Calbee (Germany) Market Value
| 9CB Stock | EUR 20.20 0.20 1.00% |
| Symbol | Calbee |
Calbee '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 Calbee'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 Calbee.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Calbee on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Calbee Inc or generate 0.0% return on investment in Calbee over 30 days. Calbee is related to or competes with XLMedia PLC, SEI INVESTMENTS, Mitsui Chemicals, Apollo Investment, ECHO INVESTMENT, and EAT WELL. Calbee, Inc. engages in the production and sale of snacks and other food products in Japan and internationally More
Calbee 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 Calbee'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 Calbee Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.71 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 1.96 |
Calbee Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calbee's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calbee's standard deviation. In reality, there are many statistical measures that can use Calbee historical prices to predict the future Calbee's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.39) |
Calbee Inc Backtested Returns
Calbee Inc secures Sharpe Ratio (or Efficiency) of -0.0564, which signifies that the company had a -0.0564% return per unit of risk over the last 3 months. Calbee Inc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calbee's Mean Deviation of 0.9906, risk adjusted performance of (0.06), and Standard Deviation of 1.44 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Calbee's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calbee is expected to be smaller as well. At this point, Calbee Inc has a negative expected return of -0.0801%. Please make sure to confirm Calbee's standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if Calbee Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.01 |
Very weak reverse predictability
Calbee Inc has very weak reverse predictability. Overlapping area represents the amount of predictability between Calbee time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th of December 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 Calbee Inc price movement. The serial correlation of -0.01 indicates that just 1.0% of current Calbee price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Calbee Inc lagged returns against current returns
Autocorrelation, which is Calbee 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 Calbee's stock expected returns. We can calculate the autocorrelation of Calbee returns to help us make a trade decision. For example, suppose you find that Calbee 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 |
Calbee 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 Calbee stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calbee stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calbee stock over time.
Current vs Lagged Prices |
| Timeline |
Calbee Lagged Returns
When evaluating Calbee's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calbee stock have on its future price. Calbee 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, Calbee autocorrelation shows the relationship between Calbee stock current value and its past values and can show if there is a momentum factor associated with investing in Calbee Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Calbee Stock
Calbee financial ratios help investors to determine whether Calbee 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 Calbee with respect to the benefits of owning Calbee security.