CEZ A (Germany) Market Value
| CEZ Stock | EUR 37.52 0.10 0.27% |
| Symbol | CEZ |
CEZ A '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 CEZ A'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 CEZ A.
| 06/16/2024 |
| 12/13/2024 |
If you would invest 0.00 in CEZ A on June 16, 2024 and sell it all today you would earn a total of 0.00 from holding CEZ a s or generate 0.0% return on investment in CEZ A over 180 days. CEZ A is related to or competes with NextEra Energy, PGE, Consolidated Edison, Eversource Energy, and Edison International. CEZ, a. s., an electricity generation company, engages in the production, distribution, trade, and sale of electricity a... More
CEZ A 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 CEZ A'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 CEZ a s upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9382 | |||
| Information Ratio | 0.0767 | |||
| Maximum Drawdown | 5.0 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.83 |
CEZ A Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CEZ A's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CEZ A's standard deviation. In reality, there are many statistical measures that can use CEZ A historical prices to predict the future CEZ A's volatility.| Risk Adjusted Performance | 0.1314 | |||
| Jensen Alpha | 0.1728 | |||
| Total Risk Alpha | 0.0429 | |||
| Sortino Ratio | 0.0813 | |||
| Treynor Ratio | (2.31) |
CEZ a s Backtested Returns
At this point, CEZ A is very steady. CEZ a s secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for CEZ a s, which you can use to evaluate the volatility of the firm. Please confirm CEZ A's risk adjusted performance of 0.1314, and Mean Deviation of 0.7437 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. CEZ A has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.072, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CEZ A are expected to decrease at a much lower rate. During the bear market, CEZ A is likely to outperform the market. CEZ a s currently shows a risk of 0.99%. Please confirm CEZ a s maximum drawdown, semi variance, daily balance of power, as well as the relationship between the potential upside and skewness , to decide if CEZ a s will be following its price patterns.
Auto-correlation | -0.58 |
Good reverse predictability
CEZ a s has good reverse predictability. Overlapping area represents the amount of predictability between CEZ A time series from 16th of June 2024 to 14th of September 2024 and 14th of September 2024 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 CEZ a s price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current CEZ A price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 2.15 |
CEZ a s lagged returns against current returns
Autocorrelation, which is CEZ A 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 CEZ A's stock expected returns. We can calculate the autocorrelation of CEZ A returns to help us make a trade decision. For example, suppose you find that CEZ A 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 |
CEZ A 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 CEZ A stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CEZ A stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CEZ A stock over time.
Current vs Lagged Prices |
| Timeline |
CEZ A Lagged Returns
When evaluating CEZ A's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CEZ A stock have on its future price. CEZ A 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, CEZ A autocorrelation shows the relationship between CEZ A stock current value and its past values and can show if there is a momentum factor associated with investing in CEZ a s.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CEZ Stock
CEZ A financial ratios help investors to determine whether CEZ 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 CEZ with respect to the benefits of owning CEZ A security.