Casa Grande (Peru) Market Value
| CASAGRC1 | 12.01 0.29 2.36% |
| Symbol | Casa |
Please note, there is a significant difference between Casa Grande's value and its price as these two are different measures arrived at by different means. Investors typically determine if Casa Grande is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Casa Grande's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Casa Grande '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 Casa Grande'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 Casa Grande.
| 02/04/2023 |
| 01/24/2025 |
If you would invest 0.00 in Casa Grande on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Casa Grande SAA or generate 0.0% return on investment in Casa Grande over 720 days. More
Casa Grande 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 Casa Grande'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 Casa Grande SAA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.0228 | |||
| Maximum Drawdown | 6.19 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.79 |
Casa Grande Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Casa Grande's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Casa Grande's standard deviation. In reality, there are many statistical measures that can use Casa Grande historical prices to predict the future Casa Grande's volatility.| Risk Adjusted Performance | 0.0637 | |||
| Jensen Alpha | 0.073 | |||
| Total Risk Alpha | 0.0111 | |||
| Sortino Ratio | 0.0156 | |||
| Treynor Ratio | (1.37) |
Casa Grande SAA Backtested Returns
At this point, Casa Grande is very steady. Casa Grande SAA secures Sharpe Ratio (or Efficiency) of 0.0829, which signifies that the company had a 0.0829 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Casa Grande SAA, which you can use to evaluate the volatility of the firm. Please confirm Casa Grande's Mean Deviation of 0.6758, risk adjusted performance of 0.0637, and Downside Deviation of 1.63 to double-check if the risk estimate we provide is consistent with the expected return of 0.0958%. Casa Grande has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0517, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Casa Grande are expected to decrease at a much lower rate. During the bear market, Casa Grande is likely to outperform the market. Casa Grande SAA right now shows a risk of 1.16%. Please confirm Casa Grande SAA expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Casa Grande SAA will be following its price patterns.
Auto-correlation | 0.27 |
Poor predictability
Casa Grande SAA has poor predictability. Overlapping area represents the amount of predictability between Casa Grande time series from 4th of February 2023 to 30th of January 2024 and 30th of January 2024 to 24th 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 Casa Grande SAA price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Casa Grande price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Casa Grande SAA lagged returns against current returns
Autocorrelation, which is Casa Grande 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 Casa Grande's stock expected returns. We can calculate the autocorrelation of Casa Grande returns to help us make a trade decision. For example, suppose you find that Casa Grande 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 |
Casa Grande 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 Casa Grande stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Casa Grande stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Casa Grande stock over time.
Current vs Lagged Prices |
| Timeline |
Casa Grande Lagged Returns
When evaluating Casa Grande's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Casa Grande stock have on its future price. Casa Grande 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, Casa Grande autocorrelation shows the relationship between Casa Grande stock current value and its past values and can show if there is a momentum factor associated with investing in Casa Grande SAA.
Regressed Prices |
| Timeline |
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Casa Grande financial ratios help investors to determine whether Casa 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 Casa with respect to the benefits of owning Casa Grande security.