Computershare (Australia) Market Value
| CPU Stock | 31.05 1.06 3.30% |
| 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 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 Computershare.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Computershare on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Computershare or generate 0.0% return on investment in Computershare over 690 days. Computershare is entity of Australia. It is traded as Stock on AU exchange. 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 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 Computershare upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.0556 | |||
| Maximum Drawdown | 7.5 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 2.16 |
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 | 0.1161 | |||
| Jensen Alpha | 0.1692 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0639 | |||
| Treynor Ratio | 0.8172 |
Computershare Backtested Returns
Currently, Computershare is very steady. Computershare secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Computershare, which you can use to evaluate the volatility of the firm. Please confirm Computershare's Mean Deviation of 1.03, risk adjusted performance of 0.1161, and Downside Deviation of 1.24 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Computershare has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. 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 right now shows a risk of 1.5%. Please confirm Computershare coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Computershare will be following its price patterns.
Auto-correlation | 0.18 |
Very weak predictability
Computershare has very weak predictability. Overlapping area represents the amount of predictability between Computershare 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 Computershare price movement. The serial correlation of 0.18 indicates that over 18.0% of current Computershare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 2.48 |
Computershare lagged returns against current returns
Autocorrelation, which is Computershare 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 Computershare's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Computershare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Computershare stock 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Computershare.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Computershare Stock 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.