Carlos Casado (Argentina) Market Value
| CADO Stock | ARS 518.00 3.00 0.58% |
| Symbol | Carlos |
Carlos Casado '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 Carlos Casado'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 Carlos Casado.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Carlos Casado on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Carlos Casado or generate 0.0% return on investment in Carlos Casado over 90 days. Carlos Casado is related to or competes with Garovaglio, American Express, United States, Pfizer, Distribuidora, IRSA Propiedades, and Molinos Agro. Carlos Casado S.A. operates as an agricultural company in Argentina More
Carlos Casado 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 Carlos Casado'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 Carlos Casado upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 7.93 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 2.9 |
Carlos Casado Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carlos Casado's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carlos Casado's standard deviation. In reality, there are many statistical measures that can use Carlos Casado historical prices to predict the future Carlos Casado's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 0.5537 |
Carlos Casado Backtested Returns
At this point, Carlos Casado is very steady. Carlos Casado secures Sharpe Ratio (or Efficiency) of 5.0E-4, which signifies that the company had a 5.0E-4% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Carlos Casado, which you can use to evaluate the volatility of the firm. Please confirm Carlos Casado's insignificant Risk Adjusted Performance, standard deviation of 1.61, and Mean Deviation of 1.07 to double-check if the risk estimate we provide is consistent with the expected return of 9.0E-4%. The firm shows a Beta (market volatility) of -0.0474, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Carlos Casado are expected to decrease at a much lower rate. During the bear market, Carlos Casado is likely to outperform the market. Carlos Casado right now shows a risk of 1.62%. Please confirm Carlos Casado treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Carlos Casado will be following its price patterns.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Carlos Casado has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Carlos Casado time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 Carlos Casado price movement. The serial correlation of -0.72 indicates that around 72.0% of current Carlos Casado price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 453.51 |
Carlos Casado lagged returns against current returns
Autocorrelation, which is Carlos Casado 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 Carlos Casado's stock expected returns. We can calculate the autocorrelation of Carlos Casado returns to help us make a trade decision. For example, suppose you find that Carlos Casado 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 |
Carlos Casado 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 Carlos Casado stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carlos Casado stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carlos Casado stock over time.
Current vs Lagged Prices |
| Timeline |
Carlos Casado Lagged Returns
When evaluating Carlos Casado's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carlos Casado stock have on its future price. Carlos Casado 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, Carlos Casado autocorrelation shows the relationship between Carlos Casado stock current value and its past values and can show if there is a momentum factor associated with investing in Carlos Casado.
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.Other Information on Investing in Carlos Stock
Carlos Casado financial ratios help investors to determine whether Carlos 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 Carlos with respect to the benefits of owning Carlos Casado security.