Cabot (Germany) Market Value
| CBT Stock | EUR 88.50 0.50 0.57% |
| Symbol | Cabot |
Cabot '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 Cabot'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 Cabot.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Cabot on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Cabot or generate 0.0% return on investment in Cabot over 30 days. Cabot is related to or competes with JAPAN AIRLINES, AEGEAN AIRLINES, PennantPark Investment, New Residential, China Eastern, American Airlines, and AOYAMA TRADING. Cabot Corporation operates as a specialty chemicals and performance materials company More
Cabot 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 Cabot'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 Cabot upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.29 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 3.0 |
Cabot Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cabot's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cabot's standard deviation. In reality, there are many statistical measures that can use Cabot historical prices to predict the future Cabot's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (1.04) |
Cabot Backtested Returns
Cabot secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14 % return per unit of standard deviation over the last 3 months. Cabot exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cabot's mean deviation of 1.18, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cabot's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cabot is expected to be smaller as well. At this point, Cabot has a negative expected return of -0.22%. Please make sure to confirm Cabot's total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if Cabot performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.81 |
Excellent reverse predictability
Cabot has excellent reverse predictability. Overlapping area represents the amount of predictability between Cabot time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 Cabot price movement. The serial correlation of -0.81 indicates that around 81.0% of current Cabot price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 3.0 |
Cabot lagged returns against current returns
Autocorrelation, which is Cabot 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 Cabot's stock expected returns. We can calculate the autocorrelation of Cabot returns to help us make a trade decision. For example, suppose you find that Cabot 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 |
Cabot 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 Cabot stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cabot stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cabot stock over time.
Current vs Lagged Prices |
| Timeline |
Cabot Lagged Returns
When evaluating Cabot's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cabot stock have on its future price. Cabot 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, Cabot autocorrelation shows the relationship between Cabot stock current value and its past values and can show if there is a momentum factor associated with investing in Cabot.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Cabot Stock
When determining whether Cabot is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cabot Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cabot Stock. Highlighted below are key reports to facilitate an investment decision about Cabot Stock:Check out Cabot Correlation, Cabot Volatility and Cabot Alpha and Beta module to complement your research on Cabot. For more detail on how to invest in Cabot Stock please use our How to Invest in Cabot guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Cabot technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.