Collins Foods (Australia) Market Value
| CKF Stock | 8.44 0.05 0.60% |
| Symbol | Collins |
Collins Foods '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 Collins Foods' 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 Collins Foods.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Collins Foods on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Collins Foods or generate 0.0% return on investment in Collins Foods over 30 days. Collins Foods is related to or competes with Australian Agricultural, Super Retail, ABACUS STORAGE, Qbe Insurance, and MotorCycle Holdings. More
Collins Foods 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 Collins Foods' 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 Collins Foods upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.0225 | |||
| Maximum Drawdown | 7.65 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.28 |
Collins Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Collins Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Collins Foods' standard deviation. In reality, there are many statistical measures that can use Collins Foods historical prices to predict the future Collins Foods' volatility.| Risk Adjusted Performance | 0.1029 | |||
| Jensen Alpha | 0.1071 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0199 | |||
| Treynor Ratio | 0.4336 |
Collins Foods Backtested Returns
Currently, Collins Foods is not too volatile. Collins Foods 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 thirty technical indicators for Collins Foods, which you can use to evaluate the volatility of the firm. Please confirm Collins Foods' Risk Adjusted Performance of 0.1029, downside deviation of 1.39, and Mean Deviation of 0.8327 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Collins Foods has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Collins Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Collins Foods is expected to be smaller as well. Collins Foods right now shows a risk of 1.23%. Please confirm Collins Foods coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Collins Foods will be following its price patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
Collins Foods has poor reverse predictability. Overlapping area represents the amount of predictability between Collins Foods time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Collins Foods price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Collins Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Collins Foods lagged returns against current returns
Autocorrelation, which is Collins Foods 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 Collins Foods' stock expected returns. We can calculate the autocorrelation of Collins Foods returns to help us make a trade decision. For example, suppose you find that Collins Foods 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 |
Collins Foods 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 Collins Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Collins Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Collins Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Collins Foods Lagged Returns
When evaluating Collins Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Collins Foods stock have on its future price. Collins Foods 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, Collins Foods autocorrelation shows the relationship between Collins Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Collins Foods.
Regressed Prices |
| Timeline |
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Additional Tools for Collins Stock Analysis
When running Collins Foods' price analysis, check to measure Collins Foods' 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 Collins Foods is operating at the current time. Most of Collins Foods' value examination focuses on studying past and present price action to predict the probability of Collins Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Collins Foods' price. Additionally, you may evaluate how the addition of Collins Foods to your portfolios can decrease your overall portfolio volatility.