CIG Pannonia (Hungary) Market Value
| CIG Stock | 396.00 2.00 0.51% |
| Symbol | CIG |
CIG Pannonia '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 CIG Pannonia'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 CIG Pannonia.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in CIG Pannonia on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding CIG Pannonia Life or generate 0.0% return on investment in CIG Pannonia over 90 days. CIG Pannonia is related to or competes with Delta Technologies, and OTP Bank. More
CIG Pannonia 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 CIG Pannonia'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 CIG Pannonia Life upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.9 | |||
| Information Ratio | 0.1617 | |||
| Maximum Drawdown | 11.12 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 2.54 |
CIG Pannonia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CIG Pannonia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CIG Pannonia's standard deviation. In reality, there are many statistical measures that can use CIG Pannonia historical prices to predict the future CIG Pannonia's volatility.| Risk Adjusted Performance | 0.0678 | |||
| Jensen Alpha | 0.077 | |||
| Total Risk Alpha | 0.3618 | |||
| Sortino Ratio | 0.1301 | |||
| Treynor Ratio | (0.54) |
CIG Pannonia Life Backtested Returns
At this point, CIG Pannonia is very steady. CIG Pannonia Life secures Sharpe Ratio (or Efficiency) of 0.0922, which signifies that the company had a 0.0922 % return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for CIG Pannonia Life, which you can use to evaluate the volatility of the firm. Please confirm CIG Pannonia's Mean Deviation of 1.0, risk adjusted performance of 0.0678, and Semi Deviation of 1.52 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. CIG Pannonia has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CIG Pannonia are expected to decrease at a much lower rate. During the bear market, CIG Pannonia is likely to outperform the market. CIG Pannonia Life at this time shows a risk of 1.59%. Please confirm CIG Pannonia Life coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if CIG Pannonia Life will be following its price patterns.
Auto-correlation | -0.34 |
Poor reverse predictability
CIG Pannonia Life has poor reverse predictability. Overlapping area represents the amount of predictability between CIG Pannonia 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 CIG Pannonia Life price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current CIG Pannonia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 235.41 |
CIG Pannonia Life lagged returns against current returns
Autocorrelation, which is CIG Pannonia 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 CIG Pannonia's stock expected returns. We can calculate the autocorrelation of CIG Pannonia returns to help us make a trade decision. For example, suppose you find that CIG Pannonia 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 |
CIG Pannonia 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 CIG Pannonia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CIG Pannonia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CIG Pannonia stock over time.
Current vs Lagged Prices |
| Timeline |
CIG Pannonia Lagged Returns
When evaluating CIG Pannonia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CIG Pannonia stock have on its future price. CIG Pannonia 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, CIG Pannonia autocorrelation shows the relationship between CIG Pannonia stock current value and its past values and can show if there is a momentum factor associated with investing in CIG Pannonia Life.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in CIG Stock
CIG Pannonia financial ratios help investors to determine whether CIG 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 CIG with respect to the benefits of owning CIG Pannonia security.