COSTAR GROUP (Germany) Market Value
| RLG Stock | EUR 69.94 0.46 0.66% |
| Symbol | COSTAR |
COSTAR GROUP '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 COSTAR GROUP'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 COSTAR GROUP.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in COSTAR GROUP on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding COSTAR GROUP INC or generate 0.0% return on investment in COSTAR GROUP over 90 days. COSTAR GROUP is related to or competes with DISTRICT METALS, Harmony Gold, Calibre Mining, Corporate Travel, FIREWEED METALS, UNIVMUSIC GRPADR/050, and Cleanaway Waste. CoStar Group, Inc. provides information, analytics, and online marketplaces to the commercial real estate industry in th... More
COSTAR GROUP 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 COSTAR GROUP'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 COSTAR GROUP INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.005 | |||
| Maximum Drawdown | 14.23 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 2.35 |
COSTAR GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COSTAR GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COSTAR GROUP's standard deviation. In reality, there are many statistical measures that can use COSTAR GROUP historical prices to predict the future COSTAR GROUP's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | 0.1731 | |||
| Treynor Ratio | 4.09 |
COSTAR GROUP INC Backtested Returns
COSTAR GROUP INC secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of volatility over the last 3 months. COSTAR GROUP INC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COSTAR GROUP's risk adjusted performance of (0.03), and Mean Deviation of 1.4 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.024, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning COSTAR GROUP are expected to decrease at a much lower rate. During the bear market, COSTAR GROUP is likely to outperform the market. At this point, COSTAR GROUP INC has a negative expected return of -0.0029%. Please make sure to confirm COSTAR GROUP's daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if COSTAR GROUP INC performance from the past will be repeated at future time.
Auto-correlation | -0.19 |
Insignificant reverse predictability
COSTAR GROUP INC has insignificant reverse predictability. Overlapping area represents the amount of predictability between COSTAR GROUP 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 COSTAR GROUP INC price movement. The serial correlation of -0.19 indicates that over 19.0% of current COSTAR GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 2.93 |
COSTAR GROUP INC lagged returns against current returns
Autocorrelation, which is COSTAR GROUP 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 COSTAR GROUP's stock expected returns. We can calculate the autocorrelation of COSTAR GROUP returns to help us make a trade decision. For example, suppose you find that COSTAR GROUP 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 |
COSTAR GROUP 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 COSTAR GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COSTAR GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COSTAR GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
COSTAR GROUP Lagged Returns
When evaluating COSTAR GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COSTAR GROUP stock have on its future price. COSTAR GROUP 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, COSTAR GROUP autocorrelation shows the relationship between COSTAR GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in COSTAR GROUP INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in COSTAR Stock
COSTAR GROUP financial ratios help investors to determine whether COSTAR 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 COSTAR with respect to the benefits of owning COSTAR GROUP security.