CTT Correios (Portugal) Market Value
| CTT Stock | EUR 7.12 0.16 2.30% |
| Symbol | CTT |
CTT Correios '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 CTT Correios' 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 CTT Correios.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in CTT Correios on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding CTT Correios de or generate 0.0% return on investment in CTT Correios over 90 days. CTT Correios is related to or competes with Banco Comercial, Sonae SGPS, Galp Energia, NOS SGPS, and Navigator. More
CTT Correios 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 CTT Correios' 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 CTT Correios de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.3894 | |||
| Maximum Drawdown | 13.44 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 4.24 |
CTT Correios Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CTT Correios' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CTT Correios' standard deviation. In reality, there are many statistical measures that can use CTT Correios historical prices to predict the future CTT Correios' volatility.| Risk Adjusted Performance | 0.3006 | |||
| Jensen Alpha | 0.6691 | |||
| Total Risk Alpha | 0.9 | |||
| Sortino Ratio | 0.5162 | |||
| Treynor Ratio | 4.89 |
CTT Correios de Backtested Returns
CTT Correios appears to be somewhat reliable, given 3 months investment horizon. CTT Correios de secures Sharpe Ratio (or Efficiency) of 0.36, which signifies that the company had a 0.36 % return per unit of volatility over the last 3 months. By analyzing CTT Correios' technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please makes use of CTT Correios' mean deviation of 1.28, and Risk Adjusted Performance of 0.3006 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CTT Correios holds a performance score of 28. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CTT Correios' returns are expected to increase less than the market. However, during the bear market, the loss of holding CTT Correios is expected to be smaller as well. Please check CTT Correios' expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether CTT Correios' price patterns will revert.
Auto-correlation | 0.74 |
Good predictability
CTT Correios de has good predictability. Overlapping area represents the amount of predictability between CTT Correios time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 CTT Correios de price movement. The serial correlation of 0.74 indicates that around 74.0% of current CTT Correios price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
CTT Correios de lagged returns against current returns
Autocorrelation, which is CTT Correios 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 CTT Correios' stock expected returns. We can calculate the autocorrelation of CTT Correios returns to help us make a trade decision. For example, suppose you find that CTT Correios 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 |
CTT Correios 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 CTT Correios stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CTT Correios stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CTT Correios stock over time.
Current vs Lagged Prices |
| Timeline |
CTT Correios Lagged Returns
When evaluating CTT Correios' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CTT Correios stock have on its future price. CTT Correios 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, CTT Correios autocorrelation shows the relationship between CTT Correios stock current value and its past values and can show if there is a momentum factor associated with investing in CTT Correios de.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for CTT Stock Analysis
When running CTT Correios' price analysis, check to measure CTT Correios' 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 CTT Correios is operating at the current time. Most of CTT Correios' value examination focuses on studying past and present price action to predict the probability of CTT Correios' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTT Correios' price. Additionally, you may evaluate how the addition of CTT Correios to your portfolios can decrease your overall portfolio volatility.