Corem Property (Sweden) Market Value

CORE-PREF  SEK 270.50  2.50  0.92%   
Corem Property's market value is the price at which a share of Corem Property trades on a public exchange. It measures the collective expectations of Corem Property Group investors about its performance. Corem Property is selling at 270.50 as of the 5th of December 2024; that is 0.92% down since the beginning of the trading day. The stock's lowest day price was 267.5.
With this module, you can estimate the performance of a buy and hold strategy of Corem Property Group and determine expected loss or profit from investing in Corem Property over a given investment horizon. Check out Corem Property Correlation, Corem Property Volatility and Corem Property Alpha and Beta module to complement your research on Corem Property.
Symbol

Please note, there is a significant difference between Corem Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corem Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corem Property's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Corem Property '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 Corem Property'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 Corem Property.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in Corem Property on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Corem Property Group or generate 0.0% return on investment in Corem Property over 30 days. Corem Property is related to or competes with AB Sagax, Volati AB, Dios Fastigheter, NP3 Fastigheter, and Corem Property. Corem Property Group AB , a real estate company, acquires, develops, owns, and manages warehouse, logistics, and trading... More

Corem Property 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 Corem Property'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 Corem Property Group upside and downside potential and time the market with a certain degree of confidence.

Corem Property Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Corem Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Corem Property's standard deviation. In reality, there are many statistical measures that can use Corem Property historical prices to predict the future Corem Property's volatility.
Hype
Prediction
LowEstimatedHigh
269.16270.50271.84
Details
Intrinsic
Valuation
LowRealHigh
236.70238.04297.55
Details
Naive
Forecast
LowNextHigh
279.96281.30282.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
265.67269.16272.66
Details

Corem Property Group Backtested Returns

Currently, Corem Property Group is very steady. Corem Property Group secures Sharpe Ratio (or Efficiency) of 0.0221, which signifies that the company had a 0.0221% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Corem Property Group, which you can use to evaluate the volatility of the firm. Please confirm Corem Property's Downside Deviation of 1.42, mean deviation of 0.977, and Risk Adjusted Performance of 0.0409 to double-check if the risk estimate we provide is consistent with the expected return of 0.0294%. Corem Property has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Corem Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding Corem Property is expected to be smaller as well. Corem Property Group right now shows a risk of 1.33%. Please confirm Corem Property Group sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Corem Property Group will be following its price patterns.

Auto-correlation

    
  -0.3  

Weak reverse predictability

Corem Property Group has weak reverse predictability. Overlapping area represents the amount of predictability between Corem Property time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Corem Property Group price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Corem Property price fluctuation can be explain by its past prices.
Correlation Coefficient-0.3
Spearman Rank Test-0.69
Residual Average0.0
Price Variance29.29

Corem Property Group lagged returns against current returns

Autocorrelation, which is Corem Property 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 Corem Property's stock expected returns. We can calculate the autocorrelation of Corem Property returns to help us make a trade decision. For example, suppose you find that Corem Property 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  

Corem Property 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 Corem Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Corem Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Corem Property stock over time.
   Current vs Lagged Prices   
       Timeline  

Corem Property Lagged Returns

When evaluating Corem Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Corem Property stock have on its future price. Corem Property 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, Corem Property autocorrelation shows the relationship between Corem Property stock current value and its past values and can show if there is a momentum factor associated with investing in Corem Property Group.
   Regressed Prices   
       Timeline  

Thematic Opportunities

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Additional Tools for Corem Stock Analysis

When running Corem Property's price analysis, check to measure Corem Property'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 Corem Property is operating at the current time. Most of Corem Property's value examination focuses on studying past and present price action to predict the probability of Corem Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corem Property's price. Additionally, you may evaluate how the addition of Corem Property to your portfolios can decrease your overall portfolio volatility.