COMPUGROUP MEDSPADR (Germany) Market Value
| COPA Stock | EUR 22.40 0.20 0.88% |
| Symbol | COMPUGROUP |
COMPUGROUP MEDSPADR '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 COMPUGROUP MEDSPADR'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 COMPUGROUP MEDSPADR.
| 11/01/2024 |
| 01/30/2025 |
If you would invest 0.00 in COMPUGROUP MEDSPADR on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding COMPUGROUP MEDSPADR 1 or generate 0.0% return on investment in COMPUGROUP MEDSPADR over 90 days. COMPUGROUP MEDSPADR is related to or competes with Veeva Systems, Teladoc, Evolent Health, CompuGroup Medical, and Compugroup Medical. KGaA develops and sells software and information technology solutions for the healthcare sector worldwide More
COMPUGROUP MEDSPADR 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 COMPUGROUP MEDSPADR'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 COMPUGROUP MEDSPADR 1 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.04 | |||
| Information Ratio | 0.139 | |||
| Maximum Drawdown | 47.56 | |||
| Value At Risk | (5.45) | |||
| Potential Upside | 10.6 |
COMPUGROUP MEDSPADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COMPUGROUP MEDSPADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COMPUGROUP MEDSPADR's standard deviation. In reality, there are many statistical measures that can use COMPUGROUP MEDSPADR historical prices to predict the future COMPUGROUP MEDSPADR's volatility.| Risk Adjusted Performance | 0.1362 | |||
| Jensen Alpha | 0.9761 | |||
| Total Risk Alpha | 0.4032 | |||
| Sortino Ratio | 0.1821 | |||
| Treynor Ratio | 4.67 |
COMPUGROUP MEDSPADR Backtested Returns
COMPUGROUP MEDSPADR is somewhat reliable given 3 months investment horizon. COMPUGROUP MEDSPADR secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.08% are justified by taking the suggested risk. Use COMPUGROUP MEDSPADR mean deviation of 3.35, and Risk Adjusted Performance of 0.1362 to evaluate company specific risk that cannot be diversified away. COMPUGROUP MEDSPADR holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, COMPUGROUP MEDSPADR's returns are expected to increase less than the market. However, during the bear market, the loss of holding COMPUGROUP MEDSPADR is expected to be smaller as well. Use COMPUGROUP MEDSPADR jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to analyze future returns on COMPUGROUP MEDSPADR.
Auto-correlation | 0.76 |
Good predictability
COMPUGROUP MEDSPADR 1 has good predictability. Overlapping area represents the amount of predictability between COMPUGROUP MEDSPADR time series from 1st of November 2024 to 16th of December 2024 and 16th of December 2024 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of COMPUGROUP MEDSPADR price movement. The serial correlation of 0.76 indicates that around 76.0% of current COMPUGROUP MEDSPADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
COMPUGROUP MEDSPADR lagged returns against current returns
Autocorrelation, which is COMPUGROUP MEDSPADR 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 COMPUGROUP MEDSPADR's stock expected returns. We can calculate the autocorrelation of COMPUGROUP MEDSPADR returns to help us make a trade decision. For example, suppose you find that COMPUGROUP MEDSPADR 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 |
COMPUGROUP MEDSPADR 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 COMPUGROUP MEDSPADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COMPUGROUP MEDSPADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COMPUGROUP MEDSPADR stock over time.
Current vs Lagged Prices |
| Timeline |
COMPUGROUP MEDSPADR Lagged Returns
When evaluating COMPUGROUP MEDSPADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COMPUGROUP MEDSPADR stock have on its future price. COMPUGROUP MEDSPADR 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, COMPUGROUP MEDSPADR autocorrelation shows the relationship between COMPUGROUP MEDSPADR stock current value and its past values and can show if there is a momentum factor associated with investing in COMPUGROUP MEDSPADR 1.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in COMPUGROUP Stock
COMPUGROUP MEDSPADR financial ratios help investors to determine whether COMPUGROUP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in COMPUGROUP with respect to the benefits of owning COMPUGROUP MEDSPADR security.