Colt CZ (Czech Republic) Market Value
| CZG Stock | CZK 750.00 6.00 0.81% |
| Symbol | Colt |
Colt CZ '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 Colt CZ'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 Colt CZ.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Colt CZ on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Colt CZ Group or generate 0.0% return on investment in Colt CZ over 90 days. Colt CZ is related to or competes with Cez AS, Komercni Banka, Moneta Money, Erste Group, and Kofola CeskoSlovensko. CZG - Cesk zbrojovka Group SE, together with its subsidiaries, engages in the production, purchase, and sale of firearms... More
Colt CZ 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 Colt CZ'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 Colt CZ Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | 0.2943 | |||
| Maximum Drawdown | 5.28 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 2.01 |
Colt CZ Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Colt CZ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Colt CZ's standard deviation. In reality, there are many statistical measures that can use Colt CZ historical prices to predict the future Colt CZ's volatility.| Risk Adjusted Performance | 0.1768 | |||
| Jensen Alpha | 0.2067 | |||
| Total Risk Alpha | 0.3362 | |||
| Sortino Ratio | 0.2858 | |||
| Treynor Ratio | 6.39 |
Colt CZ Group Backtested Returns
Currently, Colt CZ Group is very steady. Colt CZ Group secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Colt CZ Group, which you can use to evaluate the volatility of the firm. Please confirm Colt CZ's Downside Deviation of 1.09, risk adjusted performance of 0.1768, and Mean Deviation of 0.7689 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Colt CZ has a performance score of 14 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0318, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Colt CZ's returns are expected to increase less than the market. However, during the bear market, the loss of holding Colt CZ is expected to be smaller as well. Colt CZ Group right now shows a risk of 1.08%. Please confirm Colt CZ Group jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Colt CZ Group will be following its price patterns.
Auto-correlation | 0.67 |
Good predictability
Colt CZ Group has good predictability. Overlapping area represents the amount of predictability between Colt CZ time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Colt CZ Group price movement. The serial correlation of 0.67 indicates that around 67.0% of current Colt CZ price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 316.44 |
Colt CZ Group lagged returns against current returns
Autocorrelation, which is Colt CZ 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 Colt CZ's stock expected returns. We can calculate the autocorrelation of Colt CZ returns to help us make a trade decision. For example, suppose you find that Colt CZ 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 |
Colt CZ 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 Colt CZ stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Colt CZ stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Colt CZ stock over time.
Current vs Lagged Prices |
| Timeline |
Colt CZ Lagged Returns
When evaluating Colt CZ's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Colt CZ stock have on its future price. Colt CZ 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, Colt CZ autocorrelation shows the relationship between Colt CZ stock current value and its past values and can show if there is a momentum factor associated with investing in Colt CZ Group.
Regressed Prices |
| Timeline |
Pair Trading with Colt CZ
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Colt CZ position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Colt CZ will appreciate offsetting losses from the drop in the long position's value.Moving together with Colt Stock
| 0.72 | CEZ | Cez AS Earnings Call This Week | PairCorr |
| 0.84 | KOFOL | Kofola CeskoSlovensko | PairCorr |
| 0.73 | KLIKY | MT 1997 AS | PairCorr |
| 0.68 | HWIO | HARDWARIO as | PairCorr |
Moving against Colt Stock
The ability to find closely correlated positions to Colt CZ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colt CZ when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Colt CZ - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Colt CZ Group to buy it.
The correlation of Colt CZ is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Colt CZ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colt CZ Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Colt CZ can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Colt Stock Analysis
When running Colt CZ's price analysis, check to measure Colt CZ's 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 Colt CZ is operating at the current time. Most of Colt CZ's value examination focuses on studying past and present price action to predict the probability of Colt CZ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colt CZ's price. Additionally, you may evaluate how the addition of Colt CZ to your portfolios can decrease your overall portfolio volatility.