CAREER EDUCATION (Germany) Market Value
| CE1 Stock | EUR 22.20 0.80 3.48% |
| Symbol | CAREER |
CAREER EDUCATION '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 CAREER EDUCATION'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 CAREER EDUCATION.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in CAREER EDUCATION on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding CAREER EDUCATION or generate 0.0% return on investment in CAREER EDUCATION over 90 days. CAREER EDUCATION is related to or competes with Universal Insurance, DISTRICT METALS, Harmony Gold, Zurich Insurance, and MSAD INSURANCE. More
CAREER EDUCATION 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 CAREER EDUCATION'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 CAREER EDUCATION upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.14 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 2.25 |
CAREER EDUCATION Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CAREER EDUCATION's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CAREER EDUCATION's standard deviation. In reality, there are many statistical measures that can use CAREER EDUCATION historical prices to predict the future CAREER EDUCATION's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | 0.0012 | |||
| Treynor Ratio | (0.81) |
CAREER EDUCATION Backtested Returns
CAREER EDUCATION secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. CAREER EDUCATION exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CAREER EDUCATION's Variance of 2.98, mean deviation of 1.32, and Coefficient Of Variation of (841.98) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CAREER EDUCATION's returns are expected to increase less than the market. However, during the bear market, the loss of holding CAREER EDUCATION is expected to be smaller as well. At this point, CAREER EDUCATION has a negative expected return of -0.23%. Please make sure to confirm CAREER EDUCATION's treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if CAREER EDUCATION performance from the past will be repeated in the future.
Auto-correlation | -0.83 |
Excellent reverse predictability
CAREER EDUCATION has excellent reverse predictability. Overlapping area represents the amount of predictability between CAREER EDUCATION time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 CAREER EDUCATION price movement. The serial correlation of -0.83 indicates that around 83.0% of current CAREER EDUCATION price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 2.11 |
CAREER EDUCATION lagged returns against current returns
Autocorrelation, which is CAREER EDUCATION 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 CAREER EDUCATION's stock expected returns. We can calculate the autocorrelation of CAREER EDUCATION returns to help us make a trade decision. For example, suppose you find that CAREER EDUCATION 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 |
CAREER EDUCATION 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 CAREER EDUCATION stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CAREER EDUCATION stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CAREER EDUCATION stock over time.
Current vs Lagged Prices |
| Timeline |
CAREER EDUCATION Lagged Returns
When evaluating CAREER EDUCATION's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CAREER EDUCATION stock have on its future price. CAREER EDUCATION 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, CAREER EDUCATION autocorrelation shows the relationship between CAREER EDUCATION stock current value and its past values and can show if there is a momentum factor associated with investing in CAREER EDUCATION.
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.Other Information on Investing in CAREER Stock
CAREER EDUCATION financial ratios help investors to determine whether CAREER 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 CAREER with respect to the benefits of owning CAREER EDUCATION security.