CEO Group (Vietnam) Market Value
| CEO Stock | 14,500 100.00 0.69% |
| Symbol | CEO |
CEO Group '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 CEO Group'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 CEO Group.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in CEO Group on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding CEO Group JSC or generate 0.0% return on investment in CEO Group over 30 days. CEO Group is related to or competes with FIT INVEST, Damsan JSC, An Phat, Alphanam, APG Securities, Binhthuan Agriculture, and Mekong Fisheries. More
CEO Group 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 CEO Group'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 CEO Group JSC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 9.0 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 3.33 |
CEO Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CEO Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CEO Group's standard deviation. In reality, there are many statistical measures that can use CEO Group historical prices to predict the future CEO Group's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.35) |
CEO Group JSC Backtested Returns
CEO Group JSC secures Sharpe Ratio (or Efficiency) of -0.0407, which signifies that the company had a -0.0407% return per unit of risk over the last 3 months. CEO Group JSC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CEO Group's mean deviation of 1.26, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CEO Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding CEO Group is expected to be smaller as well. At this point, CEO Group JSC has a negative expected return of -0.0696%. Please make sure to confirm CEO Group's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if CEO Group JSC performance from the past will be repeated in the future.
Auto-correlation | -0.07 |
Very weak reverse predictability
CEO Group JSC has very weak reverse predictability. Overlapping area represents the amount of predictability between CEO Group time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 CEO Group JSC price movement. The serial correlation of -0.07 indicates that barely 7.0% of current CEO Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 38.2 K |
CEO Group JSC lagged returns against current returns
Autocorrelation, which is CEO Group 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 CEO Group's stock expected returns. We can calculate the autocorrelation of CEO Group returns to help us make a trade decision. For example, suppose you find that CEO Group 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 |
CEO Group 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 CEO Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CEO Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CEO Group stock over time.
Current vs Lagged Prices |
| Timeline |
CEO Group Lagged Returns
When evaluating CEO Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CEO Group stock have on its future price. CEO Group 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, CEO Group autocorrelation shows the relationship between CEO Group stock current value and its past values and can show if there is a momentum factor associated with investing in CEO Group JSC.
Regressed Prices |
| Timeline |
Pair Trading with CEO Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CEO Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CEO Group will appreciate offsetting losses from the drop in the long position's value.Moving together with CEO Stock
| 0.71 | FIT | FIT INVEST JSC | PairCorr |
| 0.73 | ADS | Damsan JSC | PairCorr |
| 0.74 | AAA | An Phat Plastic | PairCorr |
| 0.75 | AME | Alphanam ME | PairCorr |
The ability to find closely correlated positions to CEO Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CEO Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CEO Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CEO Group JSC to buy it.
The correlation of CEO Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CEO Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CEO Group JSC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CEO Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in CEO Stock
CEO Group financial ratios help investors to determine whether CEO 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 CEO with respect to the benefits of owning CEO Group security.