CN RAILWAY (Germany) Market Value
| 4FF Stock | 0.65 0.00 0.00% |
| Symbol | 4FF |
CN RAILWAY '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 RAILWAY'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 RAILWAY.
| 10/24/2024 |
| 01/22/2025 |
If you would invest 0.00 in CN RAILWAY on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding CN RAILWAY S or generate 0.0% return on investment in CN RAILWAY over 90 days. CN RAILWAY is related to or competes with Geely Automobile, MOLSON RS, COFCO Joycome, Tyson Foods, CAL MAINE, CarsalesCom, and SENECA FOODS. More
CN RAILWAY 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 RAILWAY'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 RAILWAY S upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.33 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.13 |
CN RAILWAY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CN RAILWAY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CN RAILWAY's standard deviation. In reality, there are many statistical measures that can use CN RAILWAY historical prices to predict the future CN RAILWAY's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CN RAILWAY'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.
CN RAILWAY S Backtested Returns
CN RAILWAY S retains Efficiency (Sharpe Ratio) of -0.0213, which signifies that the company had a -0.0213 % return per unit of price deviation over the last 3 months. CN RAILWAY exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CN RAILWAY's Variance of 3.07, market risk adjusted performance of (0.22), and Information Ratio of (0.04) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CN RAILWAY's returns are expected to increase less than the market. However, during the bear market, the loss of holding CN RAILWAY is expected to be smaller as well. At this point, CN RAILWAY S has a negative expected return of -0.0373%. Please make sure to confirm CN RAILWAY's coefficient of variation, value at risk, day typical price, as well as the relationship between the information ratio and kurtosis , to decide if CN RAILWAY S performance from the past will be repeated sooner or later.
Auto-correlation | 0.46 |
Average predictability
CN RAILWAY S has average predictability. Overlapping area represents the amount of predictability between CN RAILWAY time series from 24th of October 2024 to 8th of December 2024 and 8th of December 2024 to 22nd of January 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 CN RAILWAY S price movement. The serial correlation of 0.46 indicates that about 46.0% of current CN RAILWAY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CN RAILWAY S lagged returns against current returns
Autocorrelation, which is CN RAILWAY 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 RAILWAY's stock expected returns. We can calculate the autocorrelation of CN RAILWAY returns to help us make a trade decision. For example, suppose you find that CN RAILWAY 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 RAILWAY 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 RAILWAY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CN RAILWAY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CN RAILWAY stock over time.
Current vs Lagged Prices |
| Timeline |
CN RAILWAY Lagged Returns
When evaluating CN RAILWAY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CN RAILWAY stock have on its future price. CN RAILWAY 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 RAILWAY autocorrelation shows the relationship between CN RAILWAY stock current value and its past values and can show if there is a momentum factor associated with investing in CN RAILWAY S.
Regressed Prices |
| Timeline |
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Additional Tools for 4FF Stock Analysis
When running CN RAILWAY's price analysis, check to measure CN RAILWAY'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 CN RAILWAY is operating at the current time. Most of CN RAILWAY's value examination focuses on studying past and present price action to predict the probability of CN RAILWAY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CN RAILWAY's price. Additionally, you may evaluate how the addition of CN RAILWAY to your portfolios can decrease your overall portfolio volatility.