Cincinnati Financial (Germany) Market Value
| CCJ Stock | 137.40 0.00 0.00% |
| Symbol | Cincinnati |
Cincinnati Financial '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 Cincinnati Financial'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 Cincinnati Financial.
| 01/13/2023 |
| 01/02/2025 |
If you would invest 0.00 in Cincinnati Financial on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding Cincinnati Financial Corp or generate 0.0% return on investment in Cincinnati Financial over 720 days. Cincinnati Financial is related to or competes with NEWELL RUBBERMAID, COMMERCIAL VEHICLE, Motorcar Parts, Summit Materials, Martin Marietta, and INTER CARS. More
Cincinnati Financial 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 Cincinnati Financial'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 Cincinnati Financial Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.1185 | |||
| Maximum Drawdown | 12.16 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.48 |
Cincinnati Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cincinnati Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cincinnati Financial's standard deviation. In reality, there are many statistical measures that can use Cincinnati Financial historical prices to predict the future Cincinnati Financial's volatility.| Risk Adjusted Performance | 0.1059 | |||
| Jensen Alpha | 0.2003 | |||
| Total Risk Alpha | 0.1987 | |||
| Sortino Ratio | 0.1412 | |||
| Treynor Ratio | 1.36 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cincinnati Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cincinnati Financial Corp Backtested Returns
Currently, Cincinnati Financial Corp is very steady. Cincinnati Financial Corp secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Cincinnati Financial Corp, which you can use to evaluate the volatility of the firm. Please confirm Cincinnati Financial's Risk Adjusted Performance of 0.1059, downside deviation of 1.41, and Mean Deviation of 1.12 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Cincinnati Financial has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cincinnati Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cincinnati Financial is expected to be smaller as well. Cincinnati Financial Corp right now shows a risk of 1.72%. Please confirm Cincinnati Financial Corp total risk alpha, downside variance, day median price, as well as the relationship between the maximum drawdown and skewness , to decide if Cincinnati Financial Corp will be following its price patterns.
Auto-correlation | -0.27 |
Weak reverse predictability
Cincinnati Financial Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Cincinnati Financial time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd 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 Cincinnati Financial Corp price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Cincinnati Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 210.75 |
Cincinnati Financial Corp lagged returns against current returns
Autocorrelation, which is Cincinnati Financial 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 Cincinnati Financial's stock expected returns. We can calculate the autocorrelation of Cincinnati Financial returns to help us make a trade decision. For example, suppose you find that Cincinnati Financial 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 |
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Cincinnati Financial 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 Cincinnati Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cincinnati Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cincinnati Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Cincinnati Financial Lagged Returns
When evaluating Cincinnati Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cincinnati Financial stock have on its future price. Cincinnati Financial 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, Cincinnati Financial autocorrelation shows the relationship between Cincinnati Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Cincinnati Financial Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Cincinnati Stock Analysis
When running Cincinnati Financial's price analysis, check to measure Cincinnati Financial'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 Cincinnati Financial is operating at the current time. Most of Cincinnati Financial's value examination focuses on studying past and present price action to predict the probability of Cincinnati Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cincinnati Financial's price. Additionally, you may evaluate how the addition of Cincinnati Financial to your portfolios can decrease your overall portfolio volatility.