Controladora Vuela (Germany) Market Value
| 2CDA Stock | EUR 7.90 0.40 5.33% |
| Symbol | Controladora |
Controladora Vuela '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 Controladora Vuela'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 Controladora Vuela.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Controladora Vuela on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Controladora Vuela Compaa or generate 0.0% return on investment in Controladora Vuela over 30 days. Controladora Vuela is related to or competes with AIR CHINA, and China Southern. Controladora Vuela Compaa de Aviacin, S.A.B More
Controladora Vuela 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 Controladora Vuela'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 Controladora Vuela Compaa upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.75 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.59 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 4.0 |
Controladora Vuela Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Controladora Vuela's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Controladora Vuela's standard deviation. In reality, there are many statistical measures that can use Controladora Vuela historical prices to predict the future Controladora Vuela's volatility.| Risk Adjusted Performance | 0.018 | |||
| Jensen Alpha | 0.0463 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Controladora Vuela'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.
Controladora Vuela Compaa Backtested Returns
We consider Controladora Vuela out of control. Controladora Vuela Compaa secures Sharpe Ratio (or Efficiency) of 0.0362, which signifies that the company had a 0.0362% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Controladora Vuela Compaa, which you can use to evaluate the volatility of the firm. Please confirm Controladora Vuela's Risk Adjusted Performance of 0.018, downside deviation of 2.75, and Mean Deviation of 2.01 to double-check if the risk estimate we provide is consistent with the expected return of 0.0967%. Controladora Vuela has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Controladora Vuela are expected to decrease at a much lower rate. During the bear market, Controladora Vuela is likely to outperform the market. Controladora Vuela Compaa right now shows a risk of 2.67%. Please confirm Controladora Vuela Compaa information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Controladora Vuela Compaa will be following its price patterns.
Auto-correlation | -0.22 |
Weak reverse predictability
Controladora Vuela Compaa has weak reverse predictability. Overlapping area represents the amount of predictability between Controladora Vuela time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Controladora Vuela Compaa price movement. The serial correlation of -0.22 indicates that over 22.0% of current Controladora Vuela price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Controladora Vuela Compaa lagged returns against current returns
Autocorrelation, which is Controladora Vuela 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 Controladora Vuela's stock expected returns. We can calculate the autocorrelation of Controladora Vuela returns to help us make a trade decision. For example, suppose you find that Controladora Vuela 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 |
Controladora Vuela 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 Controladora Vuela stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Controladora Vuela stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Controladora Vuela stock over time.
Current vs Lagged Prices |
| Timeline |
Controladora Vuela Lagged Returns
When evaluating Controladora Vuela's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Controladora Vuela stock have on its future price. Controladora Vuela 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, Controladora Vuela autocorrelation shows the relationship between Controladora Vuela stock current value and its past values and can show if there is a momentum factor associated with investing in Controladora Vuela Compaa.
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 Controladora Vuela 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, Controladora Vuela's short interest history, or implied volatility extrapolated from Controladora Vuela options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Controladora Vuela Correlation, Controladora Vuela Volatility and Controladora Vuela Alpha and Beta module to complement your research on Controladora Vuela. Note that the Controladora Vuela Compaa information on this page should be used as a complementary analysis to other Controladora Vuela'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Controladora Stock analysis
When running Controladora Vuela's price analysis, check to measure Controladora Vuela'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 Controladora Vuela is operating at the current time. Most of Controladora Vuela's value examination focuses on studying past and present price action to predict the probability of Controladora Vuela's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Controladora Vuela's price. Additionally, you may evaluate how the addition of Controladora Vuela to your portfolios can decrease your overall portfolio volatility.
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Controladora Vuela 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.