CCB Principal's market value is the price at which a share of CCB Principal trades on a public exchange. It measures the collective expectations of CCB Principal SSE investors about its performance. CCB Principal is trading at 2.54 as of the 17th of March 2025, a 2.01 percent increase since the beginning of the trading day. The etf's open price was 2.49. With this module, you can estimate the performance of a buy and hold strategy of CCB Principal SSE and determine expected loss or profit from investing in CCB Principal over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
CCB
CCB Principal '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 CCB Principal's etf 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 CCB Principal.
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12/17/2024
No Change 0.00
0.0
In 3 months and 1 day
03/17/2025
0.00
If you would invest 0.00 in CCB Principal on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding CCB Principal SSE or generate 0.0% return on investment in CCB Principal over 90 days.
CCB Principal 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 CCB Principal's etf 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 CCB Principal SSE upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for CCB Principal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CCB Principal's standard deviation. In reality, there are many statistical measures that can use CCB Principal historical prices to predict the future CCB Principal's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CCB Principal. Your research has to be compared to or analyzed against CCB Principal's peers to derive any actionable benefits. When done correctly, CCB Principal's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CCB Principal SSE.
CCB Principal SSE Backtested Returns
At this point, CCB Principal is somewhat reliable. CCB Principal SSE retains Efficiency (Sharpe Ratio) of 0.0569, which signifies that the etf had a 0.0569 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for CCB Principal, which you can use to evaluate the volatility of the entity. Please confirm CCB Principal's coefficient of variation of 1768.76, and Market Risk Adjusted Performance of 0.232 to double-check if the risk estimate we provide is consistent with the expected return of 0.0524%. The entity owns a Beta (Systematic Risk) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CCB Principal's returns are expected to increase less than the market. However, during the bear market, the loss of holding CCB Principal is expected to be smaller as well.
Auto-correlation
-0.18
Insignificant reverse predictability
CCB Principal SSE has insignificant reverse predictability. Overlapping area represents the amount of predictability between CCB Principal 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 CCB Principal SSE price movement. The serial correlation of -0.18 indicates that over 18.0% of current CCB Principal price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.18
Spearman Rank Test
-0.4
Residual Average
0.0
Price Variance
0.0
CCB Principal SSE lagged returns against current returns
Autocorrelation, which is CCB Principal etf'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 CCB Principal's etf expected returns. We can calculate the autocorrelation of CCB Principal returns to help us make a trade decision. For example, suppose you find that CCB Principal has exhibited high autocorrelation historically, and you observe that the etf 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
CCB Principal 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 CCB Principal etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CCB Principal etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CCB Principal etf over time.
Current vs Lagged Prices
Timeline
CCB Principal Lagged Returns
When evaluating CCB Principal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CCB Principal etf have on its future price. CCB Principal 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, CCB Principal autocorrelation shows the relationship between CCB Principal etf current value and its past values and can show if there is a momentum factor associated with investing in CCB Principal SSE.