Cellink AB (Germany) Market Value
| 49Z Stock | EUR 2.90 0.07 2.36% |
| Symbol | Cellink |
Cellink AB '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 Cellink AB'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 Cellink AB.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Cellink AB on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Cellink AB or generate 0.0% return on investment in Cellink AB over 30 days. Cellink AB is related to or competes with Stryker, Insulet, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and NorAm Drilling. Cellink AB , a bio convergence company, designs and develops bioprinting, liquid handling, single-cell analysis, and liv... More
Cellink AB 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 Cellink AB'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 Cellink AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 45.04 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 8.99 |
Cellink AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cellink AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cellink AB's standard deviation. In reality, there are many statistical measures that can use Cellink AB historical prices to predict the future Cellink AB's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (1.18) | |||
| Treynor Ratio | 0.4746 |
Cellink AB Backtested Returns
Cellink AB secures Sharpe Ratio (or Efficiency) of -0.0474, which signifies that the company had a -0.0474% return per unit of risk over the last 3 months. Cellink AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cellink AB's Risk Adjusted Performance of (0.03), standard deviation of 5.82, and Mean Deviation of 3.21 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cellink AB are expected to decrease at a much lower rate. During the bear market, Cellink AB is likely to outperform the market. At this point, Cellink AB has a negative expected return of -0.28%. Please make sure to confirm Cellink AB's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Cellink AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
Cellink AB has virtually no predictability. Overlapping area represents the amount of predictability between Cellink AB time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Cellink AB price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Cellink AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Cellink AB lagged returns against current returns
Autocorrelation, which is Cellink AB 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 Cellink AB's stock expected returns. We can calculate the autocorrelation of Cellink AB returns to help us make a trade decision. For example, suppose you find that Cellink AB 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 |
Cellink AB 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 Cellink AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cellink AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cellink AB stock over time.
Current vs Lagged Prices |
| Timeline |
Cellink AB Lagged Returns
When evaluating Cellink AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cellink AB stock have on its future price. Cellink AB 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, Cellink AB autocorrelation shows the relationship between Cellink AB stock current value and its past values and can show if there is a momentum factor associated with investing in Cellink AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cellink Stock
Cellink AB financial ratios help investors to determine whether Cellink 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 Cellink with respect to the benefits of owning Cellink AB security.