Clave Indices' market value is the price at which a share of Clave Indices trades on a public exchange. It measures the collective expectations of Clave Indices De investors about its performance. Clave Indices is trading at 88.17 as of the 3rd of December 2024, a 0.07% down since the beginning of the trading day. The stock's open price was 88.23. With this module, you can estimate the performance of a buy and hold strategy of Clave Indices De and determine expected loss or profit from investing in Clave Indices over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Clave
Clave Indices '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 Clave Indices' 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 Clave Indices.
0.00
12/14/2022
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/03/2024
0.00
If you would invest 0.00 in Clave Indices on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Clave Indices De or generate 0.0% return on investment in Clave Indices over 720 days.
Clave Indices 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 Clave Indices' 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 Clave Indices De upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clave Indices' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clave Indices' standard deviation. In reality, there are many statistical measures that can use Clave Indices historical prices to predict the future Clave Indices' volatility.
Clave Indices De secures Sharpe Ratio (or Efficiency) of -0.0997, which signifies that the company had a -0.0997% return per unit of standard deviation over the last 3 months. Clave Indices De exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clave Indices' mean deviation of 0.699, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0321, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Clave Indices' returns are expected to increase less than the market. However, during the bear market, the loss of holding Clave Indices is expected to be smaller as well. At this point, Clave Indices De has a negative expected return of -0.0831%. Please make sure to confirm Clave Indices' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Clave Indices De performance from the past will be repeated at some point in the near future.
Auto-correlation
0.14
Insignificant predictability
Clave Indices De has insignificant predictability. Overlapping area represents the amount of predictability between Clave Indices time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 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 Clave Indices De price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Clave Indices price fluctuation can be explain by its past prices.
Correlation Coefficient
0.14
Spearman Rank Test
0.2
Residual Average
0.0
Price Variance
1.86
Clave Indices De lagged returns against current returns
Autocorrelation, which is Clave Indices 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 Clave Indices' stock expected returns. We can calculate the autocorrelation of Clave Indices returns to help us make a trade decision. For example, suppose you find that Clave Indices 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
Clave Indices 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 Clave Indices stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clave Indices stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clave Indices stock over time.
Current vs Lagged Prices
Timeline
Clave Indices Lagged Returns
When evaluating Clave Indices' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clave Indices stock have on its future price. Clave Indices 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, Clave Indices autocorrelation shows the relationship between Clave Indices stock current value and its past values and can show if there is a momentum factor associated with investing in Clave Indices De.
Regressed Prices
Timeline
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