Codex Acquisitions (UK) Market Value
| CODX Stock | 0.06 0.00 0.00% |
| Symbol | Codex |
Codex Acquisitions '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 Codex Acquisitions' 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 Codex Acquisitions.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Codex Acquisitions on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Codex Acquisitions PLC or generate 0.0% return on investment in Codex Acquisitions over 60 days. Codex Acquisitions is related to or competes with Samsung Electronics, Samsung Electronics, Toyota, Hon Hai, National Atomic, Reliance Industries, and Ricoh Co. Codex Acquisitions is entity of United Kingdom More
Codex Acquisitions 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 Codex Acquisitions' 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 Codex Acquisitions PLC upside and downside potential and time the market with a certain degree of confidence.
Codex Acquisitions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Codex Acquisitions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Codex Acquisitions' standard deviation. In reality, there are many statistical measures that can use Codex Acquisitions historical prices to predict the future Codex Acquisitions' volatility.Codex Acquisitions PLC Backtested Returns
We have found three technical indicators for Codex Acquisitions PLC, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Codex Acquisitions are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Codex Acquisitions PLC has no correlation between past and present. Overlapping area represents the amount of predictability between Codex Acquisitions time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 Codex Acquisitions PLC price movement. The serial correlation of 0.0 indicates that just 0.0% of current Codex Acquisitions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Codex Acquisitions PLC lagged returns against current returns
Autocorrelation, which is Codex Acquisitions 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 Codex Acquisitions' stock expected returns. We can calculate the autocorrelation of Codex Acquisitions returns to help us make a trade decision. For example, suppose you find that Codex Acquisitions 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 |
Codex Acquisitions 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 Codex Acquisitions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Codex Acquisitions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Codex Acquisitions stock over time.
Current vs Lagged Prices |
| Timeline |
Codex Acquisitions Lagged Returns
When evaluating Codex Acquisitions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Codex Acquisitions stock have on its future price. Codex Acquisitions 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, Codex Acquisitions autocorrelation shows the relationship between Codex Acquisitions stock current value and its past values and can show if there is a momentum factor associated with investing in Codex Acquisitions PLC.
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 Codex Stock Analysis
When running Codex Acquisitions' price analysis, check to measure Codex Acquisitions' 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 Codex Acquisitions is operating at the current time. Most of Codex Acquisitions' value examination focuses on studying past and present price action to predict the probability of Codex Acquisitions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codex Acquisitions' price. Additionally, you may evaluate how the addition of Codex Acquisitions to your portfolios can decrease your overall portfolio volatility.