Consolidated Communications (Germany) Market Value
| C8C Stock | EUR 4.42 0.04 0.91% |
| Symbol | Consolidated |
Consolidated Communications '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 Consolidated Communications' 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 Consolidated Communications.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Consolidated Communications on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Consolidated Communications Holdings or generate 0.0% return on investment in Consolidated Communications over 180 days. Consolidated Communications is related to or competes with Harmony Gold, USWE SPORTS, SPORT LISBOA, Columbia Sportswear, Fukuyama Transporting, Jacquet Metal, and Transport International. Consolidated Communications Holdings, Inc., through its subsidiaries, provides telecommunications services to business a... More
Consolidated Communications 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 Consolidated Communications' 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 Consolidated Communications Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8703 | |||
| Information Ratio | 0.0042 | |||
| Maximum Drawdown | 3.38 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 1.49 |
Consolidated Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Consolidated Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Consolidated Communications' standard deviation. In reality, there are many statistical measures that can use Consolidated Communications historical prices to predict the future Consolidated Communications' volatility.| Risk Adjusted Performance | 0.125 | |||
| Jensen Alpha | 0.1592 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0039 | |||
| Treynor Ratio | (0.39) |
Consolidated Communications Backtested Returns
At this point, Consolidated Communications is not too volatile. Consolidated Communications secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Consolidated Communications Holdings, which you can use to evaluate the volatility of the firm. Please confirm Consolidated Communications' Risk Adjusted Performance of 0.125, downside deviation of 0.8703, and Mean Deviation of 0.6287 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Consolidated Communications has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Consolidated Communications are expected to decrease at a much lower rate. During the bear market, Consolidated Communications is likely to outperform the market. Consolidated Communications right now shows a risk of 0.82%. Please confirm Consolidated Communications information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Consolidated Communications will be following its price patterns.
Auto-correlation | 0.51 |
Modest predictability
Consolidated Communications Holdings has modest predictability. Overlapping area represents the amount of predictability between Consolidated Communications time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Consolidated Communications price movement. The serial correlation of 0.51 indicates that about 51.0% of current Consolidated Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Consolidated Communications lagged returns against current returns
Autocorrelation, which is Consolidated Communications 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 Consolidated Communications' stock expected returns. We can calculate the autocorrelation of Consolidated Communications returns to help us make a trade decision. For example, suppose you find that Consolidated Communications 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 |
Consolidated Communications 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 Consolidated Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Consolidated Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Consolidated Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Consolidated Communications Lagged Returns
When evaluating Consolidated Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Consolidated Communications stock have on its future price. Consolidated Communications 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, Consolidated Communications autocorrelation shows the relationship between Consolidated Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Consolidated Communications Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Consolidated Stock
Consolidated Communications financial ratios help investors to determine whether Consolidated 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 Consolidated with respect to the benefits of owning Consolidated Communications security.