Coincheck Group Nv Stock Market Value
| CNCKW Stock | 1.69 0.06 3.43% |
| Symbol | Coincheck |
Is Banking space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coincheck Group. If investors know Coincheck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coincheck Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Coincheck Group NV is measured differently than its book value, which is the value of Coincheck that is recorded on the company's balance sheet. Investors also form their own opinion of Coincheck Group's value that differs from its market value or its book value, called intrinsic value, which is Coincheck Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coincheck Group's market value can be influenced by many factors that don't directly affect Coincheck Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coincheck Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coincheck Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coincheck Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Coincheck Group '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 Coincheck Group'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 Coincheck Group.
| 04/15/2024 |
| 01/10/2025 |
If you would invest 0.00 in Coincheck Group on April 15, 2024 and sell it all today you would earn a total of 0.00 from holding Coincheck Group NV or generate 0.0% return on investment in Coincheck Group over 270 days. Coincheck Group is related to or competes with Synchrony Financial, Synchrony Financial, World Acceptance, FinVolution, Federal Agricultural, Bread Financial, and Finance Of. Coincheck Group is entity of United States More
Coincheck Group 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 Coincheck Group'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 Coincheck Group NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 57.97 | |||
| Value At Risk | (23.14) | |||
| Potential Upside | 22.49 |
Coincheck Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coincheck Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coincheck Group's standard deviation. In reality, there are many statistical measures that can use Coincheck Group historical prices to predict the future Coincheck Group's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (1.69) | |||
| Total Risk Alpha | (2.05) | |||
| Treynor Ratio | (3.79) |
Coincheck Group NV Backtested Returns
Coincheck Group NV secures Sharpe Ratio (or Efficiency) of -0.096, which signifies that the company had a -0.096% return per unit of risk over the last 3 months. Coincheck Group NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Coincheck Group's Risk Adjusted Performance of (0.07), mean deviation of 13.02, and Standard Deviation of 17.01 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Coincheck Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coincheck Group is expected to be smaller as well. At this point, Coincheck Group NV has a negative expected return of -1.59%. Please make sure to confirm Coincheck Group's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Coincheck Group NV performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Coincheck Group NV has no correlation between past and present. Overlapping area represents the amount of predictability between Coincheck Group time series from 15th of April 2024 to 28th of August 2024 and 28th of August 2024 to 10th of January 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 Coincheck Group NV price movement. The serial correlation of 0.0 indicates that just 0.0% of current Coincheck Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Coincheck Group NV lagged returns against current returns
Autocorrelation, which is Coincheck Group 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 Coincheck Group's stock expected returns. We can calculate the autocorrelation of Coincheck Group returns to help us make a trade decision. For example, suppose you find that Coincheck Group 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 |
Coincheck Group 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 Coincheck Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coincheck Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coincheck Group stock over time.
Current vs Lagged Prices |
| Timeline |
Coincheck Group Lagged Returns
When evaluating Coincheck Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coincheck Group stock have on its future price. Coincheck Group 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, Coincheck Group autocorrelation shows the relationship between Coincheck Group stock current value and its past values and can show if there is a momentum factor associated with investing in Coincheck Group NV.
Regressed Prices |
| Timeline |
Also Currently Popular
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Additional Tools for Coincheck Stock Analysis
When running Coincheck Group's price analysis, check to measure Coincheck Group's 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 Coincheck Group is operating at the current time. Most of Coincheck Group's value examination focuses on studying past and present price action to predict the probability of Coincheck Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coincheck Group's price. Additionally, you may evaluate how the addition of Coincheck Group to your portfolios can decrease your overall portfolio volatility.