Hamborner REIT (Germany) Market Value
| HABA Stock | EUR 6.51 0.13 2.04% |
| Symbol | Hamborner |
Please note, there is a significant difference between Hamborner REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hamborner REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hamborner REIT'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.
Hamborner REIT '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 Hamborner REIT'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 Hamborner REIT.
| 06/18/2024 |
| 12/15/2024 |
If you would invest 0.00 in Hamborner REIT on June 18, 2024 and sell it all today you would earn a total of 0.00 from holding Hamborner REIT AG or generate 0.0% return on investment in Hamborner REIT over 180 days. Hamborner REIT is related to or competes with DISTRICT METALS, Zijin Mining, Tianjin Capital, and Insteel Industries. More
Hamborner REIT 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 Hamborner REIT'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 Hamborner REIT AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7009 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.52 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 1.08 |
Hamborner REIT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hamborner REIT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hamborner REIT's standard deviation. In reality, there are many statistical measures that can use Hamborner REIT historical prices to predict the future Hamborner REIT's volatility.| Risk Adjusted Performance | 0.0222 | |||
| Jensen Alpha | 0.0157 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.19) |
Hamborner REIT AG Backtested Returns
Hamborner REIT AG holds Efficiency (Sharpe) Ratio of -0.0143, which attests that the entity had a -0.0143% return per unit of risk over the last 3 months. Hamborner REIT AG exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hamborner REIT's Market Risk Adjusted Performance of (0.18), risk adjusted performance of 0.0222, and Downside Deviation of 0.7009 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0552, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hamborner REIT are expected to decrease at a much lower rate. During the bear market, Hamborner REIT is likely to outperform the market. At this point, Hamborner REIT AG has a negative expected return of -0.0081%. Please make sure to check out Hamborner REIT's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Hamborner REIT AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Hamborner REIT AG has insignificant predictability. Overlapping area represents the amount of predictability between Hamborner REIT time series from 18th of June 2024 to 16th of September 2024 and 16th of September 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 Hamborner REIT AG price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Hamborner REIT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Hamborner REIT AG lagged returns against current returns
Autocorrelation, which is Hamborner REIT 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 Hamborner REIT's stock expected returns. We can calculate the autocorrelation of Hamborner REIT returns to help us make a trade decision. For example, suppose you find that Hamborner REIT 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 |
Hamborner REIT 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 Hamborner REIT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hamborner REIT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hamborner REIT stock over time.
Current vs Lagged Prices |
| Timeline |
Hamborner REIT Lagged Returns
When evaluating Hamborner REIT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hamborner REIT stock have on its future price. Hamborner REIT 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, Hamborner REIT autocorrelation shows the relationship between Hamborner REIT stock current value and its past values and can show if there is a momentum factor associated with investing in Hamborner REIT AG.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Hamborner Stock Analysis
When running Hamborner REIT's price analysis, check to measure Hamborner REIT'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 Hamborner REIT is operating at the current time. Most of Hamborner REIT's value examination focuses on studying past and present price action to predict the probability of Hamborner REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hamborner REIT's price. Additionally, you may evaluate how the addition of Hamborner REIT to your portfolios can decrease your overall portfolio volatility.