COMINTL BANK (Germany) Market Value
| CIN0 Stock | 1.20 0.01 0.84% |
| Symbol | COMINTL |
COMINTL BANK '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 COMINTL BANK'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 COMINTL BANK.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in COMINTL BANK on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding COMINTL BANK ADR1 or generate 0.0% return on investment in COMINTL BANK over 90 days. COMINTL BANK is related to or competes with Cleanaway Waste, BW OFFSHORE, Solstad Offshore, American Airlines, SBM OFFSHORE, and Ultra Clean. More
COMINTL BANK 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 COMINTL BANK'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 COMINTL BANK ADR1 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0089 | |||
| Maximum Drawdown | 10.21 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.44 |
COMINTL BANK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COMINTL BANK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COMINTL BANK's standard deviation. In reality, there are many statistical measures that can use COMINTL BANK historical prices to predict the future COMINTL BANK's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.1127 | |||
| Treynor Ratio | (0.82) |
COMINTL BANK ADR1 Backtested Returns
COMINTL BANK ADR1 secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1 % return per unit of risk over the last 3 months. COMINTL BANK ADR1 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COMINTL BANK's mean deviation of 1.17, and Risk Adjusted Performance of (0.04) 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, COMINTL BANK's returns are expected to increase less than the market. However, during the bear market, the loss of holding COMINTL BANK is expected to be smaller as well. At this point, COMINTL BANK ADR1 has a negative expected return of -0.16%. Please make sure to confirm COMINTL BANK's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if COMINTL BANK ADR1 performance from the past will be repeated in the future.
Auto-correlation | 0.20 |
Weak predictability
COMINTL BANK ADR1 has weak predictability. Overlapping area represents the amount of predictability between COMINTL BANK time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 COMINTL BANK ADR1 price movement. The serial correlation of 0.2 indicates that over 20.0% of current COMINTL BANK price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
COMINTL BANK ADR1 lagged returns against current returns
Autocorrelation, which is COMINTL BANK 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 COMINTL BANK's stock expected returns. We can calculate the autocorrelation of COMINTL BANK returns to help us make a trade decision. For example, suppose you find that COMINTL BANK 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 |
COMINTL BANK 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 COMINTL BANK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COMINTL BANK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COMINTL BANK stock over time.
Current vs Lagged Prices |
| Timeline |
COMINTL BANK Lagged Returns
When evaluating COMINTL BANK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COMINTL BANK stock have on its future price. COMINTL BANK 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, COMINTL BANK autocorrelation shows the relationship between COMINTL BANK stock current value and its past values and can show if there is a momentum factor associated with investing in COMINTL BANK ADR1.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in COMINTL Stock
COMINTL BANK financial ratios help investors to determine whether COMINTL 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 COMINTL with respect to the benefits of owning COMINTL BANK security.