The Character Group Stock Market Value
| CGROF Stock | USD 3.26 0.00 0.00% |
| Symbol | Character |
Character Group '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 Character Group'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 Character Group.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Character Group on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding The Character Group or generate 0.0% return on investment in Character Group over 540 days. Character Group is related to or competes with HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, Thrivent High, Via Renewables, and American Century. The Character Group plc designs, develops, and distributes toys, games, and gifts in the United Kingdom and internationa... More
Character Group 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 Character Group'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 The Character Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (3.33) | |||
| Maximum Drawdown | 0.3077 |
Character Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Character Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Character Group's standard deviation. In reality, there are many statistical measures that can use Character Group historical prices to predict the future Character Group's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (1.44) |
Character Group Backtested Returns
At this point, Character Group is very steady. Character Group secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found sixteen technical indicators for The Character Group, which you can use to evaluate the volatility of the firm. Please confirm Character Group's Mean Deviation of 0.0092, coefficient of variation of 812.4, and Risk Adjusted Performance of (0.1) to double-check if the risk estimate we provide is consistent with the expected return of 0.0048%. Character Group has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0037, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Character Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Character Group is expected to be smaller as well. Character Group right now shows a risk of 0.0385%. Please confirm Character Group variance, as well as the relationship between the skewness and day typical price , to decide if Character Group will be following its price patterns.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
The Character Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Character Group time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th 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 Character Group price movement. The serial correlation of -0.74 indicates that around 74.0% of current Character Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Character Group lagged returns against current returns
Autocorrelation, which is Character Group 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 Character Group's pink sheet expected returns. We can calculate the autocorrelation of Character Group returns to help us make a trade decision. For example, suppose you find that Character Group 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 |
Character Group 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 Character Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Character Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Character Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Character Group Lagged Returns
When evaluating Character Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Character Group pink sheet have on its future price. Character Group 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, Character Group autocorrelation shows the relationship between Character Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in The Character Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Character Pink Sheet
Character Group financial ratios help investors to determine whether Character Pink Sheet 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 Character with respect to the benefits of owning Character Group security.