CTT Systems (Sweden) Market Value
| CTT Stock | SEK 229.00 2.00 0.88% |
| Symbol | CTT |
CTT Systems '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 Systems' 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 Systems.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in CTT Systems on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding CTT Systems AB or generate 0.0% return on investment in CTT Systems over 90 days. CTT Systems is related to or competes with Enea AB, BTS Group, CellaVision, Biotage AB, and Bufab Holding. CTT Systems AB provides aerospace products for active humidity control worldwide More
CTT Systems 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 Systems' 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 Systems AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 25.67 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 2.56 |
CTT Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CTT Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CTT Systems' standard deviation. In reality, there are many statistical measures that can use CTT Systems historical prices to predict the future CTT Systems' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | 0.0748 | |||
| Treynor Ratio | (0.57) |
CTT Systems AB Backtested Returns
CTT Systems AB secures Sharpe Ratio (or Efficiency) of -0.086, which signifies that the company had a -0.086 % return per unit of volatility over the last 3 months. CTT Systems AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CTT Systems' risk adjusted performance of (0.08), and Mean Deviation of 1.46 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CTT Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding CTT Systems is expected to be smaller as well. At this point, CTT Systems AB has a negative expected return of -0.26%. Please make sure to confirm CTT Systems' skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if CTT Systems AB performance from the past will be repeated at future time.
Auto-correlation | -0.15 |
Insignificant reverse predictability
CTT Systems AB has insignificant reverse predictability. Overlapping area represents the amount of predictability between CTT Systems time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Systems AB price movement. The serial correlation of -0.15 indicates that less than 15.0% of current CTT Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 442.25 |
CTT Systems AB lagged returns against current returns
Autocorrelation, which is CTT Systems 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 Systems' stock expected returns. We can calculate the autocorrelation of CTT Systems returns to help us make a trade decision. For example, suppose you find that CTT Systems 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 Systems 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 Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CTT Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CTT Systems stock over time.
Current vs Lagged Prices |
| Timeline |
CTT Systems Lagged Returns
When evaluating CTT Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CTT Systems stock have on its future price. CTT Systems 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 Systems autocorrelation shows the relationship between CTT Systems stock current value and its past values and can show if there is a momentum factor associated with investing in CTT Systems AB.
Regressed Prices |
| Timeline |
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Additional Tools for CTT Stock Analysis
When running CTT Systems' price analysis, check to measure CTT Systems' 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 Systems is operating at the current time. Most of CTT Systems' value examination focuses on studying past and present price action to predict the probability of CTT Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTT Systems' price. Additionally, you may evaluate how the addition of CTT Systems to your portfolios can decrease your overall portfolio volatility.