COUSINS PTIES (Germany) Market Value
| CPZ1 Stock | EUR 29.80 0.20 0.67% |
| Symbol | COUSINS |
COUSINS PTIES '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 COUSINS PTIES'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 COUSINS PTIES.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in COUSINS PTIES on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding COUSINS PTIES INC or generate 0.0% return on investment in COUSINS PTIES over 30 days. COUSINS PTIES is related to or competes with REVO INSURANCE, CHIBA BANK, Commonwealth Bank, Heartland Financial, Zijin Mining, and Hanover Insurance. Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust More
COUSINS PTIES 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 COUSINS PTIES'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 COUSINS PTIES INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.0994 | |||
| Maximum Drawdown | 5.04 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 2.32 |
COUSINS PTIES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COUSINS PTIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COUSINS PTIES's standard deviation. In reality, there are many statistical measures that can use COUSINS PTIES historical prices to predict the future COUSINS PTIES's volatility.| Risk Adjusted Performance | 0.168 | |||
| Jensen Alpha | 0.22 | |||
| Total Risk Alpha | 0.0474 | |||
| Sortino Ratio | 0.0851 | |||
| Treynor Ratio | 1.21 |
COUSINS PTIES INC Backtested Returns
COUSINS PTIES appears to be very steady, given 3 months investment horizon. COUSINS PTIES INC secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of volatility over the last 3 months. We have found thirty technical indicators for COUSINS PTIES INC, which you can use to evaluate the volatility of the firm. Please makes use of COUSINS PTIES's mean deviation of 0.9208, and Risk Adjusted Performance of 0.168 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, COUSINS PTIES holds a performance score of 16. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, COUSINS PTIES's returns are expected to increase less than the market. However, during the bear market, the loss of holding COUSINS PTIES is expected to be smaller as well. Please check COUSINS PTIES's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether COUSINS PTIES's price patterns will revert.
Auto-correlation | 0.90 |
Excellent predictability
COUSINS PTIES INC has excellent predictability. Overlapping area represents the amount of predictability between COUSINS PTIES time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 COUSINS PTIES INC price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current COUSINS PTIES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
COUSINS PTIES INC lagged returns against current returns
Autocorrelation, which is COUSINS PTIES 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 COUSINS PTIES's stock expected returns. We can calculate the autocorrelation of COUSINS PTIES returns to help us make a trade decision. For example, suppose you find that COUSINS PTIES 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 |
COUSINS PTIES 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 COUSINS PTIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COUSINS PTIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COUSINS PTIES stock over time.
Current vs Lagged Prices |
| Timeline |
COUSINS PTIES Lagged Returns
When evaluating COUSINS PTIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COUSINS PTIES stock have on its future price. COUSINS PTIES 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, COUSINS PTIES autocorrelation shows the relationship between COUSINS PTIES stock current value and its past values and can show if there is a momentum factor associated with investing in COUSINS PTIES INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in COUSINS Stock
COUSINS PTIES financial ratios help investors to determine whether COUSINS 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 COUSINS with respect to the benefits of owning COUSINS PTIES security.