Cboe Global (Germany) Market Value
| C67 Stock | EUR 188.90 2.45 1.28% |
| Symbol | Cboe |
Cboe Global '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 Cboe Global'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 Cboe Global.
| 12/25/2022 |
| 12/14/2024 |
If you would invest 0.00 in Cboe Global on December 25, 2022 and sell it all today you would earn a total of 0.00 from holding Cboe Global Markets or generate 0.0% return on investment in Cboe Global over 720 days. Cboe Global is related to or competes with COLUMBIA SPORTSWEAR, SIDETRADE, Tradeweb Markets, Fast Retailing, FAST RETAIL, PARKEN Sport, and MARKET VECTR. Cboe Global Markets, Inc., through its subsidiaries, operates as an options exchange worldwide More
Cboe Global 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 Cboe Global'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 Cboe Global Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.64 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.86 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 2.58 |
Cboe Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cboe Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cboe Global's standard deviation. In reality, there are many statistical measures that can use Cboe Global historical prices to predict the future Cboe Global's volatility.| Risk Adjusted Performance | 0.0125 | |||
| Jensen Alpha | 0.0524 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.01) |
Cboe Global Markets Backtested Returns
At this point, Cboe Global is very steady. Cboe Global Markets secures Sharpe Ratio (or Efficiency) of 0.0115, which signifies that the company had a 0.0115% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cboe Global Markets, which you can use to evaluate the volatility of the firm. Please confirm Cboe Global's Downside Deviation of 1.64, risk adjusted performance of 0.0125, and Mean Deviation of 1.16 to double-check if the risk estimate we provide is consistent with the expected return of 0.0184%. The firm shows a Beta (market volatility) of -0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cboe Global are expected to decrease at a much lower rate. During the bear market, Cboe Global is likely to outperform the market. Cboe Global Markets right now shows a risk of 1.6%. Please confirm Cboe Global Markets information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Cboe Global Markets will be following its price patterns.
Auto-correlation | 0.85 |
Very good predictability
Cboe Global Markets has very good predictability. Overlapping area represents the amount of predictability between Cboe Global time series from 25th of December 2022 to 20th of December 2023 and 20th of December 2023 to 14th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cboe Global Markets price movement. The serial correlation of 0.85 indicates that around 85.0% of current Cboe Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 180.33 |
Cboe Global Markets lagged returns against current returns
Autocorrelation, which is Cboe Global 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 Cboe Global's stock expected returns. We can calculate the autocorrelation of Cboe Global returns to help us make a trade decision. For example, suppose you find that Cboe Global 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 |
Cboe Global 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 Cboe Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cboe Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cboe Global stock over time.
Current vs Lagged Prices |
| Timeline |
Cboe Global Lagged Returns
When evaluating Cboe Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cboe Global stock have on its future price. Cboe Global 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, Cboe Global autocorrelation shows the relationship between Cboe Global stock current value and its past values and can show if there is a momentum factor associated with investing in Cboe Global Markets.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Cboe Stock
When determining whether Cboe Global Markets is a strong investment it is important to analyze Cboe Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cboe Global's future performance. For an informed investment choice regarding Cboe Stock, refer to the following important reports:Check out Cboe Global Correlation, Cboe Global Volatility and Cboe Global Alpha and Beta module to complement your research on Cboe Global. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Cboe Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.