Ccl Industries Stock Market Value

CCL-A Stock  CAD 70.49  0.00  0.00%   
CCL Industries' market value is the price at which a share of CCL Industries trades on a public exchange. It measures the collective expectations of CCL Industries investors about its performance. CCL Industries is selling for under 70.49 as of the 25th of February 2025; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 70.49.
With this module, you can estimate the performance of a buy and hold strategy of CCL Industries and determine expected loss or profit from investing in CCL Industries over a given investment horizon. Check out CCL Industries Correlation, CCL Industries Volatility and CCL Industries Alpha and Beta module to complement your research on CCL Industries.
Symbol

Please note, there is a significant difference between CCL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if CCL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CCL Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

CCL Industries '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 CCL Industries' 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 CCL Industries.
0.00
01/26/2025
No Change 0.00  0.0 
In 30 days
02/25/2025
0.00
If you would invest  0.00  in CCL Industries on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding CCL Industries or generate 0.0% return on investment in CCL Industries over 30 days. CCL Industries is related to or competes with CCL Industries, Quebecor, Winpak, Restaurant Brands, and ATCO. CCL Industries Inc. manufactures and sells labels, containers, consumer printable media products, technology driven labe... More

CCL Industries 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 CCL Industries' 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 CCL Industries upside and downside potential and time the market with a certain degree of confidence.

CCL Industries Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CCL Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CCL Industries' standard deviation. In reality, there are many statistical measures that can use CCL Industries historical prices to predict the future CCL Industries' volatility.
Hype
Prediction
LowEstimatedHigh
69.4670.4971.52
Details
Intrinsic
Valuation
LowRealHigh
63.4472.2373.26
Details
Naive
Forecast
LowNextHigh
70.7371.7672.78
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
69.3772.6775.96
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CCL Industries. Your research has to be compared to or analyzed against CCL Industries' peers to derive any actionable benefits. When done correctly, CCL Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CCL Industries.

CCL Industries Backtested Returns

CCL Industries secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16 % return per unit of return volatility over the last 3 months. CCL Industries exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CCL Industries' Standard Deviation of 1.02, mean deviation of 0.5559, and Variance of 1.04 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CCL Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding CCL Industries is expected to be smaller as well. At this point, CCL Industries has a negative expected return of -0.16%. Please make sure to confirm CCL Industries' variance, jensen alpha, value at risk, as well as the relationship between the information ratio and maximum drawdown , to decide if CCL Industries performance from the past will be repeated in the future.

Auto-correlation

    
  -0.89  

Excellent reverse predictability

CCL Industries has excellent reverse predictability. Overlapping area represents the amount of predictability between CCL Industries time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th of February 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 CCL Industries price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current CCL Industries price fluctuation can be explain by its past prices.
Correlation Coefficient-0.89
Spearman Rank Test-0.87
Residual Average0.0
Price Variance0.06

CCL Industries lagged returns against current returns

Autocorrelation, which is CCL Industries 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 CCL Industries' stock expected returns. We can calculate the autocorrelation of CCL Industries returns to help us make a trade decision. For example, suppose you find that CCL Industries 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  

CCL Industries 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 CCL Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CCL Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CCL Industries stock over time.
   Current vs Lagged Prices   
       Timeline  

CCL Industries Lagged Returns

When evaluating CCL Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CCL Industries stock have on its future price. CCL Industries 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, CCL Industries autocorrelation shows the relationship between CCL Industries stock current value and its past values and can show if there is a momentum factor associated with investing in CCL Industries.
   Regressed Prices   
       Timeline  

Pair Trading with CCL Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CCL Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CCL Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against CCL Stock

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The ability to find closely correlated positions to CCL Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CCL Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CCL Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CCL Industries to buy it.
The correlation of CCL Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CCL Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CCL Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CCL Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for CCL Stock Analysis

When running CCL Industries' price analysis, check to measure CCL Industries' 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 CCL Industries is operating at the current time. Most of CCL Industries' value examination focuses on studying past and present price action to predict the probability of CCL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCL Industries' price. Additionally, you may evaluate how the addition of CCL Industries to your portfolios can decrease your overall portfolio volatility.