Conferize (Denmark) Market Value
| CONFRZ Stock | DKK 0.01 0 13.33% |
| Symbol | Conferize |
Conferize '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 Conferize'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 Conferize.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Conferize on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Conferize AS or generate 0.0% return on investment in Conferize over 30 days. Conferize is related to or competes with BioPorto, Dataproces Group, and Penneo AS. Conferize AS develops an online software solution for event and conference market More
Conferize 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 Conferize'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 Conferize AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.88 | |||
| Information Ratio | 0.0491 | |||
| Maximum Drawdown | 52.08 | |||
| Value At Risk | (13.33) | |||
| Potential Upside | 16.67 |
Conferize Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Conferize's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Conferize's standard deviation. In reality, there are many statistical measures that can use Conferize historical prices to predict the future Conferize's volatility.| Risk Adjusted Performance | 0.0445 | |||
| Jensen Alpha | 0.4632 | |||
| Total Risk Alpha | 0.7878 | |||
| Sortino Ratio | 0.0456 | |||
| Treynor Ratio | (1.15) |
Conferize AS Backtested Returns
Conferize appears to be out of control, given 3 months investment horizon. Conferize AS secures Sharpe Ratio (or Efficiency) of 0.0615, which signifies that the company had a 0.0615 % return per unit of risk over the last 3 months. By analyzing Conferize's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of Conferize's Mean Deviation of 7.33, risk adjusted performance of 0.0445, and Downside Deviation of 10.88 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Conferize holds a performance score of 4. The firm shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Conferize are expected to decrease at a much lower rate. During the bear market, Conferize is likely to outperform the market. Please check Conferize's treynor ratio and the relationship between the semi variance and period momentum indicator , to make a quick decision on whether Conferize's price patterns will revert.
Auto-correlation | 0.16 |
Very weak predictability
Conferize AS has very weak predictability. Overlapping area represents the amount of predictability between Conferize time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Conferize AS price movement. The serial correlation of 0.16 indicates that over 16.0% of current Conferize price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Conferize AS lagged returns against current returns
Autocorrelation, which is Conferize 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 Conferize's stock expected returns. We can calculate the autocorrelation of Conferize returns to help us make a trade decision. For example, suppose you find that Conferize 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 |
Conferize 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 Conferize stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Conferize stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Conferize stock over time.
Current vs Lagged Prices |
| Timeline |
Conferize Lagged Returns
When evaluating Conferize's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Conferize stock have on its future price. Conferize 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, Conferize autocorrelation shows the relationship between Conferize stock current value and its past values and can show if there is a momentum factor associated with investing in Conferize AS.
Regressed Prices |
| Timeline |
Other Information on Investing in Conferize Stock
Conferize financial ratios help investors to determine whether Conferize 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 Conferize with respect to the benefits of owning Conferize security.