COG Financial (Australia) Market Value
| COG Stock | 0.95 0.03 3.26% |
| Symbol | COG |
COG Financial '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 COG Financial'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 COG Financial.
| 09/30/2024 |
| 12/29/2024 |
If you would invest 0.00 in COG Financial on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding COG Financial Services or generate 0.0% return on investment in COG Financial over 90 days. COG Financial is related to or competes with Super Retail, Retail Food, and Charter Hall. COG Financial is entity of Australia. It is traded as Stock on AU exchange. More
COG Financial 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 COG Financial'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 COG Financial Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 12.12 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 4.44 |
COG Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COG Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COG Financial's standard deviation. In reality, there are many statistical measures that can use COG Financial historical prices to predict the future COG Financial's volatility.| Risk Adjusted Performance | 0.0158 | |||
| Jensen Alpha | 0.0104 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0566 |
COG Financial Services Backtested Returns
Currently, COG Financial Services is dangerous. COG Financial Services secures Sharpe Ratio (or Efficiency) of 0.0186, which signifies that the company had a 0.0186% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for COG Financial Services, which you can use to evaluate the volatility of the firm. Please confirm COG Financial's Risk Adjusted Performance of 0.0158, mean deviation of 1.64, and Semi Deviation of 1.83 to double-check if the risk estimate we provide is consistent with the expected return of 0.0444%. COG Financial has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, COG Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding COG Financial is expected to be smaller as well. COG Financial Services now shows a risk of 2.39%. Please confirm COG Financial Services coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to decide if COG Financial Services will be following its price patterns.
Auto-correlation | -0.43 |
Modest reverse predictability
COG Financial Services has modest reverse predictability. Overlapping area represents the amount of predictability between COG Financial time series from 30th of September 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 COG Financial Services price movement. The serial correlation of -0.43 indicates that just about 43.0% of current COG Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
COG Financial Services lagged returns against current returns
Autocorrelation, which is COG Financial 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 COG Financial's stock expected returns. We can calculate the autocorrelation of COG Financial returns to help us make a trade decision. For example, suppose you find that COG Financial 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 |
COG Financial 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 COG Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COG Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COG Financial stock over time.
Current vs Lagged Prices |
| Timeline |
COG Financial Lagged Returns
When evaluating COG Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COG Financial stock have on its future price. COG Financial 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, COG Financial autocorrelation shows the relationship between COG Financial stock current value and its past values and can show if there is a momentum factor associated with investing in COG Financial Services.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for COG Stock Analysis
When running COG Financial's price analysis, check to measure COG Financial'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 COG Financial is operating at the current time. Most of COG Financial's value examination focuses on studying past and present price action to predict the probability of COG Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COG Financial's price. Additionally, you may evaluate how the addition of COG Financial to your portfolios can decrease your overall portfolio volatility.