Cibox Interctive (France) Market Value
| ALCBX Stock | 0.04 0 4.32% |
| Symbol | Cibox |
Cibox Interctive '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 Cibox Interctive'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 Cibox Interctive.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Cibox Interctive on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Cibox Interctive SA or generate 0.0% return on investment in Cibox Interctive over 30 days.
Cibox Interctive 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 Cibox Interctive'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 Cibox Interctive SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.35 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 41.73 | |||
| Value At Risk | (9.76) | |||
| Potential Upside | 13.7 |
Cibox Interctive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cibox Interctive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cibox Interctive's standard deviation. In reality, there are many statistical measures that can use Cibox Interctive historical prices to predict the future Cibox Interctive's volatility.| Risk Adjusted Performance | 0.0114 | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (1.22) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0061 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cibox Interctive's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cibox Interctive Backtested Returns
Currently, Cibox Interctive SA is out of control. Cibox Interctive secures Sharpe Ratio (or Efficiency) of 0.0261, which signifies that the company had a 0.0261% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Cibox Interctive SA, which you can use to evaluate the volatility of the firm. Please confirm Cibox Interctive's mean deviation of 5.5, and Risk Adjusted Performance of 0.0114 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Cibox Interctive has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.25, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cibox Interctive will likely underperform. Cibox Interctive right now shows a risk of 7.43%. Please confirm Cibox Interctive coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if Cibox Interctive will be following its price patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
Cibox Interctive SA has very good reverse predictability. Overlapping area represents the amount of predictability between Cibox Interctive 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 Cibox Interctive price movement. The serial correlation of -0.66 indicates that around 66.0% of current Cibox Interctive price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cibox Interctive lagged returns against current returns
Autocorrelation, which is Cibox Interctive 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 Cibox Interctive's stock expected returns. We can calculate the autocorrelation of Cibox Interctive returns to help us make a trade decision. For example, suppose you find that Cibox Interctive 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 |
Cibox Interctive 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 Cibox Interctive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cibox Interctive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cibox Interctive stock over time.
Current vs Lagged Prices |
| Timeline |
Cibox Interctive Lagged Returns
When evaluating Cibox Interctive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cibox Interctive stock have on its future price. Cibox Interctive 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, Cibox Interctive autocorrelation shows the relationship between Cibox Interctive stock current value and its past values and can show if there is a momentum factor associated with investing in Cibox Interctive SA.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Cibox Stock Analysis
When running Cibox Interctive's price analysis, check to measure Cibox Interctive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cibox Interctive is operating at the current time. Most of Cibox Interctive's value examination focuses on studying past and present price action to predict the probability of Cibox Interctive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cibox Interctive's price. Additionally, you may evaluate how the addition of Cibox Interctive to your portfolios can decrease your overall portfolio volatility.