Chesapeake Utilities (Germany) Market Value
| CH5 Stock | EUR 115.00 2.00 1.71% |
| Symbol | Chesapeake |
Chesapeake Utilities '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 Chesapeake Utilities' 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 Chesapeake Utilities.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Chesapeake Utilities on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Chesapeake Utilities or generate 0.0% return on investment in Chesapeake Utilities over 90 days. Chesapeake Utilities is related to or competes with Schweizer Electronic, COFCO Joycome, ELECTRONIC ARTS, Electronic Arts, Richardson Electronics, AOI Electronics, and Nanjing Panda. Chesapeake Utilities Corporation, a diversified energy company, engages in regulated and unregulated energy businesses More
Chesapeake Utilities 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 Chesapeake Utilities' 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 Chesapeake Utilities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0201 | |||
| Maximum Drawdown | 5.95 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 1.74 |
Chesapeake Utilities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chesapeake Utilities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chesapeake Utilities' standard deviation. In reality, there are many statistical measures that can use Chesapeake Utilities historical prices to predict the future Chesapeake Utilities' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.0774 | |||
| Treynor Ratio | (0.74) |
Chesapeake Utilities Backtested Returns
Chesapeake Utilities secures Sharpe Ratio (or Efficiency) of -0.0256, which signifies that the company had a -0.0256 % return per unit of standard deviation over the last 3 months. Chesapeake Utilities exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chesapeake Utilities' risk adjusted performance of (0.05), and Mean Deviation of 0.9592 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chesapeake Utilities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Chesapeake Utilities is expected to be smaller as well. At this point, Chesapeake Utilities has a negative expected return of -0.0339%. Please make sure to confirm Chesapeake Utilities' mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Chesapeake Utilities performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Chesapeake Utilities has virtually no predictability. Overlapping area represents the amount of predictability between Chesapeake Utilities 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 Chesapeake Utilities price movement. The serial correlation of 0.02 indicates that only 2.0% of current Chesapeake Utilities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 2.79 |
Chesapeake Utilities lagged returns against current returns
Autocorrelation, which is Chesapeake Utilities 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 Chesapeake Utilities' stock expected returns. We can calculate the autocorrelation of Chesapeake Utilities returns to help us make a trade decision. For example, suppose you find that Chesapeake Utilities 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 |
Chesapeake Utilities 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 Chesapeake Utilities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chesapeake Utilities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chesapeake Utilities stock over time.
Current vs Lagged Prices |
| Timeline |
Chesapeake Utilities Lagged Returns
When evaluating Chesapeake Utilities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chesapeake Utilities stock have on its future price. Chesapeake Utilities 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, Chesapeake Utilities autocorrelation shows the relationship between Chesapeake Utilities stock current value and its past values and can show if there is a momentum factor associated with investing in Chesapeake Utilities.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Chesapeake Stock
When determining whether Chesapeake Utilities is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Chesapeake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Chesapeake Utilities Stock. Highlighted below are key reports to facilitate an investment decision about Chesapeake Utilities Stock:Check out Chesapeake Utilities Correlation, Chesapeake Utilities Volatility and Chesapeake Utilities Alpha and Beta module to complement your research on Chesapeake Utilities. For more detail on how to invest in Chesapeake Stock please use our How to Invest in Chesapeake Utilities guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Chesapeake Utilities technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.