IBERDROLA ADR1 (Germany) Market Value
| IBE5 Stock | EUR 51.50 0.50 0.96% |
| Symbol | IBERDROLA |
IBERDROLA ADR1 '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 IBERDROLA ADR1'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 IBERDROLA ADR1.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in IBERDROLA ADR1 on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding IBERDROLA ADR1 EO or generate 0.0% return on investment in IBERDROLA ADR1 over 390 days. IBERDROLA ADR1 is related to or competes with SSE PLC, CIA ENGER, EVN AG, and TELECOM PLUS. Iberdrola, S.A. engages in the generation, transmission, distribution, and supply of electricity in Spain and internatio... More
IBERDROLA ADR1 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 IBERDROLA ADR1'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 IBERDROLA ADR1 EO upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 10.17 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.83 |
IBERDROLA ADR1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IBERDROLA ADR1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IBERDROLA ADR1's standard deviation. In reality, there are many statistical measures that can use IBERDROLA ADR1 historical prices to predict the future IBERDROLA ADR1's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.1036 |
IBERDROLA ADR1 EO Backtested Returns
IBERDROLA ADR1 EO holds Efficiency (Sharpe) Ratio of -0.0698, which attests that the company had a -0.0698% return per unit of return volatility over the last 3 months. IBERDROLA ADR1 EO exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IBERDROLA ADR1's standard deviation of 1.59, and Coefficient Of Variation of (5,100) to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of -0.4, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning IBERDROLA ADR1 are expected to decrease at a much lower rate. During the bear market, IBERDROLA ADR1 is likely to outperform the market. At this point, IBERDROLA ADR1 EO has a negative expected return of -0.1%. Please make sure to check out IBERDROLA ADR1's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if IBERDROLA ADR1 EO performance from the past will be repeated in the future.
Auto-correlation | 0.09 |
Virtually no predictability
IBERDROLA ADR1 EO has virtually no predictability. Overlapping area represents the amount of predictability between IBERDROLA ADR1 time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 IBERDROLA ADR1 EO price movement. The serial correlation of 0.09 indicates that less than 9.0% of current IBERDROLA ADR1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 11.08 |
IBERDROLA ADR1 EO lagged returns against current returns
Autocorrelation, which is IBERDROLA ADR1 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 IBERDROLA ADR1's stock expected returns. We can calculate the autocorrelation of IBERDROLA ADR1 returns to help us make a trade decision. For example, suppose you find that IBERDROLA ADR1 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 |
IBERDROLA ADR1 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 IBERDROLA ADR1 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IBERDROLA ADR1 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IBERDROLA ADR1 stock over time.
Current vs Lagged Prices |
| Timeline |
IBERDROLA ADR1 Lagged Returns
When evaluating IBERDROLA ADR1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IBERDROLA ADR1 stock have on its future price. IBERDROLA ADR1 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, IBERDROLA ADR1 autocorrelation shows the relationship between IBERDROLA ADR1 stock current value and its past values and can show if there is a momentum factor associated with investing in IBERDROLA ADR1 EO.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in IBERDROLA Stock
IBERDROLA ADR1 financial ratios help investors to determine whether IBERDROLA 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 IBERDROLA with respect to the benefits of owning IBERDROLA ADR1 security.