Centaur Bci (South Africa) Market Value
| 0P0000Z6BH | 2.45 0.01 0.41% |
| Symbol | Centaur |
Centaur Bci '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 Centaur Bci's fund 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 Centaur Bci.
| 07/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in Centaur Bci on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding Centaur Bci Balanced or generate 0.0% return on investment in Centaur Bci over 510 days.
Centaur Bci 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 Centaur Bci's fund 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 Centaur Bci Balanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4742 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 2.53 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.8403 |
Centaur Bci Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centaur Bci's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centaur Bci's standard deviation. In reality, there are many statistical measures that can use Centaur Bci historical prices to predict the future Centaur Bci's volatility.| Risk Adjusted Performance | 0.1534 | |||
| Jensen Alpha | 0.0773 | |||
| Total Risk Alpha | 0.0175 | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 1.05 |
Centaur Bci Balanced Backtested Returns
At this stage we consider Centaur Fund to be not too volatile. Centaur Bci Balanced secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the fund had a 0.25% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Centaur Bci Balanced, which you can use to evaluate the volatility of the entity. Please confirm Centaur Bci's Coefficient Of Variation of 451.58, mean deviation of 0.3289, and Risk Adjusted Performance of 0.1534 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 0.0823, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Centaur Bci's returns are expected to increase less than the market. However, during the bear market, the loss of holding Centaur Bci is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
Centaur Bci Balanced has good predictability. Overlapping area represents the amount of predictability between Centaur Bci time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 Centaur Bci Balanced price movement. The serial correlation of 0.78 indicates that around 78.0% of current Centaur Bci price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Centaur Bci Balanced lagged returns against current returns
Autocorrelation, which is Centaur Bci fund'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 Centaur Bci's fund expected returns. We can calculate the autocorrelation of Centaur Bci returns to help us make a trade decision. For example, suppose you find that Centaur Bci has exhibited high autocorrelation historically, and you observe that the fund 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 |
Centaur Bci 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 Centaur Bci fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centaur Bci fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centaur Bci fund over time.
Current vs Lagged Prices |
| Timeline |
Centaur Bci Lagged Returns
When evaluating Centaur Bci's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centaur Bci fund have on its future price. Centaur Bci 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, Centaur Bci autocorrelation shows the relationship between Centaur Bci fund current value and its past values and can show if there is a momentum factor associated with investing in Centaur Bci Balanced.
Regressed Prices |
| Timeline |
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