COSUMAR (Morocco) Market Value
COSUMAR Stock | 206.60 1.35 0.65% |
Symbol | COSUMAR |
COSUMAR '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 COSUMAR'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 COSUMAR.
01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in COSUMAR on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding COSUMAR or generate 0.0% return on investment in COSUMAR over 30 days.
COSUMAR 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 COSUMAR'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 COSUMAR upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.18 | |||
Information Ratio | (0.01) | |||
Maximum Drawdown | 6.75 | |||
Value At Risk | (1.93) | |||
Potential Upside | 2.73 |
COSUMAR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COSUMAR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COSUMAR's standard deviation. In reality, there are many statistical measures that can use COSUMAR historical prices to predict the future COSUMAR's volatility.Risk Adjusted Performance | 0.0577 | |||
Jensen Alpha | 0.0749 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 1.63 |
COSUMAR Backtested Returns
Currently, COSUMAR is very steady. COSUMAR secures Sharpe Ratio (or Efficiency) of 0.0659, which signifies that the company had a 0.0659 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for COSUMAR, which you can use to evaluate the volatility of the firm. Please confirm COSUMAR's mean deviation of 0.9889, and Risk Adjusted Performance of 0.0577 to double-check if the risk estimate we provide is consistent with the expected return of 0.0919%. COSUMAR has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0486, which signifies not very significant fluctuations relative to the market. As returns on the market increase, COSUMAR's returns are expected to increase less than the market. However, during the bear market, the loss of holding COSUMAR is expected to be smaller as well. COSUMAR currently shows a risk of 1.39%. Please confirm COSUMAR value at risk, as well as the relationship between the skewness and day median price , to decide if COSUMAR will be following its price patterns.
Auto-correlation | 0.11 |
Insignificant predictability
COSUMAR has insignificant predictability. Overlapping area represents the amount of predictability between COSUMAR time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st 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 COSUMAR price movement. The serial correlation of 0.11 indicates that less than 11.0% of current COSUMAR price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.11 | |
Spearman Rank Test | -0.33 | |
Residual Average | 0.0 | |
Price Variance | 12.19 |
COSUMAR lagged returns against current returns
Autocorrelation, which is COSUMAR 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 COSUMAR's stock expected returns. We can calculate the autocorrelation of COSUMAR returns to help us make a trade decision. For example, suppose you find that COSUMAR 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 |
COSUMAR 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 COSUMAR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COSUMAR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COSUMAR stock over time.
Current vs Lagged Prices |
Timeline |
COSUMAR Lagged Returns
When evaluating COSUMAR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COSUMAR stock have on its future price. COSUMAR 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, COSUMAR autocorrelation shows the relationship between COSUMAR stock current value and its past values and can show if there is a momentum factor associated with investing in COSUMAR.
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 COSUMAR Stock Analysis
When running COSUMAR's price analysis, check to measure COSUMAR'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 COSUMAR is operating at the current time. Most of COSUMAR's value examination focuses on studying past and present price action to predict the probability of COSUMAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COSUMAR's price. Additionally, you may evaluate how the addition of COSUMAR to your portfolios can decrease your overall portfolio volatility.