CVR Energy (UK) Market Value
| 0HRR Stock | 19.46 0.40 2.10% |
| Symbol | CVR |
CVR Energy '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 CVR Energy'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 CVR Energy.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in CVR Energy on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding CVR Energy or generate 0.0% return on investment in CVR Energy over 30 days. CVR Energy is related to or competes with Advanced Medical, Team Internet, Alfa Financial, Grand Vision, Various Eateries, JD Sports, and One Media. CVR Energy is entity of United Kingdom. It is traded as Stock on LSE exchange. More
CVR Energy 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 CVR Energy'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 CVR Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 30.84 | |||
| Value At Risk | (5.49) | |||
| Potential Upside | 4.87 |
CVR Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CVR Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CVR Energy's standard deviation. In reality, there are many statistical measures that can use CVR Energy historical prices to predict the future CVR Energy's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (0.12) |
CVR Energy Backtested Returns
CVR Energy secures Sharpe Ratio (or Efficiency) of -0.0617, which signifies that the company had a -0.0617% return per unit of risk over the last 3 months. CVR Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CVR Energy's risk adjusted performance of (0.03), and Mean Deviation of 2.71 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.02, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CVR Energy will likely underperform. At this point, CVR Energy has a negative expected return of -0.28%. Please make sure to confirm CVR Energy's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if CVR Energy performance from the past will be repeated at future time.
Auto-correlation | 0.72 |
Good predictability
CVR Energy has good predictability. Overlapping area represents the amount of predictability between CVR Energy time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 CVR Energy price movement. The serial correlation of 0.72 indicates that around 72.0% of current CVR Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
CVR Energy lagged returns against current returns
Autocorrelation, which is CVR Energy 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 CVR Energy's stock expected returns. We can calculate the autocorrelation of CVR Energy returns to help us make a trade decision. For example, suppose you find that CVR Energy 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 |
CVR Energy 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 CVR Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CVR Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CVR Energy stock over time.
Current vs Lagged Prices |
| Timeline |
CVR Energy Lagged Returns
When evaluating CVR Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CVR Energy stock have on its future price. CVR Energy 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, CVR Energy autocorrelation shows the relationship between CVR Energy stock current value and its past values and can show if there is a momentum factor associated with investing in CVR Energy.
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.Additional Tools for CVR Stock Analysis
When running CVR Energy's price analysis, check to measure CVR Energy'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 CVR Energy is operating at the current time. Most of CVR Energy's value examination focuses on studying past and present price action to predict the probability of CVR Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVR Energy's price. Additionally, you may evaluate how the addition of CVR Energy to your portfolios can decrease your overall portfolio volatility.