CCC SA (Germany) Market Value
| 6RK Stock | EUR 47.12 2.98 5.95% |
| Symbol | CCC |
CCC SA '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 CCC SA'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 CCC SA.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in CCC SA on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding CCC SA or generate 0.0% return on investment in CCC SA over 30 days. CCC SA is related to or competes with Entravision Communications, SIEM OFFSHORE, Chunghwa Telecom, IDP EDUCATION, WT OFFSHORE, COMBA TELECOM, and Highlight Communications. More
CCC SA 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 CCC SA'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 CCC SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | 0.1103 | |||
| Maximum Drawdown | 19.09 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 4.17 |
CCC SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CCC SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CCC SA's standard deviation. In reality, there are many statistical measures that can use CCC SA historical prices to predict the future CCC SA's volatility.| Risk Adjusted Performance | 0.1263 | |||
| Jensen Alpha | 0.4271 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1743 | |||
| Treynor Ratio | 1.58 |
CCC SA Backtested Returns
CCC SA appears to be very steady, given 3 months investment horizon. CCC SA retains Efficiency (Sharpe Ratio) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for CCC SA, which you can use to evaluate the volatility of the entity. Please makes use of CCC SA's coefficient of variation of 643.55, and Market Risk Adjusted Performance of 1.59 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CCC SA holds a performance score of 11. The firm owns a Beta (Systematic Risk) of 0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CCC SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding CCC SA is expected to be smaller as well. Please check CCC SA's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether CCC SA's current price history will revert.
Auto-correlation | 0.27 |
Poor predictability
CCC SA has poor predictability. Overlapping area represents the amount of predictability between CCC SA time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 CCC SA price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current CCC SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 3.25 |
CCC SA lagged returns against current returns
Autocorrelation, which is CCC SA 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 CCC SA's stock expected returns. We can calculate the autocorrelation of CCC SA returns to help us make a trade decision. For example, suppose you find that CCC SA 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 |
CCC SA 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 CCC SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CCC SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CCC SA stock over time.
Current vs Lagged Prices |
| Timeline |
CCC SA Lagged Returns
When evaluating CCC SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CCC SA stock have on its future price. CCC SA 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, CCC SA autocorrelation shows the relationship between CCC SA stock current value and its past values and can show if there is a momentum factor associated with investing in CCC SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CCC Stock
CCC SA financial ratios help investors to determine whether CCC 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 CCC with respect to the benefits of owning CCC SA security.