CHAODA MODERN (Germany) Market Value
| CHA Stock | EUR 0.02 0.00 0.00% |
| Symbol | CHAODA |
CHAODA MODERN '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 CHAODA MODERN'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 CHAODA MODERN.
| 10/23/2024 |
| 12/22/2024 |
If you would invest 0.00 in CHAODA MODERN on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding CHAODA MODERN AGRI or generate 0.0% return on investment in CHAODA MODERN over 60 days. CHAODA MODERN is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
CHAODA MODERN 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 CHAODA MODERN'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 CHAODA MODERN AGRI upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 39.44 | |||
| Information Ratio | 0.0679 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 66.67 |
CHAODA MODERN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHAODA MODERN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHAODA MODERN's standard deviation. In reality, there are many statistical measures that can use CHAODA MODERN historical prices to predict the future CHAODA MODERN's volatility.| Risk Adjusted Performance | 0.0645 | |||
| Jensen Alpha | 1.85 | |||
| Total Risk Alpha | 1.09 | |||
| Sortino Ratio | 0.0459 | |||
| Treynor Ratio | (2.10) |
CHAODA MODERN AGRI Backtested Returns
CHAODA MODERN is out of control given 3 months investment horizon. CHAODA MODERN AGRI retains Efficiency (Sharpe Ratio) of 0.0661, which signifies that the company had a 0.0661% return per unit of risk over the last 3 months. We were able to analyze twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.74% are justified by taking the suggested risk. Use CHAODA MODERN AGRI coefficient of variation of 1446.5, and Market Risk Adjusted Performance of (2.09) to evaluate company specific risk that cannot be diversified away. CHAODA MODERN holds a performance score of 5 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -0.87, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning CHAODA MODERN are expected to decrease slowly. On the other hand, during market turmoil, CHAODA MODERN is expected to outperform it slightly. Use CHAODA MODERN AGRI information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to analyze future returns on CHAODA MODERN AGRI.
Auto-correlation | -0.07 |
Very weak reverse predictability
CHAODA MODERN AGRI has very weak reverse predictability. Overlapping area represents the amount of predictability between CHAODA MODERN time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd 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 CHAODA MODERN AGRI price movement. The serial correlation of -0.07 indicates that barely 7.0% of current CHAODA MODERN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CHAODA MODERN AGRI lagged returns against current returns
Autocorrelation, which is CHAODA MODERN 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 CHAODA MODERN's stock expected returns. We can calculate the autocorrelation of CHAODA MODERN returns to help us make a trade decision. For example, suppose you find that CHAODA MODERN 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 |
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CHAODA MODERN 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 CHAODA MODERN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHAODA MODERN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHAODA MODERN stock over time.
Current vs Lagged Prices |
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CHAODA MODERN Lagged Returns
When evaluating CHAODA MODERN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHAODA MODERN stock have on its future price. CHAODA MODERN 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, CHAODA MODERN autocorrelation shows the relationship between CHAODA MODERN stock current value and its past values and can show if there is a momentum factor associated with investing in CHAODA MODERN AGRI.
Regressed Prices |
| Timeline |
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Additional Tools for CHAODA Stock Analysis
When running CHAODA MODERN's price analysis, check to measure CHAODA MODERN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CHAODA MODERN is operating at the current time. Most of CHAODA MODERN's value examination focuses on studying past and present price action to predict the probability of CHAODA MODERN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHAODA MODERN's price. Additionally, you may evaluate how the addition of CHAODA MODERN to your portfolios can decrease your overall portfolio volatility.