Montea CVA (Belgium) Market Value
| MONT Stock | EUR 64.00 0.30 0.47% |
| Symbol | Montea |
Montea CVA '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 Montea CVA'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 Montea CVA.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Montea CVA on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Montea CVA or generate 0.0% return on investment in Montea CVA over 390 days. Montea CVA is related to or competes with Warehouses, Warehouses Estates, Exmar NV, Iep Invest, Unifiedpost Group, and Biocartis Group. VA is a public property investment company under Belgian law specialising in logistical property in Belgium, France and ... More
Montea CVA 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 Montea CVA'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 Montea CVA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 6.32 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 1.89 |
Montea CVA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Montea CVA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Montea CVA's standard deviation. In reality, there are many statistical measures that can use Montea CVA historical prices to predict the future Montea CVA's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (3.18) |
Montea CVA Backtested Returns
Montea CVA has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21% return per unit of risk over the last 3 months. Montea CVA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Montea CVA's Standard Deviation of 1.39, mean deviation of 1.06, and Risk Adjusted Performance of (0.17) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Montea CVA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Montea CVA is expected to be smaller as well. At this point, Montea CVA has a negative expected return of -0.29%. Please make sure to verify Montea CVA's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Montea CVA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.44 |
Modest reverse predictability
Montea CVA has modest reverse predictability. Overlapping area represents the amount of predictability between Montea CVA time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Montea CVA price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Montea CVA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 33.01 |
Montea CVA lagged returns against current returns
Autocorrelation, which is Montea CVA 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 Montea CVA's stock expected returns. We can calculate the autocorrelation of Montea CVA returns to help us make a trade decision. For example, suppose you find that Montea CVA 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 |
Montea CVA 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 Montea CVA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Montea CVA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Montea CVA stock over time.
Current vs Lagged Prices |
| Timeline |
Montea CVA Lagged Returns
When evaluating Montea CVA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Montea CVA stock have on its future price. Montea CVA 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, Montea CVA autocorrelation shows the relationship between Montea CVA stock current value and its past values and can show if there is a momentum factor associated with investing in Montea CVA.
Regressed Prices |
| Timeline |
Pair Trading with Montea CVA
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 Montea CVA 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 Montea CVA will appreciate offsetting losses from the drop in the long position's value.Moving together with Montea Stock
The ability to find closely correlated positions to Montea CVA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Montea CVA 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 Montea CVA - 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 Montea CVA to buy it.
The correlation of Montea CVA 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 Montea CVA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Montea CVA 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 Montea CVA 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.Additional Tools for Montea Stock Analysis
When running Montea CVA's price analysis, check to measure Montea CVA'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 Montea CVA is operating at the current time. Most of Montea CVA's value examination focuses on studying past and present price action to predict the probability of Montea CVA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montea CVA's price. Additionally, you may evaluate how the addition of Montea CVA to your portfolios can decrease your overall portfolio volatility.