Computershare Ltd Adr Stock Market Value
| CMSQY Stock | USD 20.65 0.40 1.98% |
| Symbol | Computershare |
Computershare '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 Computershare's pink sheet 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 Computershare.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Computershare on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Computershare Ltd ADR or generate 0.0% return on investment in Computershare over 30 days. Computershare is related to or competes with Evercore Partners, PJT Partners, Moelis, Perella Weinberg, Jefferies Financial, Netcapital, and Applied Blockchain. Computershare Limited provides issuer, employee share plans and voucher, business, communication and utilities, technolo... More
Computershare 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 Computershare's pink sheet 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 Computershare Ltd ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.0054 | |||
| Maximum Drawdown | 11.13 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 2.35 |
Computershare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Computershare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Computershare's standard deviation. In reality, there are many statistical measures that can use Computershare historical prices to predict the future Computershare's volatility.| Risk Adjusted Performance | 0.0606 | |||
| Jensen Alpha | 0.067 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0064 | |||
| Treynor Ratio | 0.2608 |
Computershare ADR Backtested Returns
At this stage we consider Computershare Pink Sheet to be very steady. Computershare ADR secures Sharpe Ratio (or Efficiency) of 0.0822, which signifies that the company had a 0.0822% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Computershare Ltd ADR, which you can use to evaluate the volatility of the firm. Please confirm Computershare's Downside Deviation of 1.37, mean deviation of 1.15, and Risk Adjusted Performance of 0.0606 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Computershare has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Computershare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Computershare is expected to be smaller as well. Computershare ADR right now shows a risk of 1.64%. Please confirm Computershare ADR treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if Computershare ADR will be following its price patterns.
Auto-correlation | 0.70 |
Good predictability
Computershare Ltd ADR has good predictability. Overlapping area represents the amount of predictability between Computershare time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Computershare ADR price movement. The serial correlation of 0.7 indicates that around 70.0% of current Computershare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Computershare ADR lagged returns against current returns
Autocorrelation, which is Computershare pink sheet'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 Computershare's pink sheet expected returns. We can calculate the autocorrelation of Computershare returns to help us make a trade decision. For example, suppose you find that Computershare has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Computershare 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 Computershare pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Computershare pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Computershare pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Computershare Lagged Returns
When evaluating Computershare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Computershare pink sheet have on its future price. Computershare 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, Computershare autocorrelation shows the relationship between Computershare pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Computershare Ltd ADR.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Additional Tools for Computershare Pink Sheet Analysis
When running Computershare's price analysis, check to measure Computershare'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 Computershare is operating at the current time. Most of Computershare's value examination focuses on studying past and present price action to predict the probability of Computershare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Computershare's price. Additionally, you may evaluate how the addition of Computershare to your portfolios can decrease your overall portfolio volatility.