IBEX 35 (Spain) Market Value

IBEX Index   10,065  63.40  0.63%   
IBEX 35's market value is the price at which a share of IBEX 35 stock trades on a public exchange. It measures the collective expectations of IBEX 35 Index investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of IBEX 35 Index and determine expected loss or profit from investing in IBEX 35 over a given investment horizon.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any Index could be tightly coupled with the direction of predictive economic indicators such as signals in population.

IBEX 35 '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 IBEX 35's index 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 IBEX 35.
No Change 0.00  0.0 
In 11 months and 26 days
If you would invest  0.00  in IBEX 35 on March 10, 2023 and sell it all today you would earn a total of 0.00 from holding IBEX 35 Index or generate 0.0% return on investment in IBEX 35 over 360 days.

IBEX 35 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 IBEX 35's index 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 IBEX 35 Index upside and downside potential and time the market with a certain degree of confidence.

IBEX 35 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for IBEX 35's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IBEX 35's standard deviation. In reality, there are many statistical measures that can use IBEX 35 historical prices to predict the future IBEX 35's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of IBEX 35'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. Please use the tools below to analyze the current value of IBEX 35 in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as IBEX 35. Your research has to be compared to or analyzed against IBEX 35's peers to derive any actionable benefits. When done correctly, IBEX 35's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in IBEX 35 Index.

IBEX 35 Index Backtested Returns

IBEX 35 Index holds Efficiency (Sharpe) Ratio of -0.0362, which attests that the index had -0.0362% return per unit of return volatility over the last 3 months. Our approach into determining the risk of any index is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. IBEX 35 Index exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. The entity retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and IBEX 35 are completely uncorrelated.



Modest predictability

IBEX 35 Index has modest predictability. Overlapping area represents the amount of predictability between IBEX 35 time series from 10th of March 2023 to 6th of September 2023 and 6th of September 2023 to 4th of March 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 IBEX 35 Index price movement. The serial correlation of 0.52 indicates that about 52.0% of current IBEX 35 price fluctuation can be explain by its past prices.
Correlation Coefficient0.52
Spearman Rank Test0.46
Residual Average0.0
Price Variance151.5 K

IBEX 35 Index lagged returns against current returns

Autocorrelation, which is IBEX 35 index'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 IBEX 35's index expected returns. We can calculate the autocorrelation of IBEX 35 returns to help us make a trade decision. For example, suppose you find that IBEX 35 index 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 stock movement to match the lagging time series.
   Current and Lagged Values   

IBEX 35 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 IBEX 35 index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IBEX 35 index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IBEX 35 index over time.
   Current vs Lagged Prices   

IBEX 35 Lagged Returns

When evaluating IBEX 35's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IBEX 35 index have on its future price. IBEX 35 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, IBEX 35 autocorrelation shows the relationship between IBEX 35 index current value and its past values and can show if there is a momentum factor associated with investing in IBEX 35 Index.
   Regressed Prices   

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 Architect
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any Index could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for IBEX Index analysis

When running IBEX 35's price analysis, check to measure IBEX 35'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 IBEX 35 is operating at the current time. Most of IBEX 35's value examination focuses on studying past and present price action to predict the probability of IBEX 35's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IBEX 35's price. Additionally, you may evaluate how the addition of IBEX 35 to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Global Correlations
Find global opportunities by holding instruments from different markets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Transaction History
View history of all your transactions and understand their impact on performance
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
IBEX 35 technical index 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, index market cycles, or different charting patterns.
A focus of IBEX 35 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IBEX 35 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...