Casio Computer (Germany) Market Value
| CAC1 Stock | EUR 7.11 0.04 0.57% |
| Symbol | Casio |
Casio Computer '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 Casio Computer'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 Casio Computer.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Casio Computer on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Casio Computer CoLtd or generate 0.0% return on investment in Casio Computer over 30 days. Casio Computer is related to or competes with Apple, Apple, Samsung Electronics, Samsung Electronics, and Sony Group. Casio Computer Co., Ltd. develops, produces, and sells consumer, system equipment, and other products in Asia, Europe, J... More
Casio Computer 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 Casio Computer'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 Casio Computer CoLtd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 4.5 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.96 |
Casio Computer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Casio Computer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Casio Computer's standard deviation. In reality, there are many statistical measures that can use Casio Computer historical prices to predict the future Casio Computer's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.39) |
Casio Computer CoLtd Backtested Returns
At this point, Casio Computer is not too volatile. Casio Computer CoLtd secures Sharpe Ratio (or Efficiency) of 0.0161, which signifies that the company had a 0.0161% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Casio Computer CoLtd, which you can use to evaluate the volatility of the firm. Please confirm Casio Computer's Mean Deviation of 0.8773, risk adjusted performance of (0.01), and Standard Deviation of 1.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.0211%. Casio Computer has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0677, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Casio Computer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Casio Computer is expected to be smaller as well. Casio Computer CoLtd right now shows a risk of 1.31%. Please confirm Casio Computer CoLtd total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if Casio Computer CoLtd will be following its price patterns.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Casio Computer CoLtd has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Casio Computer time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Casio Computer CoLtd price movement. The serial correlation of -0.74 indicates that around 74.0% of current Casio Computer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Casio Computer CoLtd lagged returns against current returns
Autocorrelation, which is Casio Computer 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 Casio Computer's stock expected returns. We can calculate the autocorrelation of Casio Computer returns to help us make a trade decision. For example, suppose you find that Casio Computer 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 |
Casio Computer 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 Casio Computer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Casio Computer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Casio Computer stock over time.
Current vs Lagged Prices |
| Timeline |
Casio Computer Lagged Returns
When evaluating Casio Computer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Casio Computer stock have on its future price. Casio Computer 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, Casio Computer autocorrelation shows the relationship between Casio Computer stock current value and its past values and can show if there is a momentum factor associated with investing in Casio Computer CoLtd.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Casio Stock
Casio Computer financial ratios help investors to determine whether Casio 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 Casio with respect to the benefits of owning Casio Computer security.