CA Sales (South Africa) Market Value
| CAA Stock | 1,551 78.00 4.79% |
| Symbol | CAA |
CA Sales '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 CA Sales' 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 CA Sales.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in CA Sales on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding CA Sales Holdings or generate 0.0% return on investment in CA Sales over 30 days. CA Sales is related to or competes with Life Healthcare, Harmony Gold, Ascendis Health, British Amer, and Hosken Consolidated. More
CA Sales 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 CA Sales' 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 CA Sales Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.76 | |||
| Information Ratio | 0.0326 | |||
| Maximum Drawdown | 12.35 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 5.35 |
CA Sales Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CA Sales' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CA Sales' standard deviation. In reality, there are many statistical measures that can use CA Sales historical prices to predict the future CA Sales' volatility.| Risk Adjusted Performance | 0.0435 | |||
| Jensen Alpha | 0.1144 | |||
| Total Risk Alpha | 0.0432 | |||
| Sortino Ratio | 0.0308 | |||
| Treynor Ratio | (0.22) |
CA Sales Holdings Backtested Returns
At this point, CA Sales is very steady. CA Sales Holdings retains Efficiency (Sharpe Ratio) of 0.0176, which signifies that the company had a 0.0176 % return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for CA Sales, which you can use to evaluate the volatility of the entity. Please confirm CA Sales' Coefficient Of Variation of 2278.08, market risk adjusted performance of (0.21), and Standard Deviation of 2.62 to double-check if the risk estimate we provide is consistent with the expected return of 0.0475%. CA Sales has a performance score of 1 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CA Sales are expected to decrease at a much lower rate. During the bear market, CA Sales is likely to outperform the market. CA Sales Holdings today owns a risk of 2.7%. Please confirm CA Sales Holdings semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if CA Sales Holdings will be following its current price history.
Auto-correlation | -0.42 |
Modest reverse predictability
CA Sales Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between CA Sales time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CA Sales Holdings price movement. The serial correlation of -0.42 indicates that just about 42.0% of current CA Sales price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1942.0 |
CA Sales Holdings lagged returns against current returns
Autocorrelation, which is CA Sales 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 CA Sales' stock expected returns. We can calculate the autocorrelation of CA Sales returns to help us make a trade decision. For example, suppose you find that CA Sales 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 |
CA Sales 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 CA Sales stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CA Sales stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CA Sales stock over time.
Current vs Lagged Prices |
| Timeline |
CA Sales Lagged Returns
When evaluating CA Sales' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CA Sales stock have on its future price. CA Sales 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, CA Sales autocorrelation shows the relationship between CA Sales stock current value and its past values and can show if there is a momentum factor associated with investing in CA Sales Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in CAA Stock
CA Sales financial ratios help investors to determine whether CAA 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 CAA with respect to the benefits of owning CA Sales security.