CN MODERN (Germany) Market Value
| 07M Stock | EUR 0.11 0.01 10.00% |
| Symbol | 07M |
CN MODERN '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 CN MODERN'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 CN MODERN.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in CN MODERN on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding CN MODERN DAIRY or generate 0.0% return on investment in CN MODERN over 30 days. CN MODERN is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
CN MODERN 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 CN MODERN'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 CN MODERN DAIRY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.49 | |||
| Information Ratio | 0.124 | |||
| Maximum Drawdown | 20.53 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 10.0 |
CN MODERN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CN MODERN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CN MODERN's standard deviation. In reality, there are many statistical measures that can use CN MODERN historical prices to predict the future CN MODERN's volatility.| Risk Adjusted Performance | 0.1175 | |||
| Jensen Alpha | 0.6032 | |||
| Total Risk Alpha | 0.0892 | |||
| Sortino Ratio | 0.1318 | |||
| Treynor Ratio | (0.93) |
CN MODERN DAIRY Backtested Returns
CN MODERN appears to be out of control, given 3 months investment horizon. CN MODERN DAIRY retains Efficiency (Sharpe Ratio) of 0.15, which signifies that the company had a 0.15% return per unit of price deviation over the last 3 months. By evaluating CN MODERN's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of CN MODERN's Market Risk Adjusted Performance of (0.92), coefficient of variation of 662.17, and Standard Deviation of 3.71 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CN MODERN holds a performance score of 12. The firm owns a Beta (Systematic Risk) of -0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CN MODERN are expected to decrease at a much lower rate. During the bear market, CN MODERN is likely to outperform the market. Please check CN MODERN's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether CN MODERN's current price history will revert.
Auto-correlation | -0.52 |
Good reverse predictability
CN MODERN DAIRY has good reverse predictability. Overlapping area represents the amount of predictability between CN MODERN time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 CN MODERN DAIRY price movement. The serial correlation of -0.52 indicates that about 52.0% of current CN MODERN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CN MODERN DAIRY lagged returns against current returns
Autocorrelation, which is CN MODERN 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 CN MODERN's stock expected returns. We can calculate the autocorrelation of CN MODERN returns to help us make a trade decision. For example, suppose you find that CN MODERN 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 |
CN MODERN 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 CN MODERN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CN MODERN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CN MODERN stock over time.
Current vs Lagged Prices |
| Timeline |
CN MODERN Lagged Returns
When evaluating CN MODERN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CN MODERN stock have on its future price. CN MODERN 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, CN MODERN autocorrelation shows the relationship between CN MODERN stock current value and its past values and can show if there is a momentum factor associated with investing in CN MODERN DAIRY.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in 07M Stock
CN MODERN financial ratios help investors to determine whether 07M Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 07M with respect to the benefits of owning CN MODERN security.