CATCo Reinsurance (UK) Market Value
| CATC Stock | 220.00 0.00 0.00% |
| Symbol | CATCo |
CATCo Reinsurance '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 CATCo Reinsurance'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 CATCo Reinsurance.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in CATCo Reinsurance on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding CATCo Reinsurance Opps or generate 0.0% return on investment in CATCo Reinsurance over 720 days. CATCo Reinsurance is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, State Bank, SoftBank Group, and Reliance Industries. CATCo Reinsurance is entity of United Kingdom More
CATCo Reinsurance 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 CATCo Reinsurance'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 CATCo Reinsurance Opps upside and downside potential and time the market with a certain degree of confidence.
CATCo Reinsurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CATCo Reinsurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CATCo Reinsurance's standard deviation. In reality, there are many statistical measures that can use CATCo Reinsurance historical prices to predict the future CATCo Reinsurance's volatility.CATCo Reinsurance Opps Backtested Returns
We have found three technical indicators for CATCo Reinsurance Opps, which you can use to evaluate the volatility of the entity. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and CATCo Reinsurance are completely uncorrelated.
Auto-correlation | 0.55 |
Modest predictability
CATCo Reinsurance Opps has modest predictability. Overlapping area represents the amount of predictability between CATCo Reinsurance time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 CATCo Reinsurance Opps price movement. The serial correlation of 0.55 indicates that about 55.0% of current CATCo Reinsurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 1210.59 |
CATCo Reinsurance Opps lagged returns against current returns
Autocorrelation, which is CATCo Reinsurance 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 CATCo Reinsurance's stock expected returns. We can calculate the autocorrelation of CATCo Reinsurance returns to help us make a trade decision. For example, suppose you find that CATCo Reinsurance 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 |
CATCo Reinsurance 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 CATCo Reinsurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CATCo Reinsurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CATCo Reinsurance stock over time.
Current vs Lagged Prices |
| Timeline |
CATCo Reinsurance Lagged Returns
When evaluating CATCo Reinsurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CATCo Reinsurance stock have on its future price. CATCo Reinsurance 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, CATCo Reinsurance autocorrelation shows the relationship between CATCo Reinsurance stock current value and its past values and can show if there is a momentum factor associated with investing in CATCo Reinsurance Opps.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for CATCo Stock Analysis
When running CATCo Reinsurance's price analysis, check to measure CATCo Reinsurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CATCo Reinsurance is operating at the current time. Most of CATCo Reinsurance's value examination focuses on studying past and present price action to predict the probability of CATCo Reinsurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CATCo Reinsurance's price. Additionally, you may evaluate how the addition of CATCo Reinsurance to your portfolios can decrease your overall portfolio volatility.