Commcenter (Spain) Market Value
| CMM Stock | EUR 2.02 0.00 0.00% |
| Symbol | Commcenter |
Commcenter '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 Commcenter'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 Commcenter.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in Commcenter on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Commcenter SA or generate 0.0% return on investment in Commcenter over 90 days. Commcenter is related to or competes with Naturhouse Health, International Consolidated, Borges Agricultural, Ebro Foods, and Hispanotels Inversiones. Commcenter, S.A. provides voice and data solutions for companies, professionals, and individuals in Spain More
Commcenter 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 Commcenter'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 Commcenter SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1372 | |||
| Maximum Drawdown | 3.81 |
Commcenter Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commcenter's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Commcenter's standard deviation. In reality, there are many statistical measures that can use Commcenter historical prices to predict the future Commcenter's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.0066 | |||
| Treynor Ratio | (7.87) |
Commcenter SA Backtested Returns
We have found sixteen technical indicators for Commcenter SA, which you can use to evaluate the volatility of the firm. Please confirm Commcenter's Risk Adjusted Performance of (0.11), mean deviation of 0.1137, and Standard Deviation of 0.4689 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. The firm shows a Beta (market volatility) of 0.0086, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Commcenter's returns are expected to increase less than the market. However, during the bear market, the loss of holding Commcenter is expected to be smaller as well. Commcenter SA right now shows a risk of 0.0%. Please confirm Commcenter SA maximum drawdown, and the relationship between the information ratio and kurtosis , to decide if Commcenter SA will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Commcenter SA has no correlation between past and present. Overlapping area represents the amount of predictability between Commcenter time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 Commcenter SA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Commcenter price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Commcenter SA lagged returns against current returns
Autocorrelation, which is Commcenter 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 Commcenter's stock expected returns. We can calculate the autocorrelation of Commcenter returns to help us make a trade decision. For example, suppose you find that Commcenter 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 |
Commcenter 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 Commcenter stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Commcenter stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Commcenter stock over time.
Current vs Lagged Prices |
| Timeline |
Commcenter Lagged Returns
When evaluating Commcenter's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Commcenter stock have on its future price. Commcenter 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, Commcenter autocorrelation shows the relationship between Commcenter stock current value and its past values and can show if there is a momentum factor associated with investing in Commcenter SA.
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.Other Information on Investing in Commcenter Stock
Commcenter financial ratios help investors to determine whether Commcenter 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 Commcenter with respect to the benefits of owning Commcenter security.