Compagnie Financiere Richemont Stock Market Value
| CFRUY Stock | USD 17.83 0.07 0.39% |
| Symbol | Compagnie |
Compagnie Financiere '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 Compagnie Financiere's pink sheet 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 Compagnie Financiere.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in Compagnie Financiere on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding Compagnie Financiere Richemont or generate 0.0% return on investment in Compagnie Financiere over 30 days. Compagnie Financiere is related to or competes with Chow Tai, Christian Dior, Kering SA, Christian Dior, Kering SA, Burberry Group, and Swatch Group. Compagnie Financire Richemont SA engages in the luxury goods business in Europe, the Middle East, Africa, Asia, and the ... More
Compagnie Financiere 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 Compagnie Financiere's pink sheet 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 Compagnie Financiere Richemont upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | 0.0936 | |||
| Maximum Drawdown | 9.21 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.94 |
Compagnie Financiere Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compagnie Financiere's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compagnie Financiere's standard deviation. In reality, there are many statistical measures that can use Compagnie Financiere historical prices to predict the future Compagnie Financiere's volatility.| Risk Adjusted Performance | 0.0944 | |||
| Jensen Alpha | 0.2803 | |||
| Total Risk Alpha | 0.2061 | |||
| Sortino Ratio | 0.1426 | |||
| Treynor Ratio | (0.46) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Compagnie Financiere'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.
Compagnie Financiere Backtested Returns
Compagnie Financiere appears to be somewhat reliable, given 3 months investment horizon. Compagnie Financiere 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 have found twenty-nine technical indicators for Compagnie Financiere Richemont, which you can use to evaluate the volatility of the firm. Please makes use of Compagnie Financiere's Downside Deviation of 1.75, risk adjusted performance of 0.0944, and Mean Deviation of 1.37 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Compagnie Financiere holds a performance score of 10. The firm shows a Beta (market volatility) of -0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Compagnie Financiere are expected to decrease at a much lower rate. During the bear market, Compagnie Financiere is likely to outperform the market. Please check Compagnie Financiere's treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Compagnie Financiere's price patterns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
Compagnie Financiere Richemont has weak reverse predictability. Overlapping area represents the amount of predictability between Compagnie Financiere time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th 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 Compagnie Financiere price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Compagnie Financiere price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 1.09 |
Compagnie Financiere lagged returns against current returns
Autocorrelation, which is Compagnie Financiere pink sheet'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 Compagnie Financiere's pink sheet expected returns. We can calculate the autocorrelation of Compagnie Financiere returns to help us make a trade decision. For example, suppose you find that Compagnie Financiere has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Compagnie Financiere 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 Compagnie Financiere pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compagnie Financiere pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compagnie Financiere pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Compagnie Financiere Lagged Returns
When evaluating Compagnie Financiere's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compagnie Financiere pink sheet have on its future price. Compagnie Financiere 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, Compagnie Financiere autocorrelation shows the relationship between Compagnie Financiere pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Compagnie Financiere Richemont.
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 Compagnie Pink Sheet Analysis
When running Compagnie Financiere's price analysis, check to measure Compagnie Financiere'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 Compagnie Financiere is operating at the current time. Most of Compagnie Financiere's value examination focuses on studying past and present price action to predict the probability of Compagnie Financiere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compagnie Financiere's price. Additionally, you may evaluate how the addition of Compagnie Financiere to your portfolios can decrease your overall portfolio volatility.