CAIRN HOMES (Germany) Market Value
| C5H Stock | EUR 2.36 0.01 0.43% |
| Symbol | CAIRN |
CAIRN HOMES '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 CAIRN HOMES'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 CAIRN HOMES.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in CAIRN HOMES on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding CAIRN HOMES EO or generate 0.0% return on investment in CAIRN HOMES over 60 days. CAIRN HOMES is related to or competes with NVR, Sekisui Chemical, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and Talanx AG. The company was incorporated in 2014 and is based in Dublin, Ireland More
CAIRN HOMES 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 CAIRN HOMES'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 CAIRN HOMES EO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | 0.1296 | |||
| Maximum Drawdown | 14.66 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 5.31 |
CAIRN HOMES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CAIRN HOMES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CAIRN HOMES's standard deviation. In reality, there are many statistical measures that can use CAIRN HOMES historical prices to predict the future CAIRN HOMES's volatility.| Risk Adjusted Performance | 0.1186 | |||
| Jensen Alpha | 0.3931 | |||
| Total Risk Alpha | 0.3417 | |||
| Sortino Ratio | 0.124 | |||
| Treynor Ratio | (0.63) |
CAIRN HOMES EO Backtested Returns
CAIRN HOMES appears to be risky, given 3 months investment horizon. CAIRN HOMES EO secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for CAIRN HOMES EO, which you can use to evaluate the volatility of the entity. Please makes use of CAIRN HOMES's Mean Deviation of 2.17, coefficient of variation of 728.14, and Downside Deviation of 3.01 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CAIRN HOMES holds a performance score of 10. The firm shows a Beta (market volatility) of -0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CAIRN HOMES are expected to decrease at a much lower rate. During the bear market, CAIRN HOMES is likely to outperform the market. Please check CAIRN HOMES's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether CAIRN HOMES's price patterns will revert.
Auto-correlation | -0.54 |
Good reverse predictability
CAIRN HOMES EO has good reverse predictability. Overlapping area represents the amount of predictability between CAIRN HOMES 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 CAIRN HOMES EO price movement. The serial correlation of -0.54 indicates that about 54.0% of current CAIRN HOMES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
CAIRN HOMES EO lagged returns against current returns
Autocorrelation, which is CAIRN HOMES 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 CAIRN HOMES's stock expected returns. We can calculate the autocorrelation of CAIRN HOMES returns to help us make a trade decision. For example, suppose you find that CAIRN HOMES 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 |
CAIRN HOMES 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 CAIRN HOMES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CAIRN HOMES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CAIRN HOMES stock over time.
Current vs Lagged Prices |
| Timeline |
CAIRN HOMES Lagged Returns
When evaluating CAIRN HOMES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CAIRN HOMES stock have on its future price. CAIRN HOMES 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, CAIRN HOMES autocorrelation shows the relationship between CAIRN HOMES stock current value and its past values and can show if there is a momentum factor associated with investing in CAIRN HOMES EO.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CAIRN Stock
CAIRN HOMES financial ratios help investors to determine whether CAIRN 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 CAIRN with respect to the benefits of owning CAIRN HOMES security.