Cemat AS (Denmark) Market Value
| CEMAT Stock | DKK 1.04 0.01 0.95% |
| Symbol | Cemat |
Cemat AS '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 Cemat AS'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 Cemat AS.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Cemat AS on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Cemat AS or generate 0.0% return on investment in Cemat AS over 30 days. Cemat AS is related to or competes with BioPorto, Agat Ejendomme, and PF Atlantic. Cemat AS engages in the operation, development, and sales of the Polish property company CeMat 70 S.A More
Cemat AS 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 Cemat AS'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 Cemat AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.96 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.07 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 3.67 |
Cemat AS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cemat AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cemat AS's standard deviation. In reality, there are many statistical measures that can use Cemat AS historical prices to predict the future Cemat AS's volatility.| Risk Adjusted Performance | 0.05 | |||
| Jensen Alpha | 0.1461 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cemat AS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cemat AS Backtested Returns
At this point, Cemat AS is very risky. Cemat AS secures Sharpe Ratio (or Efficiency) of 0.0172, which signifies that the company had a 0.0172% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cemat AS, which you can use to evaluate the volatility of the firm. Please confirm Cemat AS's Risk Adjusted Performance of 0.05, downside deviation of 1.96, and Mean Deviation of 1.23 to double-check if the risk estimate we provide is consistent with the expected return of 0.0287%. Cemat AS has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cemat AS are expected to decrease at a much lower rate. During the bear market, Cemat AS is likely to outperform the market. Cemat AS right now shows a risk of 1.67%. Please confirm Cemat AS accumulation distribution, price action indicator, as well as the relationship between the downside variance and sortino ratio , to decide if Cemat AS will be following its price patterns.
Auto-correlation | 0.11 |
Insignificant predictability
Cemat AS has insignificant predictability. Overlapping area represents the amount of predictability between Cemat AS time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Cemat AS price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Cemat AS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cemat AS lagged returns against current returns
Autocorrelation, which is Cemat AS 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 Cemat AS's stock expected returns. We can calculate the autocorrelation of Cemat AS returns to help us make a trade decision. For example, suppose you find that Cemat AS 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 |
Cemat AS 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 Cemat AS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cemat AS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cemat AS stock over time.
Current vs Lagged Prices |
| Timeline |
Cemat AS Lagged Returns
When evaluating Cemat AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cemat AS stock have on its future price. Cemat AS 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, Cemat AS autocorrelation shows the relationship between Cemat AS stock current value and its past values and can show if there is a momentum factor associated with investing in Cemat AS.
Regressed Prices |
| Timeline |
Other Information on Investing in Cemat Stock
Cemat AS financial ratios help investors to determine whether Cemat 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 Cemat with respect to the benefits of owning Cemat AS security.