CrowdStrike Holdings (Germany) Market Value
| 45C Stock | EUR 343.35 14.90 4.54% |
| Symbol | CrowdStrike |
CrowdStrike 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 CrowdStrike 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 CrowdStrike Holdings.
| 08/25/2024 |
| 11/23/2024 |
If you would invest 0.00 in CrowdStrike Holdings on August 25, 2024 and sell it all today you would earn a total of 0.00 from holding CrowdStrike Holdings or generate 0.0% return on investment in CrowdStrike Holdings over 90 days. CrowdStrike Holdings is related to or competes with JAPAN TOBACCO, Nordic Semiconductor, Taiwan Semiconductor, TOREX SEMICONDUCTOR, BRIT AMER, and GREENX METALS. CrowdStrike Holdings, Inc. provides cloud-delivered solutions for endpoint and cloud workload protection in the United S... More
CrowdStrike 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 CrowdStrike 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 CrowdStrike Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.1645 | |||
| Maximum Drawdown | 10.02 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 5.21 |
CrowdStrike Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CrowdStrike Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CrowdStrike Holdings' standard deviation. In reality, there are many statistical measures that can use CrowdStrike Holdings historical prices to predict the future CrowdStrike Holdings' volatility.| Risk Adjusted Performance | 0.1712 | |||
| Jensen Alpha | 0.5517 | |||
| Total Risk Alpha | 0.1392 | |||
| Sortino Ratio | 0.1857 | |||
| Treynor Ratio | 17.47 |
CrowdStrike Holdings Backtested Returns
CrowdStrike Holdings appears to be very steady, given 3 months investment horizon. CrowdStrike Holdings secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. By analyzing CrowdStrike Holdings' technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of CrowdStrike Holdings' Downside Deviation of 2.34, mean deviation of 2.16, and Risk Adjusted Performance of 0.1712 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CrowdStrike Holdings holds a performance score of 17. 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, CrowdStrike Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding CrowdStrike Holdings is expected to be smaller as well. Please check CrowdStrike Holdings' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether CrowdStrike Holdings' price patterns will revert.
Auto-correlation | 0.64 |
Good predictability
CrowdStrike Holdings has good predictability. Overlapping area represents the amount of predictability between CrowdStrike Holdings time series from 25th of August 2024 to 9th of October 2024 and 9th of October 2024 to 23rd of November 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 CrowdStrike Holdings price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current CrowdStrike Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 522.73 |
CrowdStrike Holdings lagged returns against current returns
Autocorrelation, which is CrowdStrike 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 CrowdStrike Holdings' stock expected returns. We can calculate the autocorrelation of CrowdStrike Holdings returns to help us make a trade decision. For example, suppose you find that CrowdStrike 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 |
CrowdStrike 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 CrowdStrike Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CrowdStrike Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CrowdStrike Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
CrowdStrike Holdings Lagged Returns
When evaluating CrowdStrike Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CrowdStrike Holdings stock have on its future price. CrowdStrike 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, CrowdStrike Holdings autocorrelation shows the relationship between CrowdStrike Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in CrowdStrike Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in CrowdStrike Stock
When determining whether CrowdStrike Holdings is a strong investment it is important to analyze CrowdStrike Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CrowdStrike Holdings' future performance. For an informed investment choice regarding CrowdStrike Stock, refer to the following important reports:Check out CrowdStrike Holdings Correlation, CrowdStrike Holdings Volatility and CrowdStrike Holdings Alpha and Beta module to complement your research on CrowdStrike Holdings. For more detail on how to invest in CrowdStrike Stock please use our How to Invest in CrowdStrike Holdings guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
CrowdStrike 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.