Grupo Ortiz (Spain) Market Value
| YGOP Stock | EUR 15.70 0.60 3.97% |
| Symbol | Grupo |
Grupo Ortiz '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 Grupo Ortiz'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 Grupo Ortiz.
| 04/03/2024 |
| 05/03/2024 |
If you would invest 0.00 in Grupo Ortiz on April 3, 2024 and sell it all today you would earn a total of 0.00 from holding Grupo Ortiz Properties or generate 0.0% return on investment in Grupo Ortiz over 30 days. Grupo Ortiz is related to or competes with Entre Cua, and Vitruvio Real. Grupo Ortiz Properties SOCIMI, S.A. engages in managing and leasing real estate assets in Spain More
Grupo Ortiz 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 Grupo Ortiz'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 Grupo Ortiz Properties upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.0052 | |||
| Maximum Drawdown | 7.9 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.07 |
Grupo Ortiz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Ortiz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Ortiz's standard deviation. In reality, there are many statistical measures that can use Grupo Ortiz historical prices to predict the future Grupo Ortiz's volatility.| Risk Adjusted Performance | 0.0401 | |||
| Jensen Alpha | 0.0423 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0036 | |||
| Treynor Ratio | 0.2686 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Grupo Ortiz'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.
Grupo Ortiz Properties Backtested Returns
We consider Grupo Ortiz out of control. Grupo Ortiz Properties holds Efficiency (Sharpe) Ratio of 0.0543, which attests that the entity had a 0.0543% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Grupo Ortiz Properties, which you can use to evaluate the volatility of the firm. Please check out Grupo Ortiz's Downside Deviation of 1.56, market risk adjusted performance of 0.2786, and Risk Adjusted Performance of 0.0401 to validate if the risk estimate we provide is consistent with the expected return of 0.0599%. Grupo Ortiz has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grupo Ortiz's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grupo Ortiz is expected to be smaller as well. Grupo Ortiz Properties right now retains a risk of 1.1%. Please check out Grupo Ortiz maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to decide if Grupo Ortiz will be following its current trending patterns.
Auto-correlation | -0.36 |
Poor reverse predictability
Grupo Ortiz Properties has poor reverse predictability. Overlapping area represents the amount of predictability between Grupo Ortiz time series from 3rd of April 2024 to 18th of April 2024 and 18th of April 2024 to 3rd of May 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 Grupo Ortiz Properties price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Grupo Ortiz price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Grupo Ortiz Properties lagged returns against current returns
Autocorrelation, which is Grupo Ortiz 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 Grupo Ortiz's stock expected returns. We can calculate the autocorrelation of Grupo Ortiz returns to help us make a trade decision. For example, suppose you find that Grupo Ortiz 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 |
Grupo Ortiz 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 Grupo Ortiz stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Ortiz stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Ortiz stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Ortiz Lagged Returns
When evaluating Grupo Ortiz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Ortiz stock have on its future price. Grupo Ortiz 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, Grupo Ortiz autocorrelation shows the relationship between Grupo Ortiz stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Ortiz Properties.
Regressed Prices |
| Timeline |
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Check out Grupo Ortiz Correlation, Grupo Ortiz Volatility and Grupo Ortiz Alpha and Beta module to complement your research on Grupo Ortiz. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Grupo Stock analysis
When running Grupo Ortiz's price analysis, check to measure Grupo Ortiz'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 Grupo Ortiz is operating at the current time. Most of Grupo Ortiz's value examination focuses on studying past and present price action to predict the probability of Grupo Ortiz's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Ortiz's price. Additionally, you may evaluate how the addition of Grupo Ortiz to your portfolios can decrease your overall portfolio volatility.
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Grupo Ortiz 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.