COREBRIDGE FINANCIAL (Germany) Market Value
| AS5 Stock | 29.40 0.40 1.38% |
| Symbol | COREBRIDGE |
COREBRIDGE FINANCIAL '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 COREBRIDGE FINANCIAL'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 COREBRIDGE FINANCIAL.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in COREBRIDGE FINANCIAL on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding COREBRIDGE FINANCIAL INC or generate 0.0% return on investment in COREBRIDGE FINANCIAL over 60 days. COREBRIDGE FINANCIAL is related to or competes with Ameriprise Financial, T Rowe, Ares Management, and Northern Trust. More
COREBRIDGE FINANCIAL 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 COREBRIDGE FINANCIAL'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 COREBRIDGE FINANCIAL INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.1086 | |||
| Maximum Drawdown | 15.14 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.84 |
COREBRIDGE FINANCIAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COREBRIDGE FINANCIAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COREBRIDGE FINANCIAL's standard deviation. In reality, there are many statistical measures that can use COREBRIDGE FINANCIAL historical prices to predict the future COREBRIDGE FINANCIAL's volatility.| Risk Adjusted Performance | 0.1033 | |||
| Jensen Alpha | 0.217 | |||
| Total Risk Alpha | 0.1916 | |||
| Sortino Ratio | 0.1246 | |||
| Treynor Ratio | 0.7244 |
COREBRIDGE FINANCIAL INC Backtested Returns
At this point, COREBRIDGE FINANCIAL is very steady. COREBRIDGE FINANCIAL INC secures Sharpe Ratio (or Efficiency) of 0.073, which signifies that the company had a 0.073% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for COREBRIDGE FINANCIAL INC, which you can use to evaluate the volatility of the firm. Please confirm COREBRIDGE FINANCIAL's risk adjusted performance of 0.1033, and Mean Deviation of 1.24 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. COREBRIDGE FINANCIAL has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, COREBRIDGE FINANCIAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding COREBRIDGE FINANCIAL is expected to be smaller as well. COREBRIDGE FINANCIAL INC currently shows a risk of 1.88%. Please confirm COREBRIDGE FINANCIAL INC sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if COREBRIDGE FINANCIAL INC will be following its price patterns.
Auto-correlation | 0.09 |
Virtually no predictability
COREBRIDGE FINANCIAL INC has virtually no predictability. Overlapping area represents the amount of predictability between COREBRIDGE FINANCIAL 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 COREBRIDGE FINANCIAL INC price movement. The serial correlation of 0.09 indicates that less than 9.0% of current COREBRIDGE FINANCIAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
COREBRIDGE FINANCIAL INC lagged returns against current returns
Autocorrelation, which is COREBRIDGE FINANCIAL 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 COREBRIDGE FINANCIAL's stock expected returns. We can calculate the autocorrelation of COREBRIDGE FINANCIAL returns to help us make a trade decision. For example, suppose you find that COREBRIDGE FINANCIAL 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 |
COREBRIDGE FINANCIAL 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 COREBRIDGE FINANCIAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COREBRIDGE FINANCIAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COREBRIDGE FINANCIAL stock over time.
Current vs Lagged Prices |
| Timeline |
COREBRIDGE FINANCIAL Lagged Returns
When evaluating COREBRIDGE FINANCIAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COREBRIDGE FINANCIAL stock have on its future price. COREBRIDGE FINANCIAL 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, COREBRIDGE FINANCIAL autocorrelation shows the relationship between COREBRIDGE FINANCIAL stock current value and its past values and can show if there is a momentum factor associated with investing in COREBRIDGE FINANCIAL INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in COREBRIDGE Stock
COREBRIDGE FINANCIAL financial ratios help investors to determine whether COREBRIDGE 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 COREBRIDGE with respect to the benefits of owning COREBRIDGE FINANCIAL security.