Cresud Wnt (Argentina) Market Value
| CRE3W Stock | ARS 1,350 20.00 1.50% |
| Symbol | Cresud |
Cresud Wnt '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 Cresud Wnt'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 Cresud Wnt.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Cresud Wnt on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Cresud Wnt or generate 0.0% return on investment in Cresud Wnt over 30 days. Cresud Wnt is related to or competes with United States, Halliburton, Coca Cola, Walt Disney, and Microsoft. More
Cresud Wnt 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 Cresud Wnt'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 Cresud Wnt upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.57 | |||
| Information Ratio | 0.266 | |||
| Maximum Drawdown | 25.58 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 7.48 |
Cresud Wnt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cresud Wnt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cresud Wnt's standard deviation. In reality, there are many statistical measures that can use Cresud Wnt historical prices to predict the future Cresud Wnt's volatility.| Risk Adjusted Performance | 0.24 | |||
| Jensen Alpha | 1.09 | |||
| Total Risk Alpha | 0.9643 | |||
| Sortino Ratio | 0.413 | |||
| Treynor Ratio | (39.92) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cresud Wnt's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cresud Wnt Backtested Returns
Cresud Wnt is very steady given 3 months investment horizon. Cresud Wnt secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3 % return per unit of standard deviation over the last 3 months. We have analyzed twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.25% are justified by taking the suggested risk. Use Cresud Wnt risk adjusted performance of 0.24, and Mean Deviation of 2.95 to evaluate company specific risk that cannot be diversified away. Cresud Wnt holds a performance score of 23 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.0273, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cresud Wnt are expected to decrease at a much lower rate. During the bear market, Cresud Wnt is likely to outperform the market. Use Cresud Wnt potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to analyze future returns on Cresud Wnt.
Auto-correlation | 0.24 |
Weak predictability
Cresud Wnt has weak predictability. Overlapping area represents the amount of predictability between Cresud Wnt time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd 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 Cresud Wnt price movement. The serial correlation of 0.24 indicates that over 24.0% of current Cresud Wnt price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 846.91 |
Cresud Wnt lagged returns against current returns
Autocorrelation, which is Cresud Wnt 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 Cresud Wnt's stock expected returns. We can calculate the autocorrelation of Cresud Wnt returns to help us make a trade decision. For example, suppose you find that Cresud Wnt 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 |
Cresud Wnt 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 Cresud Wnt stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cresud Wnt stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cresud Wnt stock over time.
Current vs Lagged Prices |
| Timeline |
Cresud Wnt Lagged Returns
When evaluating Cresud Wnt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cresud Wnt stock have on its future price. Cresud Wnt 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, Cresud Wnt autocorrelation shows the relationship between Cresud Wnt stock current value and its past values and can show if there is a momentum factor associated with investing in Cresud Wnt.
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.Other Information on Investing in Cresud Stock
Cresud Wnt financial ratios help investors to determine whether Cresud 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 Cresud with respect to the benefits of owning Cresud Wnt security.