CUSTODIAN INVESTMENT's market value is the price at which a share of CUSTODIAN INVESTMENT trades on a public exchange. It measures the collective expectations of CUSTODIAN INVESTMENT PLC investors about its performance. CUSTODIAN INVESTMENT is trading at 12.60 as of the 12th of December 2024. This is a 0.80 percent increase since the beginning of the trading day. The stock's open price was 12.5. With this module, you can estimate the performance of a buy and hold strategy of CUSTODIAN INVESTMENT PLC and determine expected loss or profit from investing in CUSTODIAN INVESTMENT over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Symbol
CUSTODIAN
CUSTODIAN INVESTMENT '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 CUSTODIAN INVESTMENT'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 CUSTODIAN INVESTMENT.
0.00
11/12/2024
No Change 0.00
0.0
In 31 days
12/12/2024
0.00
If you would invest 0.00 in CUSTODIAN INVESTMENT on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding CUSTODIAN INVESTMENT PLC or generate 0.0% return on investment in CUSTODIAN INVESTMENT over 30 days.
CUSTODIAN INVESTMENT 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 CUSTODIAN INVESTMENT'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 CUSTODIAN INVESTMENT PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for CUSTODIAN INVESTMENT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CUSTODIAN INVESTMENT's standard deviation. In reality, there are many statistical measures that can use CUSTODIAN INVESTMENT historical prices to predict the future CUSTODIAN INVESTMENT's volatility.
CUSTODIAN INVESTMENT PLC secures Sharpe Ratio (or Efficiency) of -0.0077, which signifies that the company had a -0.0077% return per unit of volatility over the last 3 months. CUSTODIAN INVESTMENT PLC exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CUSTODIAN INVESTMENT's risk adjusted performance of 0.0239, and Mean Deviation of 1.41 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CUSTODIAN INVESTMENT's returns are expected to increase less than the market. However, during the bear market, the loss of holding CUSTODIAN INVESTMENT is expected to be smaller as well. At this point, CUSTODIAN INVESTMENT PLC has a negative expected return of -0.0193%. Please make sure to confirm CUSTODIAN INVESTMENT's jensen alpha, potential upside, as well as the relationship between the Potential Upside and daily balance of power , to decide if CUSTODIAN INVESTMENT PLC performance from the past will be repeated at future time.
Auto-correlation
-0.57
Good reverse predictability
CUSTODIAN INVESTMENT PLC has good reverse predictability. Overlapping area represents the amount of predictability between CUSTODIAN INVESTMENT time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 CUSTODIAN INVESTMENT PLC price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current CUSTODIAN INVESTMENT price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.57
Spearman Rank Test
-0.5
Residual Average
0.0
Price Variance
0.02
CUSTODIAN INVESTMENT PLC lagged returns against current returns
Autocorrelation, which is CUSTODIAN INVESTMENT 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 CUSTODIAN INVESTMENT's stock expected returns. We can calculate the autocorrelation of CUSTODIAN INVESTMENT returns to help us make a trade decision. For example, suppose you find that CUSTODIAN INVESTMENT 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
CUSTODIAN INVESTMENT 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 CUSTODIAN INVESTMENT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CUSTODIAN INVESTMENT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CUSTODIAN INVESTMENT stock over time.
Current vs Lagged Prices
Timeline
CUSTODIAN INVESTMENT Lagged Returns
When evaluating CUSTODIAN INVESTMENT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CUSTODIAN INVESTMENT stock have on its future price. CUSTODIAN INVESTMENT 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, CUSTODIAN INVESTMENT autocorrelation shows the relationship between CUSTODIAN INVESTMENT stock current value and its past values and can show if there is a momentum factor associated with investing in CUSTODIAN INVESTMENT PLC.
Regressed Prices
Timeline
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