Comba Telecom (Germany) Market Value
| COA1 Stock | 0.13 0.01 8.33% |
| Symbol | Comba |
Comba Telecom '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 Comba Telecom'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 Comba Telecom.
| 05/23/2023 |
| 12/13/2024 |
If you would invest 0.00 in Comba Telecom on May 23, 2023 and sell it all today you would earn a total of 0.00 from holding Comba Telecom Systems or generate 0.0% return on investment in Comba Telecom over 570 days. Comba Telecom is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
Comba Telecom 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 Comba Telecom'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 Comba Telecom Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.45 | |||
| Information Ratio | 0.0273 | |||
| Maximum Drawdown | 22.62 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Comba Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comba Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Comba Telecom's standard deviation. In reality, there are many statistical measures that can use Comba Telecom historical prices to predict the future Comba Telecom's volatility.| Risk Adjusted Performance | 0.0442 | |||
| Jensen Alpha | 0.269 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 0.0148 | |||
| Treynor Ratio | (0.90) |
Comba Telecom Systems Backtested Returns
Comba Telecom appears to be out of control, given 3 months investment horizon. Comba Telecom Systems secures Sharpe Ratio (or Efficiency) of 0.0498, which signifies that the company had a 0.0498% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Comba Telecom Systems, which you can use to evaluate the volatility of the firm. Please makes use of Comba Telecom's Risk Adjusted Performance of 0.0442, mean deviation of 3.07, and Downside Deviation of 9.45 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Comba Telecom holds a performance score of 3. The firm shows a Beta (market volatility) of -0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Comba Telecom are expected to decrease at a much lower rate. During the bear market, Comba Telecom is likely to outperform the market. Please check Comba Telecom's jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to make a quick decision on whether Comba Telecom's price patterns will revert.
Auto-correlation | -0.81 |
Excellent reverse predictability
Comba Telecom Systems has excellent reverse predictability. Overlapping area represents the amount of predictability between Comba Telecom time series from 23rd of May 2023 to 3rd of March 2024 and 3rd of March 2024 to 13th 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 Comba Telecom Systems price movement. The serial correlation of -0.81 indicates that around 81.0% of current Comba Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Comba Telecom Systems lagged returns against current returns
Autocorrelation, which is Comba Telecom 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 Comba Telecom's stock expected returns. We can calculate the autocorrelation of Comba Telecom returns to help us make a trade decision. For example, suppose you find that Comba Telecom 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 |
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Comba Telecom 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 Comba Telecom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Comba Telecom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Comba Telecom stock over time.
Current vs Lagged Prices |
| Timeline |
Comba Telecom Lagged Returns
When evaluating Comba Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Comba Telecom stock have on its future price. Comba Telecom 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, Comba Telecom autocorrelation shows the relationship between Comba Telecom stock current value and its past values and can show if there is a momentum factor associated with investing in Comba Telecom Systems.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Comba Stock Analysis
When running Comba Telecom's price analysis, check to measure Comba Telecom'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 Comba Telecom is operating at the current time. Most of Comba Telecom's value examination focuses on studying past and present price action to predict the probability of Comba Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comba Telecom's price. Additionally, you may evaluate how the addition of Comba Telecom to your portfolios can decrease your overall portfolio volatility.