CITIC RESHLDGS (Germany) Market Value
| CZR Stock | EUR 0.04 0 2.82% |
| Symbol | CITIC |
CITIC RESHLDGS '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 CITIC RESHLDGS'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 CITIC RESHLDGS.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in CITIC RESHLDGS on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding CITIC RESHLDGS HD or generate 0.0% return on investment in CITIC RESHLDGS over 90 days. CITIC RESHLDGS is related to or competes with MagnaChip Semiconductor, National Retail, FAST RETAIL, Taiwan Semiconductor, Semiconductor Manufacturing, BJs Restaurants, and ELMOS SEMICONDUCTOR. CITIC Resources Holdings Limited, an investment holding company, engages in the exploration, development, and production... More
CITIC RESHLDGS 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 CITIC RESHLDGS'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 CITIC RESHLDGS HD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.09 | |||
| Information Ratio | 0.0361 | |||
| Maximum Drawdown | 51.76 | |||
| Value At Risk | (4.94) | |||
| Potential Upside | 5.19 |
CITIC RESHLDGS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CITIC RESHLDGS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CITIC RESHLDGS's standard deviation. In reality, there are many statistical measures that can use CITIC RESHLDGS historical prices to predict the future CITIC RESHLDGS's volatility.| Risk Adjusted Performance | 0.0239 | |||
| Jensen Alpha | 0.0803 | |||
| Total Risk Alpha | 1.19 | |||
| Sortino Ratio | 0.0304 | |||
| Treynor Ratio | (0.45) |
CITIC RESHLDGS HD Backtested Returns
At this point, CITIC RESHLDGS is out of control. CITIC RESHLDGS HD secures Sharpe Ratio (or Efficiency) of 0.0155, which signifies that the company had a 0.0155 % return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for CITIC RESHLDGS HD, which you can use to evaluate the volatility of the firm. Please confirm CITIC RESHLDGS's mean deviation of 3.07, and Risk Adjusted Performance of 0.0239 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. CITIC RESHLDGS has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CITIC RESHLDGS are expected to decrease at a much lower rate. During the bear market, CITIC RESHLDGS is likely to outperform the market. CITIC RESHLDGS HD now shows a risk of 7.06%. Please confirm CITIC RESHLDGS HD potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if CITIC RESHLDGS HD will be following its price patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
CITIC RESHLDGS HD has insignificant reverse predictability. Overlapping area represents the amount of predictability between CITIC RESHLDGS time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 CITIC RESHLDGS HD price movement. The serial correlation of -0.13 indicates that less than 13.0% of current CITIC RESHLDGS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CITIC RESHLDGS HD lagged returns against current returns
Autocorrelation, which is CITIC RESHLDGS 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 CITIC RESHLDGS's stock expected returns. We can calculate the autocorrelation of CITIC RESHLDGS returns to help us make a trade decision. For example, suppose you find that CITIC RESHLDGS 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 |
CITIC RESHLDGS 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 CITIC RESHLDGS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CITIC RESHLDGS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CITIC RESHLDGS stock over time.
Current vs Lagged Prices |
| Timeline |
CITIC RESHLDGS Lagged Returns
When evaluating CITIC RESHLDGS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CITIC RESHLDGS stock have on its future price. CITIC RESHLDGS 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, CITIC RESHLDGS autocorrelation shows the relationship between CITIC RESHLDGS stock current value and its past values and can show if there is a momentum factor associated with investing in CITIC RESHLDGS HD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CITIC Stock
CITIC RESHLDGS financial ratios help investors to determine whether CITIC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CITIC with respect to the benefits of owning CITIC RESHLDGS security.