CPU SOFTWAREHOUSE (Germany) Market Value
| CPU2 Stock | EUR 0.95 0.04 4.40% |
| Symbol | CPU |
CPU SOFTWAREHOUSE '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 CPU SOFTWAREHOUSE'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 CPU SOFTWAREHOUSE.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in CPU SOFTWAREHOUSE on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding CPU SOFTWAREHOUSE or generate 0.0% return on investment in CPU SOFTWAREHOUSE over 180 days. CPU SOFTWAREHOUSE is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
CPU SOFTWAREHOUSE 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 CPU SOFTWAREHOUSE'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 CPU SOFTWAREHOUSE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 32.12 | |||
| Value At Risk | (6.36) | |||
| Potential Upside | 4.17 |
CPU SOFTWAREHOUSE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CPU SOFTWAREHOUSE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CPU SOFTWAREHOUSE's standard deviation. In reality, there are many statistical measures that can use CPU SOFTWAREHOUSE historical prices to predict the future CPU SOFTWAREHOUSE's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | (2.38) |
CPU SOFTWAREHOUSE Backtested Returns
CPU SOFTWAREHOUSE secures Sharpe Ratio (or Efficiency) of -0.0497, which signifies that the company had a -0.0497% return per unit of volatility over the last 3 months. CPU SOFTWAREHOUSE exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CPU SOFTWAREHOUSE's mean deviation of 2.08, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CPU SOFTWAREHOUSE's returns are expected to increase less than the market. However, during the bear market, the loss of holding CPU SOFTWAREHOUSE is expected to be smaller as well. At this point, CPU SOFTWAREHOUSE has a negative expected return of -0.25%. Please make sure to confirm CPU SOFTWAREHOUSE's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if CPU SOFTWAREHOUSE performance from the past will be repeated at future time.
Auto-correlation | 0.04 |
Virtually no predictability
CPU SOFTWAREHOUSE has virtually no predictability. Overlapping area represents the amount of predictability between CPU SOFTWAREHOUSE time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 CPU SOFTWAREHOUSE price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current CPU SOFTWAREHOUSE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CPU SOFTWAREHOUSE lagged returns against current returns
Autocorrelation, which is CPU SOFTWAREHOUSE 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 CPU SOFTWAREHOUSE's stock expected returns. We can calculate the autocorrelation of CPU SOFTWAREHOUSE returns to help us make a trade decision. For example, suppose you find that CPU SOFTWAREHOUSE 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 |
CPU SOFTWAREHOUSE 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 CPU SOFTWAREHOUSE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CPU SOFTWAREHOUSE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CPU SOFTWAREHOUSE stock over time.
Current vs Lagged Prices |
| Timeline |
CPU SOFTWAREHOUSE Lagged Returns
When evaluating CPU SOFTWAREHOUSE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CPU SOFTWAREHOUSE stock have on its future price. CPU SOFTWAREHOUSE 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, CPU SOFTWAREHOUSE autocorrelation shows the relationship between CPU SOFTWAREHOUSE stock current value and its past values and can show if there is a momentum factor associated with investing in CPU SOFTWAREHOUSE.
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.Other Information on Investing in CPU Stock
CPU SOFTWAREHOUSE financial ratios help investors to determine whether CPU 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 CPU with respect to the benefits of owning CPU SOFTWAREHOUSE security.