Cogobuy (Germany) Market Value
| 7C3 Stock | EUR 0.15 0.01 6.25% |
| Symbol | Cogobuy |
Cogobuy '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 Cogobuy'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 Cogobuy.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Cogobuy on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Cogobuy Group or generate 0.0% return on investment in Cogobuy over 30 days. Cogobuy is related to or competes with Chiba Bank, REINET INVESTMENTS, PennantPark Investment, 24SEVENOFFICE GROUP, and REVO INSURANCE. Cogobuy Group operates as an e-commerce company serving the electronics manufacturing industry in the Peoples Republic o... More
Cogobuy 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 Cogobuy'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 Cogobuy Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.73 | |||
| Information Ratio | 0.0801 | |||
| Maximum Drawdown | 63.03 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 14.29 |
Cogobuy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cogobuy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cogobuy's standard deviation. In reality, there are many statistical measures that can use Cogobuy historical prices to predict the future Cogobuy's volatility.| Risk Adjusted Performance | 0.0826 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0683 | |||
| Treynor Ratio | (0.41) |
Cogobuy Group Backtested Returns
Cogobuy appears to be out of control, given 3 months investment horizon. Cogobuy Group secures Sharpe Ratio (or Efficiency) of 0.0966, which signifies that the company had a 0.0966% return per unit of risk over the last 3 months. By analyzing Cogobuy's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please makes use of Cogobuy's Risk Adjusted Performance of 0.0826, mean deviation of 5.08, and Downside Deviation of 9.73 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cogobuy holds a performance score of 7. The firm shows a Beta (market volatility) of -1.92, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cogobuy are expected to decrease by larger amounts. On the other hand, during market turmoil, Cogobuy is expected to outperform it. Please check Cogobuy's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Cogobuy's price patterns will revert.
Auto-correlation | 0.18 |
Very weak predictability
Cogobuy Group has very weak predictability. Overlapping area represents the amount of predictability between Cogobuy time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Cogobuy Group price movement. The serial correlation of 0.18 indicates that over 18.0% of current Cogobuy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cogobuy Group lagged returns against current returns
Autocorrelation, which is Cogobuy 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 Cogobuy's stock expected returns. We can calculate the autocorrelation of Cogobuy returns to help us make a trade decision. For example, suppose you find that Cogobuy 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 |
Cogobuy 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 Cogobuy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cogobuy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cogobuy stock over time.
Current vs Lagged Prices |
| Timeline |
Cogobuy Lagged Returns
When evaluating Cogobuy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cogobuy stock have on its future price. Cogobuy 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, Cogobuy autocorrelation shows the relationship between Cogobuy stock current value and its past values and can show if there is a momentum factor associated with investing in Cogobuy Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cogobuy Stock
Cogobuy financial ratios help investors to determine whether Cogobuy 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 Cogobuy with respect to the benefits of owning Cogobuy security.