Castings PLC (UK) Market Value
| CGS Stock | 272.50 3.50 1.27% |
| Symbol | Castings |
Castings PLC '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 Castings PLC'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 Castings PLC.
| 12/16/2025 |
| 01/15/2026 |
If you would invest 0.00 in Castings PLC on December 16, 2025 and sell it all today you would earn a total of 0.00 from holding Castings PLC or generate 0.0% return on investment in Castings PLC over 30 days. Castings PLC is related to or competes with International Biotechnology, Salesforce, Gruppo MutuiOnline, Lowland Investment, Schroders Investment, FC Investment, and Auto Trader. More
Castings PLC 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 Castings PLC'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 Castings PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.0219 | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.94 |
Castings PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Castings PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Castings PLC's standard deviation. In reality, there are many statistical measures that can use Castings PLC historical prices to predict the future Castings PLC's volatility.| Risk Adjusted Performance | 0.0652 | |||
| Jensen Alpha | 0.1709 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0223 | |||
| Treynor Ratio | (0.93) |
Castings PLC Backtested Returns
At this point, Castings PLC is very steady. Castings PLC secures Sharpe Ratio (or Efficiency) of 0.0833, which signifies that the company had a 0.0833 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Castings PLC, which you can use to evaluate the volatility of the firm. Please confirm Castings PLC's Downside Deviation of 1.92, mean deviation of 1.18, and Risk Adjusted Performance of 0.0652 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Castings PLC has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Castings PLC are expected to decrease at a much lower rate. During the bear market, Castings PLC is likely to outperform the market. Castings PLC right now shows a risk of 1.96%. Please confirm Castings PLC sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Castings PLC will be following its price patterns.
Auto-correlation | 0.51 |
Modest predictability
Castings PLC has modest predictability. Overlapping area represents the amount of predictability between Castings PLC time series from 16th of December 2025 to 31st of December 2025 and 31st of December 2025 to 15th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Castings PLC price movement. The serial correlation of 0.51 indicates that about 51.0% of current Castings PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 3.89 |
Castings PLC lagged returns against current returns
Autocorrelation, which is Castings PLC 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 Castings PLC's stock expected returns. We can calculate the autocorrelation of Castings PLC returns to help us make a trade decision. For example, suppose you find that Castings PLC 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 |
Castings PLC 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 Castings PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Castings PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Castings PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Castings PLC Lagged Returns
When evaluating Castings PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Castings PLC stock have on its future price. Castings PLC 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, Castings PLC autocorrelation shows the relationship between Castings PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Castings PLC.
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.Other Information on Investing in Castings Stock
Castings PLC financial ratios help investors to determine whether Castings 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 Castings with respect to the benefits of owning Castings PLC security.