Inmobiliaria Colonial (Spain) Market Value

COL Stock  EUR 5.43  0.01  0.18%   
Inmobiliaria Colonial's market value is the price at which a share of Inmobiliaria Colonial trades on a public exchange. It measures the collective expectations of Inmobiliaria Colonial SA investors about its performance. Inmobiliaria Colonial is trading at 5.43 as of the 28th of March 2024, a 0.18% increase since the beginning of the trading day. The stock's open price was 5.42.
With this module, you can estimate the performance of a buy and hold strategy of Inmobiliaria Colonial SA and determine expected loss or profit from investing in Inmobiliaria Colonial over a given investment horizon. Check out Inmobiliaria Colonial Correlation, Inmobiliaria Colonial Volatility and Inmobiliaria Colonial Alpha and Beta module to complement your research on Inmobiliaria Colonial.
Symbol

Please note, there is a significant difference between Inmobiliaria Colonial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inmobiliaria Colonial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inmobiliaria Colonial'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.

Inmobiliaria Colonial '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 Inmobiliaria Colonial'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 Inmobiliaria Colonial.
0.00
04/03/2023
No Change 0.00  0.0 
In 11 months and 27 days
03/28/2024
0.00
If you would invest  0.00  in Inmobiliaria Colonial on April 3, 2023 and sell it all today you would earn a total of 0.00 from holding Inmobiliaria Colonial SA or generate 0.0% return on investment in Inmobiliaria Colonial over 360 days. Inmobiliaria Colonial is related to or competes with Banco Santander, Airbus Group, Prosegur, ACS Actividades, Telefonica, Industria, and International Consolidated. Colonial is a Spanish listed REIT company , leader in the European Prime office market with presence in the main busines... More

Inmobiliaria Colonial 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 Inmobiliaria Colonial'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 Inmobiliaria Colonial SA upside and downside potential and time the market with a certain degree of confidence.

Inmobiliaria Colonial Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Inmobiliaria Colonial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inmobiliaria Colonial's standard deviation. In reality, there are many statistical measures that can use Inmobiliaria Colonial historical prices to predict the future Inmobiliaria Colonial's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Inmobiliaria Colonial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
3.955.436.91
Details
Intrinsic
Valuation
LowRealHigh
4.075.557.03
Details
Naive
Forecast
LowNextHigh
3.995.476.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.385.415.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Inmobiliaria Colonial. Your research has to be compared to or analyzed against Inmobiliaria Colonial's peers to derive any actionable benefits. When done correctly, Inmobiliaria Colonial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Inmobiliaria Colonial.

Inmobiliaria Colonial Backtested Returns

Inmobiliaria Colonial holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of risk over the last 3 months. Inmobiliaria Colonial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inmobiliaria Colonial's Risk Adjusted Performance of (0.1), market risk adjusted performance of (0.34), and Standard Deviation of 1.46 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Inmobiliaria Colonial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inmobiliaria Colonial is expected to be smaller as well. Inmobiliaria Colonial has an expected return of -0.29%. Please make sure to check out Inmobiliaria Colonial jensen alpha, potential upside, daily balance of power, as well as the relationship between the treynor ratio and kurtosis , to decide if Inmobiliaria Colonial performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.18  

Insignificant reverse predictability

Inmobiliaria Colonial SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Inmobiliaria Colonial time series from 3rd of April 2023 to 30th of September 2023 and 30th of September 2023 to 28th of March 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 Inmobiliaria Colonial price movement. The serial correlation of -0.18 indicates that over 18.0% of current Inmobiliaria Colonial price fluctuation can be explain by its past prices.
Correlation Coefficient-0.18
Spearman Rank Test0.08
Residual Average0.0
Price Variance0.25

Inmobiliaria Colonial lagged returns against current returns

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

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

Inmobiliaria Colonial Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Inmobiliaria Colonial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Inmobiliaria Colonial's short interest history, or implied volatility extrapolated from Inmobiliaria Colonial options trading.

Pair Trading with Inmobiliaria Colonial

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 Inmobiliaria Colonial 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 Inmobiliaria Colonial will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Inmobiliaria Colonial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inmobiliaria Colonial 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 Inmobiliaria Colonial - 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 Inmobiliaria Colonial SA to buy it.
The correlation of Inmobiliaria Colonial 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 Inmobiliaria Colonial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inmobiliaria Colonial 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 Inmobiliaria Colonial 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.
Pair CorrelationCorrelation Matching
Check out Inmobiliaria Colonial Correlation, Inmobiliaria Colonial Volatility and Inmobiliaria Colonial Alpha and Beta module to complement your research on Inmobiliaria Colonial.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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Inmobiliaria Colonial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Inmobiliaria Colonial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Inmobiliaria Colonial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...