Cal-Maine Foods (Germany) Market Value
| CM2 Stock | 75.72 3.00 3.81% |
| Symbol | Cal-Maine |
Cal-Maine Foods '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 Cal-Maine Foods' 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 Cal-Maine Foods.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Cal-Maine Foods on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Cal Maine Foods or generate 0.0% return on investment in Cal-Maine Foods over 90 days. Cal-Maine Foods is related to or competes with Monster Beverage, Kaufman Broad, COPLAND ROAD, Canadian Utilities, and High Liner. More
Cal-Maine Foods 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 Cal-Maine Foods' 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 Cal Maine Foods upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 16.09 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 5.98 |
Cal-Maine Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cal-Maine Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cal-Maine Foods' standard deviation. In reality, there are many statistical measures that can use Cal-Maine Foods historical prices to predict the future Cal-Maine Foods' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | 0.0626 | |||
| Treynor Ratio | (0.75) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cal-Maine Foods' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cal Maine Foods Backtested Returns
Cal Maine Foods 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. Cal Maine Foods exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cal-Maine Foods' Standard Deviation of 3.36, risk adjusted performance of (0.08), and Mean Deviation of 2.53 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cal-Maine Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cal-Maine Foods is expected to be smaller as well. At this point, Cal Maine Foods has a negative expected return of -0.35%. Please make sure to confirm Cal-Maine Foods' potential upside, daily balance of power, and the relationship between the maximum drawdown and kurtosis , to decide if Cal Maine Foods performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Cal Maine Foods has good reverse predictability. Overlapping area represents the amount of predictability between Cal-Maine Foods time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Cal Maine Foods price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Cal-Maine Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 113.54 |
Cal Maine Foods lagged returns against current returns
Autocorrelation, which is Cal-Maine Foods 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 Cal-Maine Foods' stock expected returns. We can calculate the autocorrelation of Cal-Maine Foods returns to help us make a trade decision. For example, suppose you find that Cal-Maine Foods 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 |
Cal-Maine Foods 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 Cal-Maine Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cal-Maine Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cal-Maine Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Cal-Maine Foods Lagged Returns
When evaluating Cal-Maine Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cal-Maine Foods stock have on its future price. Cal-Maine Foods 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, Cal-Maine Foods autocorrelation shows the relationship between Cal-Maine Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Cal Maine Foods.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Cal-Maine Stock Analysis
When running Cal-Maine Foods' price analysis, check to measure Cal-Maine Foods' 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 Cal-Maine Foods is operating at the current time. Most of Cal-Maine Foods' value examination focuses on studying past and present price action to predict the probability of Cal-Maine Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cal-Maine Foods' price. Additionally, you may evaluate how the addition of Cal-Maine Foods to your portfolios can decrease your overall portfolio volatility.