Consolidated Construction (India) Market Value
| CCCL Stock | 16.42 0.72 4.59% |
| Symbol | Consolidated |
Consolidated Construction '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 Construction'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 Consolidated Construction.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Consolidated Construction on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Consolidated Construction Consortium or generate 0.0% return on investment in Consolidated Construction over 30 days. Consolidated Construction is related to or competes with Cambridge Technology, Bombay Burmah, Jindal Poly, Nalwa Sons, California Software, R S, and AUTHUM INVESTMENT. Consolidated Construction is entity of India More
Consolidated Construction 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 Construction'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 Consolidated Construction Consortium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.129 | |||
| Maximum Drawdown | 667.72 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.0 |
Consolidated Construction Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Consolidated Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Consolidated Construction's standard deviation. In reality, there are many statistical measures that can use Consolidated Construction historical prices to predict the future Consolidated Construction's volatility.| Risk Adjusted Performance | 0.11 | |||
| Jensen Alpha | 12.03 | |||
| Total Risk Alpha | (2.21) | |||
| Sortino Ratio | 4.01 | |||
| Treynor Ratio | (0.92) |
Consolidated Construction Backtested Returns
Consolidated Construction is out of control given 3 months investment horizon. Consolidated Construction secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We are able to interpolate and collect thirty different technical indicators, which can help you to evaluate if expected returns of 10.98% are justified by taking the suggested risk. Use Consolidated Construction Mean Deviation of 19.76, risk adjusted performance of 0.11, and Downside Deviation of 2.62 to evaluate company specific risk that cannot be diversified away. Consolidated Construction holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -11.52, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Consolidated Construction are expected to decrease by larger amounts. On the other hand, during market turmoil, Consolidated Construction is expected to outperform it. Use Consolidated Construction total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to analyze future returns on Consolidated Construction.
Auto-correlation | -0.31 |
Poor reverse predictability
Consolidated Construction Consortium has poor reverse predictability. Overlapping area represents the amount of predictability between Consolidated Construction time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Construction price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Consolidated Construction price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Consolidated Construction lagged returns against current returns
Autocorrelation, which is Consolidated Construction 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 Construction's stock expected returns. We can calculate the autocorrelation of Consolidated Construction returns to help us make a trade decision. For example, suppose you find that Consolidated Construction 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 Construction 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 Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Consolidated Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Consolidated Construction stock over time.
Current vs Lagged Prices |
| Timeline |
Consolidated Construction Lagged Returns
When evaluating Consolidated Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Consolidated Construction stock have on its future price. Consolidated Construction 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 Construction autocorrelation shows the relationship between Consolidated Construction stock current value and its past values and can show if there is a momentum factor associated with investing in Consolidated Construction Consortium.
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.Additional Tools for Consolidated Stock Analysis
When running Consolidated Construction's price analysis, check to measure Consolidated Construction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Consolidated Construction is operating at the current time. Most of Consolidated Construction's value examination focuses on studying past and present price action to predict the probability of Consolidated Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Construction's price. Additionally, you may evaluate how the addition of Consolidated Construction to your portfolios can decrease your overall portfolio volatility.