Cinis Fertilizer (Sweden) Market Value
| CINIS Stock | 15.52 1.04 7.18% |
| Symbol | Cinis |
Cinis Fertilizer '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 Cinis Fertilizer'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 Cinis Fertilizer.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Cinis Fertilizer on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Cinis Fertilizer AB or generate 0.0% return on investment in Cinis Fertilizer over 30 days. Cinis Fertilizer is related to or competes with SaltX Technology, AcadeMedia, Bio Works, Filo Mining, Qleanair Holding, USWE Sports, and OptiCept Technologies. More
Cinis Fertilizer 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 Cinis Fertilizer'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 Cinis Fertilizer AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 33.2 | |||
| Value At Risk | (7.81) | |||
| Potential Upside | 5.47 |
Cinis Fertilizer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cinis Fertilizer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cinis Fertilizer's standard deviation. In reality, there are many statistical measures that can use Cinis Fertilizer historical prices to predict the future Cinis Fertilizer's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (1.25) | |||
| Treynor Ratio | (3.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cinis Fertilizer'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.
Cinis Fertilizer Backtested Returns
Cinis Fertilizer secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Cinis Fertilizer AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cinis Fertilizer's Mean Deviation of 2.94, standard deviation of 4.91, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cinis Fertilizer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cinis Fertilizer is expected to be smaller as well. At this point, Cinis Fertilizer has a negative expected return of -0.5%. Please make sure to confirm Cinis Fertilizer's information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if Cinis Fertilizer performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Cinis Fertilizer AB has very weak reverse predictability. Overlapping area represents the amount of predictability between Cinis Fertilizer time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Cinis Fertilizer price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Cinis Fertilizer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
Cinis Fertilizer lagged returns against current returns
Autocorrelation, which is Cinis Fertilizer 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 Cinis Fertilizer's stock expected returns. We can calculate the autocorrelation of Cinis Fertilizer returns to help us make a trade decision. For example, suppose you find that Cinis Fertilizer 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 |
Cinis Fertilizer 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 Cinis Fertilizer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cinis Fertilizer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cinis Fertilizer stock over time.
Current vs Lagged Prices |
| Timeline |
Cinis Fertilizer Lagged Returns
When evaluating Cinis Fertilizer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cinis Fertilizer stock have on its future price. Cinis Fertilizer 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, Cinis Fertilizer autocorrelation shows the relationship between Cinis Fertilizer stock current value and its past values and can show if there is a momentum factor associated with investing in Cinis Fertilizer AB.
Regressed Prices |
| Timeline |
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Additional Tools for Cinis Stock Analysis
When running Cinis Fertilizer's price analysis, check to measure Cinis Fertilizer'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 Cinis Fertilizer is operating at the current time. Most of Cinis Fertilizer's value examination focuses on studying past and present price action to predict the probability of Cinis Fertilizer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cinis Fertilizer's price. Additionally, you may evaluate how the addition of Cinis Fertilizer to your portfolios can decrease your overall portfolio volatility.