CELLULAR GOODS (Germany) Market Value
| 6XS Stock | EUR 0 0.0005 100.00% |
| Symbol | CELLULAR |
CELLULAR GOODS '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 CELLULAR GOODS'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 CELLULAR GOODS.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in CELLULAR GOODS on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding CELLULAR GOODS LS or generate 0.0% return on investment in CELLULAR GOODS over 60 days. CELLULAR GOODS is related to or competes with Alibaba Health, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, and NorAm Drilling. Cellular Goods PLC manufactures and sells biosynthetic cannabinoids-based consumer products in the United Kingdom More
CELLULAR GOODS 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 CELLULAR GOODS'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 CELLULAR GOODS LS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0531 | |||
| Maximum Drawdown | 150.0 |
CELLULAR GOODS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CELLULAR GOODS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CELLULAR GOODS's standard deviation. In reality, there are many statistical measures that can use CELLULAR GOODS historical prices to predict the future CELLULAR GOODS's volatility.| Risk Adjusted Performance | 0.0538 | |||
| Jensen Alpha | 0.7109 | |||
| Total Risk Alpha | 0.537 | |||
| Treynor Ratio | 0.2515 |
CELLULAR GOODS LS Backtested Returns
We have found twenty technical indicators for CELLULAR GOODS LS, which you can use to evaluate the volatility of the firm. Please confirm CELLULAR GOODS's Mean Deviation of 3.01, risk adjusted performance of 0.0538, and Coefficient Of Variation of 1827.74 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. The firm shows a Beta (market volatility) of 2.97, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CELLULAR GOODS will likely underperform. CELLULAR GOODS LS at this time shows a risk of 0.0%. Please confirm CELLULAR GOODS LS standard deviation, total risk alpha, daily balance of power, as well as the relationship between the information ratio and kurtosis , to decide if CELLULAR GOODS LS will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
CELLULAR GOODS LS has no correlation between past and present. Overlapping area represents the amount of predictability between CELLULAR GOODS time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 CELLULAR GOODS LS price movement. The serial correlation of 0.0 indicates that just 0.0% of current CELLULAR GOODS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CELLULAR GOODS LS lagged returns against current returns
Autocorrelation, which is CELLULAR GOODS 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 CELLULAR GOODS's stock expected returns. We can calculate the autocorrelation of CELLULAR GOODS returns to help us make a trade decision. For example, suppose you find that CELLULAR GOODS 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 |
CELLULAR GOODS 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 CELLULAR GOODS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CELLULAR GOODS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CELLULAR GOODS stock over time.
Current vs Lagged Prices |
| Timeline |
CELLULAR GOODS Lagged Returns
When evaluating CELLULAR GOODS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CELLULAR GOODS stock have on its future price. CELLULAR GOODS 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, CELLULAR GOODS autocorrelation shows the relationship between CELLULAR GOODS stock current value and its past values and can show if there is a momentum factor associated with investing in CELLULAR GOODS LS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CELLULAR Stock
CELLULAR GOODS financial ratios help investors to determine whether CELLULAR Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CELLULAR with respect to the benefits of owning CELLULAR GOODS security.