CITIC SECURITIES-H- (Germany) Market Value
| CI9 Stock | EUR 2.44 0.00 0.00% |
| Symbol | CITIC |
CITIC SECURITIES-H- '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 CITIC SECURITIES-H-'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 CITIC SECURITIES-H-.
| 02/18/2023 |
| 01/08/2025 |
If you would invest 0.00 in CITIC SECURITIES-H- on February 18, 2023 and sell it all today you would earn a total of 0.00 from holding CITIC SECURITIES H or generate 0.0% return on investment in CITIC SECURITIES-H- over 690 days. CITIC SECURITIES-H- is related to or competes with DICKS Sporting, SPORTING, TELECOM ITALRISP, COMPUTERSHARE, Gaztransport Technigaz, SPORT LISBOA, and SOEDER SPORTFISKE. More
CITIC SECURITIES-H- 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 CITIC SECURITIES-H-'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 CITIC SECURITIES H upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.14 | |||
| Information Ratio | 0.1158 | |||
| Maximum Drawdown | 48.57 | |||
| Value At Risk | (7.36) | |||
| Potential Upside | 17.14 |
CITIC SECURITIES-H- Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CITIC SECURITIES-H-'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CITIC SECURITIES-H-'s standard deviation. In reality, there are many statistical measures that can use CITIC SECURITIES-H- historical prices to predict the future CITIC SECURITIES-H-'s volatility.| Risk Adjusted Performance | 0.1058 | |||
| Jensen Alpha | 0.8215 | |||
| Total Risk Alpha | 0.6738 | |||
| Sortino Ratio | 0.1138 | |||
| Treynor Ratio | 1.69 |
CITIC SECURITIES-H- Backtested Returns
Currently, CITIC SECURITIES H is very risky. CITIC SECURITIES-H- secures Sharpe Ratio (or Efficiency) of 0.0439, which signifies that the company had a 0.0439% return per unit of volatility over the last 3 months. We have found twenty-five technical indicators for CITIC SECURITIES H , which you can use to evaluate the volatility of the firm. Please confirm CITIC SECURITIES-H-'s mean deviation of 3.66, and Risk Adjusted Performance of 0.1058 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. CITIC SECURITIES-H- has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CITIC SECURITIES-H-'s returns are expected to increase less than the market. However, during the bear market, the loss of holding CITIC SECURITIES-H- is expected to be smaller as well. CITIC SECURITIES-H- now shows a risk of 3.9%. Please confirm CITIC SECURITIES-H- sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if CITIC SECURITIES-H- will be following its price patterns.
Auto-correlation | 0.66 |
Good predictability
CITIC SECURITIES H has good predictability. Overlapping area represents the amount of predictability between CITIC SECURITIES-H- time series from 18th of February 2023 to 29th of January 2024 and 29th of January 2024 to 8th of January 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 CITIC SECURITIES-H- price movement. The serial correlation of 0.66 indicates that around 66.0% of current CITIC SECURITIES-H- price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.54 |
CITIC SECURITIES-H- lagged returns against current returns
Autocorrelation, which is CITIC SECURITIES-H- 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 CITIC SECURITIES-H-'s stock expected returns. We can calculate the autocorrelation of CITIC SECURITIES-H- returns to help us make a trade decision. For example, suppose you find that CITIC SECURITIES-H- 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 |
CITIC SECURITIES-H- 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 CITIC SECURITIES-H- stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CITIC SECURITIES-H- stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CITIC SECURITIES-H- stock over time.
Current vs Lagged Prices |
| Timeline |
CITIC SECURITIES-H- Lagged Returns
When evaluating CITIC SECURITIES-H-'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CITIC SECURITIES-H- stock have on its future price. CITIC SECURITIES-H- 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, CITIC SECURITIES-H- autocorrelation shows the relationship between CITIC SECURITIES-H- stock current value and its past values and can show if there is a momentum factor associated with investing in CITIC SECURITIES H .
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for CITIC Stock Analysis
When running CITIC SECURITIES-H-'s price analysis, check to measure CITIC SECURITIES-H-'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 CITIC SECURITIES-H- is operating at the current time. Most of CITIC SECURITIES-H-'s value examination focuses on studying past and present price action to predict the probability of CITIC SECURITIES-H-'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CITIC SECURITIES-H-'s price. Additionally, you may evaluate how the addition of CITIC SECURITIES-H- to your portfolios can decrease your overall portfolio volatility.