Corporate Travel (Germany) Market Value
| 1C6 Stock | 8.55 0.05 0.59% |
| Symbol | Corporate |
Corporate Travel '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 Corporate Travel'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 Corporate Travel.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Corporate Travel on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Corporate Travel Management or generate 0.0% return on investment in Corporate Travel over 720 days. Corporate Travel is related to or competes with North American, H FARM, Cardinal Health, Dairy Farm, Titan Machinery, Scandinavian Tobacco, and JAPAN TOBACCO. More
Corporate Travel 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 Corporate Travel'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 Corporate Travel Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.76 | |||
| Information Ratio | 0.0481 | |||
| Maximum Drawdown | 17.13 | |||
| Value At Risk | (5.76) | |||
| Potential Upside | 4.93 |
Corporate Travel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corporate Travel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Corporate Travel's standard deviation. In reality, there are many statistical measures that can use Corporate Travel historical prices to predict the future Corporate Travel's volatility.| Risk Adjusted Performance | 0.0776 | |||
| Jensen Alpha | 0.2376 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0404 | |||
| Treynor Ratio | 0.8512 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Corporate Travel'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.
Corporate Travel Man Backtested Returns
Corporate Travel appears to be slightly risky, given 3 months investment horizon. Corporate Travel Man secures Sharpe Ratio (or Efficiency) of 0.0837, which signifies that the company had a 0.0837% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Corporate Travel Management, which you can use to evaluate the volatility of the firm. Please makes use of Corporate Travel's Downside Deviation of 3.76, risk adjusted performance of 0.0776, and Mean Deviation of 2.24 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Corporate Travel holds a performance score of 6. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Corporate Travel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Corporate Travel is expected to be smaller as well. Please check Corporate Travel's treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether Corporate Travel's price patterns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Corporate Travel Management has insignificant reverse predictability. Overlapping area represents the amount of predictability between Corporate Travel time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Corporate Travel Man price movement. The serial correlation of -0.18 indicates that over 18.0% of current Corporate Travel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 2.38 |
Corporate Travel Man lagged returns against current returns
Autocorrelation, which is Corporate Travel 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 Corporate Travel's stock expected returns. We can calculate the autocorrelation of Corporate Travel returns to help us make a trade decision. For example, suppose you find that Corporate Travel 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 |
Corporate Travel 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 Corporate Travel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Corporate Travel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Corporate Travel stock over time.
Current vs Lagged Prices |
| Timeline |
Corporate Travel Lagged Returns
When evaluating Corporate Travel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Corporate Travel stock have on its future price. Corporate Travel 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, Corporate Travel autocorrelation shows the relationship between Corporate Travel stock current value and its past values and can show if there is a momentum factor associated with investing in Corporate Travel Management.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Corporate Stock Analysis
When running Corporate Travel's price analysis, check to measure Corporate Travel'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 Corporate Travel is operating at the current time. Most of Corporate Travel's value examination focuses on studying past and present price action to predict the probability of Corporate Travel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corporate Travel's price. Additionally, you may evaluate how the addition of Corporate Travel to your portfolios can decrease your overall portfolio volatility.