Selectirente (France) Market Value
| SELER Stock | EUR 85.00 1.50 1.73% |
| Symbol | Selectirente |
Selectirente '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 Selectirente'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 Selectirente.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Selectirente on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Selectirente or generate 0.0% return on investment in Selectirente over 30 days. Selectirente is related to or competes with Covivio SA, Altarea SCA, Icade SA, and Gecina SA. Selectirente is a public real estate fund managed by Sofidy More
Selectirente 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 Selectirente'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 Selectirente upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 2.89 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.5917 |
Selectirente Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Selectirente's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Selectirente's standard deviation. In reality, there are many statistical measures that can use Selectirente historical prices to predict the future Selectirente's volatility.| Risk Adjusted Performance | 0.0098 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.0005) |
Selectirente Backtested Returns
Currently, Selectirente is very steady. Selectirente owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0021, which indicates the firm had a 0.0021% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Selectirente, which you can use to evaluate the volatility of the company. Please validate Selectirente's Coefficient Of Variation of 4439.11, semi deviation of 0.3602, and Risk Adjusted Performance of 0.0098 to confirm if the risk estimate we provide is consistent with the expected return of 9.0E-4%. The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Selectirente's returns are expected to increase less than the market. However, during the bear market, the loss of holding Selectirente is expected to be smaller as well. Selectirente right now has a risk of 0.43%. Please validate Selectirente maximum drawdown, as well as the relationship between the expected short fall and day median price , to decide if Selectirente will be following its existing price patterns.
Auto-correlation | 0.55 |
Modest predictability
Selectirente has modest predictability. Overlapping area represents the amount of predictability between Selectirente time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Selectirente price movement. The serial correlation of 0.55 indicates that about 55.0% of current Selectirente price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.79 |
Selectirente lagged returns against current returns
Autocorrelation, which is Selectirente 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 Selectirente's stock expected returns. We can calculate the autocorrelation of Selectirente returns to help us make a trade decision. For example, suppose you find that Selectirente 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 |
Selectirente 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 Selectirente stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Selectirente stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Selectirente stock over time.
Current vs Lagged Prices |
| Timeline |
Selectirente Lagged Returns
When evaluating Selectirente's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Selectirente stock have on its future price. Selectirente 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, Selectirente autocorrelation shows the relationship between Selectirente stock current value and its past values and can show if there is a momentum factor associated with investing in Selectirente.
Regressed Prices |
| Timeline |
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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.Additional Tools for Selectirente Stock Analysis
When running Selectirente's price analysis, check to measure Selectirente'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 Selectirente is operating at the current time. Most of Selectirente's value examination focuses on studying past and present price action to predict the probability of Selectirente's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Selectirente's price. Additionally, you may evaluate how the addition of Selectirente to your portfolios can decrease your overall portfolio volatility.