CDW (Germany) Market Value
| CDW Stock | EUR 165.20 1.40 0.84% |
| Symbol | CDW |
CDW '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 CDW'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 CDW.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in CDW on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding CDW Corporation or generate 0.0% return on investment in CDW over 540 days. CDW is related to or competes with AVITA Medical, SCANDMEDICAL SOLDK-040, Cogent Communications, Merit Medical, SAFETY MEDICAL, HEMISPHERE EGY, and Bank of America. CDW Corporation provides integrated information technology solutions to business, government, education, and healthcare ... More
CDW 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 CDW'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 CDW Corporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 14.74 | |||
| Value At Risk | (3.02) | |||
| Potential Upside | 2.17 |
CDW Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CDW's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CDW's standard deviation. In reality, there are many statistical measures that can use CDW historical prices to predict the future CDW's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (1.16) |
CDW Corporation Backtested Returns
CDW Corporation secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of volatility over the last 3 months. CDW Corporation exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CDW's risk adjusted performance of (0.08), and Mean Deviation of 1.37 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, CDW's returns are expected to increase less than the market. However, during the bear market, the loss of holding CDW is expected to be smaller as well. At this point, CDW Corporation has a negative expected return of -0.28%. Please make sure to confirm CDW's daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if CDW Corporation performance from the past will be repeated in the future.
Auto-correlation | -0.9 |
Excellent reverse predictability
CDW Corporation has excellent reverse predictability. Overlapping area represents the amount of predictability between CDW time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 CDW Corporation price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current CDW price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.9 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 245.07 |
CDW Corporation lagged returns against current returns
Autocorrelation, which is CDW 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 CDW's stock expected returns. We can calculate the autocorrelation of CDW returns to help us make a trade decision. For example, suppose you find that CDW 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 |
CDW 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 CDW stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CDW stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CDW stock over time.
Current vs Lagged Prices |
| Timeline |
CDW Lagged Returns
When evaluating CDW's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CDW stock have on its future price. CDW 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, CDW autocorrelation shows the relationship between CDW stock current value and its past values and can show if there is a momentum factor associated with investing in CDW Corporation.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CDW Stock
CDW financial ratios help investors to determine whether CDW 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 CDW with respect to the benefits of owning CDW security.