Centrotec (Germany) Market Value
| CEV Stock | EUR 67.00 1.50 2.19% |
| Symbol | Centrotec |
Centrotec '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 Centrotec'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 Centrotec.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Centrotec on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Centrotec SE or generate 0.0% return on investment in Centrotec over 90 days. Centrotec is related to or competes with Stewart Information, TELES Informationstech, Alibaba Health, DATA MODUL, Data Modul, Alstria Office, and Cass Information. More
Centrotec 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 Centrotec'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 Centrotec SE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.3921 | |||
| Maximum Drawdown | 7.99 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 2.48 |
Centrotec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centrotec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centrotec's standard deviation. In reality, there are many statistical measures that can use Centrotec historical prices to predict the future Centrotec's volatility.| Risk Adjusted Performance | 0.2488 | |||
| Jensen Alpha | 0.3693 | |||
| Total Risk Alpha | 0.5878 | |||
| Sortino Ratio | 0.4548 | |||
| Treynor Ratio | 53.38 |
Centrotec SE Backtested Returns
Centrotec appears to be very steady, given 3 months investment horizon. Centrotec SE secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Centrotec SE, which you can use to evaluate the volatility of the firm. Please makes use of Centrotec's Mean Deviation of 0.82, coefficient of variation of 344.19, and Risk Adjusted Performance of 0.2488 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Centrotec holds a performance score of 23. The firm shows a Beta (market volatility) of 0.0069, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Centrotec's returns are expected to increase less than the market. However, during the bear market, the loss of holding Centrotec is expected to be smaller as well. Please check Centrotec's value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to make a quick decision on whether Centrotec's price patterns will revert.
Auto-correlation | 0.70 |
Good predictability
Centrotec SE has good predictability. Overlapping area represents the amount of predictability between Centrotec time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Centrotec SE price movement. The serial correlation of 0.7 indicates that around 70.0% of current Centrotec price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 11.26 |
Centrotec SE lagged returns against current returns
Autocorrelation, which is Centrotec 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 Centrotec's stock expected returns. We can calculate the autocorrelation of Centrotec returns to help us make a trade decision. For example, suppose you find that Centrotec 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 |
Centrotec 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 Centrotec stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centrotec stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centrotec stock over time.
Current vs Lagged Prices |
| Timeline |
Centrotec Lagged Returns
When evaluating Centrotec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centrotec stock have on its future price. Centrotec 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, Centrotec autocorrelation shows the relationship between Centrotec stock current value and its past values and can show if there is a momentum factor associated with investing in Centrotec SE.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Centrotec Stock
Centrotec financial ratios help investors to determine whether Centrotec 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 Centrotec with respect to the benefits of owning Centrotec security.