CAVELL TOURISTIC (Mauritius) Market Value
| CAVT Stock | 19.00 0.00 0.00% |
| Symbol | CAVELL |
CAVELL TOURISTIC '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 CAVELL TOURISTIC'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 CAVELL TOURISTIC.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in CAVELL TOURISTIC on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding CAVELL TOURISTIC INVESTMENTS or generate 0.0% return on investment in CAVELL TOURISTIC over 30 days.
CAVELL TOURISTIC 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 CAVELL TOURISTIC'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 CAVELL TOURISTIC INVESTMENTS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 15.15 | |||
| Value At Risk | (0.20) |
CAVELL TOURISTIC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CAVELL TOURISTIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CAVELL TOURISTIC's standard deviation. In reality, there are many statistical measures that can use CAVELL TOURISTIC historical prices to predict the future CAVELL TOURISTIC's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.9993 |
CAVELL TOURISTIC INV Backtested Returns
CAVELL TOURISTIC INV secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2 % return per unit of volatility over the last 3 months. CAVELL TOURISTIC INVESTMENTS exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CAVELL TOURISTIC's Market Risk Adjusted Performance of 1.01, mean deviation of 0.7204, and Variance of 4.12 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CAVELL TOURISTIC are expected to decrease at a much lower rate. During the bear market, CAVELL TOURISTIC is likely to outperform the market. At this point, CAVELL TOURISTIC INV has a negative expected return of -0.42%. Please make sure to confirm CAVELL TOURISTIC's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if CAVELL TOURISTIC INV performance from the past will be repeated in the future.
Auto-correlation | 0.00 |
No correlation between past and present
CAVELL TOURISTIC INVESTMENTS has no correlation between past and present. Overlapping area represents the amount of predictability between CAVELL TOURISTIC time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd 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 CAVELL TOURISTIC INV price movement. The serial correlation of 0.0 indicates that just 0.0% of current CAVELL TOURISTIC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CAVELL TOURISTIC INV lagged returns against current returns
Autocorrelation, which is CAVELL TOURISTIC 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 CAVELL TOURISTIC's stock expected returns. We can calculate the autocorrelation of CAVELL TOURISTIC returns to help us make a trade decision. For example, suppose you find that CAVELL TOURISTIC 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 |
CAVELL TOURISTIC 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 CAVELL TOURISTIC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CAVELL TOURISTIC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CAVELL TOURISTIC stock over time.
Current vs Lagged Prices |
| Timeline |
CAVELL TOURISTIC Lagged Returns
When evaluating CAVELL TOURISTIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CAVELL TOURISTIC stock have on its future price. CAVELL TOURISTIC 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, CAVELL TOURISTIC autocorrelation shows the relationship between CAVELL TOURISTIC stock current value and its past values and can show if there is a momentum factor associated with investing in CAVELL TOURISTIC INVESTMENTS.
Regressed Prices |
| Timeline |
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