CANON MARKETING (Germany) Market Value
| CNJ Stock | EUR 29.60 0.40 1.37% |
| Symbol | CANON |
CANON MARKETING '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 CANON MARKETING'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 CANON MARKETING.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in CANON MARKETING on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding CANON MARKETING JP or generate 0.0% return on investment in CANON MARKETING over 690 days. CANON MARKETING is related to or competes with Apple, Apple, Microsoft, and Microsoft. More
CANON MARKETING 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 CANON MARKETING'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 CANON MARKETING JP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.47 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.62 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 2.76 |
CANON MARKETING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CANON MARKETING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CANON MARKETING's standard deviation. In reality, there are many statistical measures that can use CANON MARKETING historical prices to predict the future CANON MARKETING's volatility.| Risk Adjusted Performance | 0.0674 | |||
| Jensen Alpha | 0.104 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 6.74 |
CANON MARKETING JP Backtested Returns
Currently, CANON MARKETING JP is very steady. CANON MARKETING JP secures Sharpe Ratio (or Efficiency) of 0.075, which signifies that the company had a 0.075% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for CANON MARKETING JP, which you can use to evaluate the volatility of the entity. Please confirm CANON MARKETING's Semi Deviation of 1.08, mean deviation of 1.1, and Coefficient Of Variation of 1217.39 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. CANON MARKETING has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0157, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CANON MARKETING's returns are expected to increase less than the market. However, during the bear market, the loss of holding CANON MARKETING is expected to be smaller as well. CANON MARKETING JP at this time shows a risk of 1.42%. Please confirm CANON MARKETING JP jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if CANON MARKETING JP will be following its price patterns.
Auto-correlation | 0.44 |
Average predictability
CANON MARKETING JP has average predictability. Overlapping area represents the amount of predictability between CANON MARKETING time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 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 CANON MARKETING JP price movement. The serial correlation of 0.44 indicates that just about 44.0% of current CANON MARKETING price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 1.67 |
CANON MARKETING JP lagged returns against current returns
Autocorrelation, which is CANON MARKETING 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 CANON MARKETING's stock expected returns. We can calculate the autocorrelation of CANON MARKETING returns to help us make a trade decision. For example, suppose you find that CANON MARKETING 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 |
CANON MARKETING 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 CANON MARKETING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CANON MARKETING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CANON MARKETING stock over time.
Current vs Lagged Prices |
| Timeline |
CANON MARKETING Lagged Returns
When evaluating CANON MARKETING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CANON MARKETING stock have on its future price. CANON MARKETING 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, CANON MARKETING autocorrelation shows the relationship between CANON MARKETING stock current value and its past values and can show if there is a momentum factor associated with investing in CANON MARKETING JP.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for CANON Stock Analysis
When running CANON MARKETING's price analysis, check to measure CANON MARKETING'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 CANON MARKETING is operating at the current time. Most of CANON MARKETING's value examination focuses on studying past and present price action to predict the probability of CANON MARKETING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CANON MARKETING's price. Additionally, you may evaluate how the addition of CANON MARKETING to your portfolios can decrease your overall portfolio volatility.