Merlin Properties (Spain) Market Value
| MRL Stock | EUR 10.21 0.04 0.39% |
| Symbol | Merlin |
Merlin Properties '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 Merlin Properties' 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 Merlin Properties.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Merlin Properties on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Merlin Properties SOCIMI or generate 0.0% return on investment in Merlin Properties over 30 days. Merlin Properties is related to or competes with Banco Santander, Telefonica, Banco Bilbao, Petroleo Brasileiro, Airbus Group, Vale SA, and Iberdrola. MERLIN Properties SOCIMI, SA, one of the main real estate companies listed on the Spanish Stock Exchange , has as its ma... More
Merlin Properties 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 Merlin Properties' 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 Merlin Properties SOCIMI upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.25 | |||
| Information Ratio | 0.0418 | |||
| Maximum Drawdown | 5.53 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.99 |
Merlin Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Merlin Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Merlin Properties' standard deviation. In reality, there are many statistical measures that can use Merlin Properties historical prices to predict the future Merlin Properties' volatility.| Risk Adjusted Performance | 0.0656 | |||
| Jensen Alpha | 0.1203 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0407 | |||
| Treynor Ratio | (0.58) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Merlin Properties' 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.
Merlin Properties SOCIMI Backtested Returns
We consider Merlin Properties not too volatile. Merlin Properties SOCIMI has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Merlin Properties, which you can use to evaluate the volatility of the firm. Please verify Merlin Properties' Downside Deviation of 1.25, risk adjusted performance of 0.0656, and Mean Deviation of 0.9338 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. Merlin Properties has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Merlin Properties are expected to decrease at a much lower rate. During the bear market, Merlin Properties is likely to outperform the market. Merlin Properties SOCIMI right now secures a risk of 1.22%. Please verify Merlin Properties SOCIMI expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Merlin Properties SOCIMI will be following its current price movements.
Auto-correlation | 0.71 |
Good predictability
Merlin Properties SOCIMI has good predictability. Overlapping area represents the amount of predictability between Merlin Properties time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Merlin Properties SOCIMI price movement. The serial correlation of 0.71 indicates that around 71.0% of current Merlin Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Merlin Properties SOCIMI lagged returns against current returns
Autocorrelation, which is Merlin Properties 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 Merlin Properties' stock expected returns. We can calculate the autocorrelation of Merlin Properties returns to help us make a trade decision. For example, suppose you find that Merlin Properties 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 |
Merlin Properties 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 Merlin Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Merlin Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Merlin Properties stock over time.
Current vs Lagged Prices |
| Timeline |
Merlin Properties Lagged Returns
When evaluating Merlin Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Merlin Properties stock have on its future price. Merlin Properties 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, Merlin Properties autocorrelation shows the relationship between Merlin Properties stock current value and its past values and can show if there is a momentum factor associated with investing in Merlin Properties SOCIMI.
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 Merlin Properties 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, Merlin Properties' short interest history, or implied volatility extrapolated from Merlin Properties options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Merlin Properties Correlation, Merlin Properties Volatility and Merlin Properties Alpha and Beta module to complement your research on Merlin Properties. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Merlin Stock analysis
When running Merlin Properties' price analysis, check to measure Merlin Properties' 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 Merlin Properties is operating at the current time. Most of Merlin Properties' value examination focuses on studying past and present price action to predict the probability of Merlin Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merlin Properties' price. Additionally, you may evaluate how the addition of Merlin Properties to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
Merlin Properties 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.