moving together with Aedifica Stock
Moving against Aedifica Stock
The ability to find closely correlated positions to Aedifica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aedifica when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aedifica - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aedifica to buy it.
The correlation of Aedifica is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aedifica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aedifica moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aedifica can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Aedifica Stock Analysis
When running Aedifica's price analysis, check to measure Aedifica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aedifica is operating at the current time. Most of Aedifica's value examination focuses on studying past and present price action to predict the probability of Aedifica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aedifica's price. Additionally, you may evaluate how the addition of Aedifica to your portfolios can decrease your overall portfolio volatility.