Cellnex Telecom (Germany) Market Value
| 472 Stock | 32.00 0.16 0.50% |
| Symbol | Cellnex |
Cellnex Telecom '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 Cellnex Telecom'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 Cellnex Telecom.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Cellnex Telecom on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Cellnex Telecom SA or generate 0.0% return on investment in Cellnex Telecom over 90 days. Cellnex Telecom is related to or competes with MEDICAL FACILITIES, ZhongAn Online, Advanced Medical, Peijia Medical, Lamar Advertising, and GungHo Online. More
Cellnex Telecom 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 Cellnex Telecom'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 Cellnex Telecom SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.18 | |||
| Information Ratio | 0.0687 | |||
| Maximum Drawdown | 12.67 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 2.93 |
Cellnex Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cellnex Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cellnex Telecom's standard deviation. In reality, there are many statistical measures that can use Cellnex Telecom historical prices to predict the future Cellnex Telecom's volatility.| Risk Adjusted Performance | 0.0264 | |||
| Jensen Alpha | 0.0471 | |||
| Total Risk Alpha | 0.3151 | |||
| Sortino Ratio | 0.0688 | |||
| Treynor Ratio | 0.756 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cellnex Telecom'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.
Cellnex Telecom SA Backtested Returns
Currently, Cellnex Telecom SA is very steady. Cellnex Telecom SA secures Sharpe Ratio (or Efficiency) of 0.0234, which signifies that the company had a 0.0234 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cellnex Telecom SA, which you can use to evaluate the volatility of the firm. Please confirm Cellnex Telecom's Mean Deviation of 1.59, downside deviation of 2.18, and Risk Adjusted Performance of 0.0264 to double-check if the risk estimate we provide is consistent with the expected return of 0.0512%. Cellnex Telecom has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0545, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cellnex Telecom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cellnex Telecom is expected to be smaller as well. Cellnex Telecom SA right now shows a risk of 2.19%. Please confirm Cellnex Telecom SA total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if Cellnex Telecom SA will be following its price patterns.
Auto-correlation | 0.38 |
Below average predictability
Cellnex Telecom SA has below average predictability. Overlapping area represents the amount of predictability between Cellnex Telecom time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cellnex Telecom SA price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Cellnex Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.07 |
Cellnex Telecom SA lagged returns against current returns
Autocorrelation, which is Cellnex Telecom 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 Cellnex Telecom's stock expected returns. We can calculate the autocorrelation of Cellnex Telecom returns to help us make a trade decision. For example, suppose you find that Cellnex Telecom 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 |
Cellnex Telecom 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 Cellnex Telecom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cellnex Telecom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cellnex Telecom stock over time.
Current vs Lagged Prices |
| Timeline |
Cellnex Telecom Lagged Returns
When evaluating Cellnex Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cellnex Telecom stock have on its future price. Cellnex Telecom 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, Cellnex Telecom autocorrelation shows the relationship between Cellnex Telecom stock current value and its past values and can show if there is a momentum factor associated with investing in Cellnex Telecom SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Cellnex Stock Analysis
When running Cellnex Telecom's price analysis, check to measure Cellnex Telecom'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 Cellnex Telecom is operating at the current time. Most of Cellnex Telecom's value examination focuses on studying past and present price action to predict the probability of Cellnex Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cellnex Telecom's price. Additionally, you may evaluate how the addition of Cellnex Telecom to your portfolios can decrease your overall portfolio volatility.