Charter Hall (Australia) Market Value
| CLW Stock | 4.04 0.04 0.98% |
| Symbol | Charter |
Charter Hall '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 Charter Hall'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 Charter Hall.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Charter Hall on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Charter Hall Long or generate 0.0% return on investment in Charter Hall over 30 days. Charter Hall is related to or competes with Aurelia Metals, Regal Funds, Centaurus Metals, Australian Unity, and 29Metals. Charter Hall is entity of Australia. It is traded as Stock on AU exchange. More
Charter Hall 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 Charter Hall'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 Charter Hall Long upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.61 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 1.71 |
Charter Hall Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Charter Hall's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Charter Hall's standard deviation. In reality, there are many statistical measures that can use Charter Hall historical prices to predict the future Charter Hall's volatility.| Risk Adjusted Performance | 0.0638 | |||
| Jensen Alpha | 0.0578 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.5153 |
Charter Hall Long Backtested Returns
Currently, Charter Hall Long is somewhat reliable. Charter Hall Long secures Sharpe Ratio (or Efficiency) of 0.0723, which signifies that the company had a 0.0723% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Charter Hall Long, which you can use to evaluate the volatility of the firm. Please confirm Charter Hall's mean deviation of 0.8383, and Risk Adjusted Performance of 0.0638 to double-check if the risk estimate we provide is consistent with the expected return of 0.0789%. Charter Hall has a performance score of 5 on a scale of 0 to 100. 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, Charter Hall's returns are expected to increase less than the market. However, during the bear market, the loss of holding Charter Hall is expected to be smaller as well. Charter Hall Long right now shows a risk of 1.09%. Please confirm Charter Hall Long market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Charter Hall Long will be following its price patterns.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Charter Hall Long has insignificant reverse predictability. Overlapping area represents the amount of predictability between Charter Hall time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Charter Hall Long price movement. The serial correlation of -0.17 indicates that over 17.0% of current Charter Hall price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Charter Hall Long lagged returns against current returns
Autocorrelation, which is Charter Hall 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 Charter Hall's stock expected returns. We can calculate the autocorrelation of Charter Hall returns to help us make a trade decision. For example, suppose you find that Charter Hall 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 |
Charter Hall 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 Charter Hall stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Charter Hall stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Charter Hall stock over time.
Current vs Lagged Prices |
| Timeline |
Charter Hall Lagged Returns
When evaluating Charter Hall's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Charter Hall stock have on its future price. Charter Hall 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, Charter Hall autocorrelation shows the relationship between Charter Hall stock current value and its past values and can show if there is a momentum factor associated with investing in Charter Hall Long.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Charter Stock Analysis
When running Charter Hall's price analysis, check to measure Charter Hall'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 Charter Hall is operating at the current time. Most of Charter Hall's value examination focuses on studying past and present price action to predict the probability of Charter Hall's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charter Hall's price. Additionally, you may evaluate how the addition of Charter Hall to your portfolios can decrease your overall portfolio volatility.