Celebrus Technologies (UK) Market Value
| CLBS Stock | 301.00 1.50 0.50% |
| Symbol | Celebrus |
Celebrus 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 Celebrus 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 Celebrus Technologies.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Celebrus Technologies on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Celebrus Technologies plc or generate 0.0% return on investment in Celebrus Technologies over 360 days. Celebrus Technologies is related to or competes with Erste Group, Synchrony Financial, Regions Financial, Air Products, Cincinnati Financial, Alior Bank, and Lendinvest PLC. Celebrus Technologies is entity of United Kingdom More
Celebrus 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 Celebrus 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 Celebrus Technologies plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.77 | |||
| Information Ratio | 0.0026 | |||
| Maximum Drawdown | 13.21 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 5.33 |
Celebrus Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Celebrus Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Celebrus Technologies' standard deviation. In reality, there are many statistical measures that can use Celebrus Technologies historical prices to predict the future Celebrus Technologies' volatility.| Risk Adjusted Performance | 0.0493 | |||
| Jensen Alpha | 0.1338 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0022 | |||
| Treynor Ratio | (1.01) |
Celebrus Technologies plc Backtested Returns
Currently, Celebrus Technologies plc is very steady. Celebrus Technologies plc secures Sharpe Ratio (or Efficiency) of 0.0689, which signifies that the company had a 0.0689% return per unit of risk over the last 3 months. We have found thirty technical indicators for Celebrus Technologies plc, which you can use to evaluate the volatility of the firm. Please confirm Celebrus Technologies' Risk Adjusted Performance of 0.0493, downside deviation of 2.77, and Mean Deviation of 1.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Celebrus Technologies has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Celebrus Technologies are expected to decrease at a much lower rate. During the bear market, Celebrus Technologies is likely to outperform the market. Celebrus Technologies plc right now shows a risk of 2.35%. Please confirm Celebrus Technologies plc coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Celebrus Technologies plc will be following its price patterns.
Auto-correlation | 0.68 |
Good predictability
Celebrus Technologies plc has good predictability. Overlapping area represents the amount of predictability between Celebrus Technologies time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Celebrus Technologies plc price movement. The serial correlation of 0.68 indicates that around 68.0% of current Celebrus Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 573.99 |
Celebrus Technologies plc lagged returns against current returns
Autocorrelation, which is Celebrus 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 Celebrus Technologies' stock expected returns. We can calculate the autocorrelation of Celebrus Technologies returns to help us make a trade decision. For example, suppose you find that Celebrus 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 |
Celebrus 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 Celebrus Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Celebrus Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Celebrus Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Celebrus Technologies Lagged Returns
When evaluating Celebrus Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Celebrus Technologies stock have on its future price. Celebrus 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, Celebrus Technologies autocorrelation shows the relationship between Celebrus Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Celebrus Technologies plc.
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 Celebrus Stock Analysis
When running Celebrus Technologies' price analysis, check to measure Celebrus 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 Celebrus Technologies is operating at the current time. Most of Celebrus Technologies' value examination focuses on studying past and present price action to predict the probability of Celebrus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celebrus Technologies' price. Additionally, you may evaluate how the addition of Celebrus Technologies to your portfolios can decrease your overall portfolio volatility.