Crown Holdings (Germany) Market Value
| CWN Stock | EUR 78.88 0.42 0.53% |
| Symbol | Crown |
Crown Holdings '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 Crown Holdings' 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 Crown Holdings.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Crown Holdings on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Crown Holdings or generate 0.0% return on investment in Crown Holdings over 30 days. Crown Holdings is related to or competes with PREMIER FOODS, Chiba Bank, REVO INSURANCE, THAI BEVERAGE, and Ameriprise Financial. Crown Holdings, Inc. designs, manufactures, and sells packaging products and equipment for consumer goods and industrial... More
Crown Holdings 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 Crown Holdings' 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 Crown Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.93 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.25 |
Crown Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crown Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crown Holdings' standard deviation. In reality, there are many statistical measures that can use Crown Holdings historical prices to predict the future Crown Holdings' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.15) |
Crown Holdings Backtested Returns
Crown Holdings secures Sharpe Ratio (or Efficiency) of -0.0526, which signifies that the company had a -0.0526% return per unit of risk over the last 3 months. Crown Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crown Holdings' Risk Adjusted Performance of (0.05), standard deviation of 1.29, and Mean Deviation of 0.9747 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Crown Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Crown Holdings is expected to be smaller as well. At this point, Crown Holdings has a negative expected return of -0.0681%. Please make sure to confirm Crown Holdings' total risk alpha, skewness, day median price, as well as the relationship between the maximum drawdown and daily balance of power , to decide if Crown Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Crown Holdings has good predictability. Overlapping area represents the amount of predictability between Crown Holdings time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Crown Holdings price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Crown Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 3.42 |
Crown Holdings lagged returns against current returns
Autocorrelation, which is Crown Holdings 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 Crown Holdings' stock expected returns. We can calculate the autocorrelation of Crown Holdings returns to help us make a trade decision. For example, suppose you find that Crown Holdings 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 |
Crown Holdings 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 Crown Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crown Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crown Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Crown Holdings Lagged Returns
When evaluating Crown Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crown Holdings stock have on its future price. Crown Holdings 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, Crown Holdings autocorrelation shows the relationship between Crown Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Crown Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Crown Stock
When determining whether Crown Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Crown Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Crown Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Crown Holdings Stock:Check out Crown Holdings Correlation, Crown Holdings Volatility and Crown Holdings Alpha and Beta module to complement your research on Crown Holdings. For more detail on how to invest in Crown Stock please use our How to Invest in Crown Holdings guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Crown Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.