Continental (Germany) Market Value
| CAL Stock | EUR 110.00 2.00 1.85% |
| Symbol | Continental |
Continental '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 Continental'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 Continental.
| 06/26/2024 |
| 12/23/2024 |
If you would invest 0.00 in Continental on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding Camden Property Trust or generate 0.0% return on investment in Continental over 180 days. Continental is related to or competes with DATAGROUP, Sabra Health, Cardinal Health, Automatic Data, DiamondRock Hospitality, PUBLIC STORAGE, and Data#3. Camden Property Trust, an SP 400 Company, is a real estate company primarily engaged in the ownership, management, devel... More
Continental 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 Continental'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 Camden Property Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.48 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 1.88 |
Continental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Continental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Continental's standard deviation. In reality, there are many statistical measures that can use Continental historical prices to predict the future Continental's volatility.| Risk Adjusted Performance | 0.0175 | |||
| Jensen Alpha | 0.0061 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0483 |
Camden Property Trust Backtested Returns
Camden Property Trust secures Sharpe Ratio (or Efficiency) of -0.0052, which signifies that the company had a -0.0052% return per unit of risk over the last 3 months. Camden Property Trust exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Continental's Mean Deviation of 0.8896, downside deviation of 1.34, and Risk Adjusted Performance of 0.0175 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Continental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Continental is expected to be smaller as well. At this point, Camden Property Trust has a negative expected return of -0.0061%. Please make sure to confirm Continental's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Camden Property Trust performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
Camden Property Trust has good predictability. Overlapping area represents the amount of predictability between Continental time series from 26th of June 2024 to 24th of September 2024 and 24th of September 2024 to 23rd 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 Camden Property Trust price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Continental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 11.85 |
Camden Property Trust lagged returns against current returns
Autocorrelation, which is Continental 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 Continental's stock expected returns. We can calculate the autocorrelation of Continental returns to help us make a trade decision. For example, suppose you find that Continental 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 |
Continental 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 Continental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Continental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Continental stock over time.
Current vs Lagged Prices |
| Timeline |
Continental Lagged Returns
When evaluating Continental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Continental stock have on its future price. Continental 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, Continental autocorrelation shows the relationship between Continental stock current value and its past values and can show if there is a momentum factor associated with investing in Camden Property Trust.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Continental Stock
When determining whether Camden Property Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Continental Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Camden Property Trust Stock. Highlighted below are key reports to facilitate an investment decision about Camden Property Trust Stock:Check out Continental Correlation, Continental Volatility and Continental Alpha and Beta module to complement your research on Continental. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Continental 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.