Cicor Technologies (Switzerland) Market Value
| CICN Stock | CHF 56.20 0.60 1.08% |
| Symbol | Cicor |
Cicor Technologies '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 Cicor Technologies' 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 Cicor Technologies.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Cicor Technologies on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Cicor Technologies or generate 0.0% return on investment in Cicor Technologies over 180 days. Cicor Technologies is related to or competes with Luzerner Kantonalbank, Berner Kantonalbank, Basler Kantonalbank, and St Galler. Cicor Technologies Ltd. engages in the development and manufacture of electronic components and systems worldwide More
Cicor Technologies 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 Cicor Technologies' 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 Cicor Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | 0.0339 | |||
| Maximum Drawdown | 7.84 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 3.33 |
Cicor Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cicor Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cicor Technologies' standard deviation. In reality, there are many statistical measures that can use Cicor Technologies historical prices to predict the future Cicor Technologies' volatility.| Risk Adjusted Performance | 0.0489 | |||
| Jensen Alpha | 0.0672 | |||
| Total Risk Alpha | 0.0312 | |||
| Sortino Ratio | 0.0397 | |||
| Treynor Ratio | 0.3018 |
Cicor Technologies Backtested Returns
At this stage we consider Cicor Stock to be very steady. Cicor Technologies secures Sharpe Ratio (or Efficiency) of 0.0772, which signifies that the company had a 0.0772% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Cicor Technologies, which you can use to evaluate the volatility of the firm. Please confirm Cicor Technologies' risk adjusted performance of 0.0489, and Mean Deviation of 1.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Cicor Technologies has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cicor Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cicor Technologies is expected to be smaller as well. Cicor Technologies right now shows a risk of 1.51%. Please confirm Cicor Technologies mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Cicor Technologies will be following its price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
Cicor Technologies has poor reverse predictability. Overlapping area represents the amount of predictability between Cicor Technologies time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Cicor Technologies price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Cicor Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 8.09 |
Cicor Technologies lagged returns against current returns
Autocorrelation, which is Cicor Technologies 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 Cicor Technologies' stock expected returns. We can calculate the autocorrelation of Cicor Technologies returns to help us make a trade decision. For example, suppose you find that Cicor Technologies 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 |
Cicor Technologies 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 Cicor Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cicor Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cicor Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Cicor Technologies Lagged Returns
When evaluating Cicor Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cicor Technologies stock have on its future price. Cicor Technologies 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, Cicor Technologies autocorrelation shows the relationship between Cicor Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Cicor Technologies.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Cicor Stock Analysis
When running Cicor Technologies' price analysis, check to measure Cicor Technologies' 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 Cicor Technologies is operating at the current time. Most of Cicor Technologies' value examination focuses on studying past and present price action to predict the probability of Cicor Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cicor Technologies' price. Additionally, you may evaluate how the addition of Cicor Technologies to your portfolios can decrease your overall portfolio volatility.