Comstock Holding (Germany) Market Value
| CHO1 Stock | EUR 7.35 0.50 6.37% |
| Symbol | Comstock |
Comstock Holding '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 Comstock Holding'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 Comstock Holding.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Comstock Holding on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Comstock Holding Companies or generate 0.0% return on investment in Comstock Holding over 30 days. Comstock Holding is related to or competes with GRUPO CARSO, Elmos Semiconductor, Carsales, 24SEVENOFFICE GROUP, Nordic Semiconductor, and TOREX SEMICONDUCTOR. Comstock Holding Companies, Inc. operates as a real estate development and services company primarily in the mid-Atlanti... More
Comstock Holding 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 Comstock Holding'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 Comstock Holding Companies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.14 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 24.41 | |||
| Value At Risk | (7.48) | |||
| Potential Upside | 9.39 |
Comstock Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comstock Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Comstock Holding's standard deviation. In reality, there are many statistical measures that can use Comstock Holding historical prices to predict the future Comstock Holding's volatility.| Risk Adjusted Performance | 0.0132 | |||
| Jensen Alpha | 0.0184 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2783 |
Comstock Holding Com Backtested Returns
At this point, Comstock Holding is moderately volatile. Comstock Holding Com secures Sharpe Ratio (or Efficiency) of 0.0274, which signifies that the company had a 0.0274% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Comstock Holding Companies, which you can use to evaluate the volatility of the firm. Please confirm Comstock Holding's Downside Deviation of 5.14, mean deviation of 4.1, and Risk Adjusted Performance of 0.0132 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Comstock Holding has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0834, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Comstock Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Comstock Holding is expected to be smaller as well. Comstock Holding Com right now shows a risk of 5.21%. Please confirm Comstock Holding Com jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to decide if Comstock Holding Com will be following its price patterns.
Auto-correlation | 0.49 |
Average predictability
Comstock Holding Companies has average predictability. Overlapping area represents the amount of predictability between Comstock Holding time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th of December 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 Comstock Holding Com price movement. The serial correlation of 0.49 indicates that about 49.0% of current Comstock Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Comstock Holding Com lagged returns against current returns
Autocorrelation, which is Comstock Holding 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 Comstock Holding's stock expected returns. We can calculate the autocorrelation of Comstock Holding returns to help us make a trade decision. For example, suppose you find that Comstock Holding 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 |
Comstock Holding 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 Comstock Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Comstock Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Comstock Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Comstock Holding Lagged Returns
When evaluating Comstock Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Comstock Holding stock have on its future price. Comstock Holding 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, Comstock Holding autocorrelation shows the relationship between Comstock Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Comstock Holding Companies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Comstock Stock
When determining whether Comstock Holding Com offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comstock Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comstock Holding Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comstock Holding Companies Stock:Check out Comstock Holding Correlation, Comstock Holding Volatility and Comstock Holding Alpha and Beta module to complement your research on Comstock Holding. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Comstock Holding technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.