Currys PLC's market value is the price at which a share of Currys PLC trades on a public exchange. It measures the collective expectations of Currys PLC investors about its performance. Currys PLC is trading at 203.00 as of the 2nd of February 2025. This is a 4.91 percent increase since the beginning of the trading day. The stock's lowest day price was 191.0. With this module, you can estimate the performance of a buy and hold strategy of Currys PLC and determine expected loss or profit from investing in Currys PLC over a given investment horizon. Check out Currys PLC Correlation, Currys PLC Volatility and Currys PLC Alpha and Beta module to complement your research on Currys PLC.
Please note, there is a significant difference between Currys PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Currys PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Currys PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Currys PLC '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 Currys PLC'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 Currys PLC.
0.00
01/03/2025
No Change 0.00
0.0
In 31 days
02/02/2025
0.00
If you would invest 0.00 in Currys PLC on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Currys PLC or generate 0.0% return on investment in Currys PLC over 30 days. Currys PLC is related to or competes with Tianjin Capital, OPKO HEALTH, Brockhaus Capital, STEEL DYNAMICS, and Cardinal Health. Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security ... More
Currys PLC 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 Currys PLC'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 Currys PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Currys PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Currys PLC's standard deviation. In reality, there are many statistical measures that can use Currys PLC historical prices to predict the future Currys PLC's volatility.
Currys PLC appears to be very steady, given 3 months investment horizon. Currys PLC secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Currys PLC, which you can use to evaluate the volatility of the firm. Please makes use of Currys PLC's Risk Adjusted Performance of 0.2025, downside deviation of 1.54, and Mean Deviation of 1.51 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Currys PLC holds a performance score of 18. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Currys PLC are expected to decrease at a much lower rate. During the bear market, Currys PLC is likely to outperform the market. Please check Currys PLC's value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to make a quick decision on whether Currys PLC's price patterns will revert.
Auto-correlation
0.39
Below average predictability
Currys PLC has below average predictability. Overlapping area represents the amount of predictability between Currys PLC time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 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 Currys PLC price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Currys PLC price fluctuation can be explain by its past prices.
Correlation Coefficient
0.39
Spearman Rank Test
0.16
Residual Average
0.0
Price Variance
66.75
Currys PLC lagged returns against current returns
Autocorrelation, which is Currys PLC 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 Currys PLC's stock expected returns. We can calculate the autocorrelation of Currys PLC returns to help us make a trade decision. For example, suppose you find that Currys PLC 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
Currys PLC 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 Currys PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Currys PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Currys PLC stock over time.
Current vs Lagged Prices
Timeline
Currys PLC Lagged Returns
When evaluating Currys PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Currys PLC stock have on its future price. Currys PLC 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, Currys PLC autocorrelation shows the relationship between Currys PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Currys PLC.
Currys PLC financial ratios help investors to determine whether Currys 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 Currys with respect to the benefits of owning Currys PLC security.