IMMOFINANZ (Austria) Market Value

IIA Stock  EUR 22.60  0.85  3.62%   
IMMOFINANZ's market value is the price at which a share of IMMOFINANZ trades on a public exchange. It measures the collective expectations of IMMOFINANZ AG investors about its performance. IMMOFINANZ is trading at 22.60 as of the 28th of March 2024. This is a -3.62 percent down since the beginning of the trading day. The stock's open price was 23.45.
With this module, you can estimate the performance of a buy and hold strategy of IMMOFINANZ AG and determine expected loss or profit from investing in IMMOFINANZ over a given investment horizon. Check out IMMOFINANZ Correlation, IMMOFINANZ Volatility and IMMOFINANZ Alpha and Beta module to complement your research on IMMOFINANZ.
Symbol

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

IMMOFINANZ '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 IMMOFINANZ'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 IMMOFINANZ.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in IMMOFINANZ on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding IMMOFINANZ AG or generate 0.0% return on investment in IMMOFINANZ over 30 days. IMMOFINANZ is related to or competes with AMAG Austria, Wiener Privatbank, UNIQA Insurance, SBM Offshore, Oberbank, Raiffeisen Bank, and Vienna Insurance. IMMOFINANZ AG acquires, develops, owns, rents, and manages properties primarily in Austria, Germany, Poland, the Czech R... More

IMMOFINANZ 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 IMMOFINANZ'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 IMMOFINANZ AG upside and downside potential and time the market with a certain degree of confidence.

IMMOFINANZ Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for IMMOFINANZ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IMMOFINANZ's standard deviation. In reality, there are many statistical measures that can use IMMOFINANZ historical prices to predict the future IMMOFINANZ's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IMMOFINANZ'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
21.7522.6023.45
Details
Intrinsic
Valuation
LowRealHigh
19.9720.8224.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as IMMOFINANZ. Your research has to be compared to or analyzed against IMMOFINANZ's peers to derive any actionable benefits. When done correctly, IMMOFINANZ'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 IMMOFINANZ AG.

IMMOFINANZ AG Backtested Returns

We consider IMMOFINANZ very steady. IMMOFINANZ AG holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for IMMOFINANZ AG, which you can use to evaluate the volatility of the firm. Please check out IMMOFINANZ's market risk adjusted performance of (0.45), and Risk Adjusted Performance of 0.1471 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. IMMOFINANZ has a performance score of 10 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning IMMOFINANZ are expected to decrease at a much lower rate. During the bear market, IMMOFINANZ is likely to outperform the market. IMMOFINANZ AG currently retains a risk of 0.85%. Please check out IMMOFINANZ downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to decide if IMMOFINANZ will be following its current trending patterns.

Auto-correlation

    
  0.38  

Below average predictability

IMMOFINANZ AG has below average predictability. Overlapping area represents the amount of predictability between IMMOFINANZ time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 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 IMMOFINANZ AG price movement. The serial correlation of 0.38 indicates that just about 38.0% of current IMMOFINANZ price fluctuation can be explain by its past prices.
Correlation Coefficient0.38
Spearman Rank Test0.69
Residual Average0.0
Price Variance0.33

IMMOFINANZ AG lagged returns against current returns

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

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

IMMOFINANZ Lagged Returns

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

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Check out IMMOFINANZ Correlation, IMMOFINANZ Volatility and IMMOFINANZ Alpha and Beta module to complement your research on IMMOFINANZ.
Note that the IMMOFINANZ AG information on this page should be used as a complementary analysis to other IMMOFINANZ's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for IMMOFINANZ Stock analysis

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