Carters (Brazil) Market Value
| CRIN34 Stock | BRL 150.05 0.00 0.00% |
| Symbol | Carters |
Carters '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 Carters' 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 Carters.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Carters on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Carters or generate 0.0% return on investment in Carters over 90 days. Carters is related to or competes with Tyson Foods, Tres Tentos, Metalurgica Gerdau, Ameriprise Financial, METISA Metalrgica, and Costco Wholesale. Carters, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carters, Os... More
Carters 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 Carters' 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 Carters upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 24.79 | |||
| Value At Risk | (0.69) |
Carters Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carters' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carters' standard deviation. In reality, there are many statistical measures that can use Carters historical prices to predict the future Carters' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 0.4013 |
Carters Backtested Returns
Carters secures Sharpe Ratio (or Efficiency) of -0.0768, which signifies that the company had a -0.0768% return per unit of risk over the last 3 months. Carters exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carters' Standard Deviation of 2.31, risk adjusted performance of (0.04), and Mean Deviation of 0.6486 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Carters are expected to decrease at a much lower rate. During the bear market, Carters is likely to outperform the market. At this point, Carters has a negative expected return of -0.19%. Please make sure to confirm Carters' value at risk, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Carters performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Carters has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Carters time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 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 Carters price movement. The serial correlation of -0.78 indicates that around 78.0% of current Carters price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 304.64 |
Carters lagged returns against current returns
Autocorrelation, which is Carters 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 Carters' stock expected returns. We can calculate the autocorrelation of Carters returns to help us make a trade decision. For example, suppose you find that Carters 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 |
Carters 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 Carters stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carters stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carters stock over time.
Current vs Lagged Prices |
| Timeline |
Carters Lagged Returns
When evaluating Carters' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carters stock have on its future price. Carters 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, Carters autocorrelation shows the relationship between Carters stock current value and its past values and can show if there is a momentum factor associated with investing in Carters.
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 Information and Resources on Investing in Carters Stock
When determining whether Carters offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Carters' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Carters Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Carters Stock:Check out Carters Correlation, Carters Volatility and Carters Alpha and Beta module to complement your research on Carters. For information on how to trade Carters Stock refer to our How to Trade Carters Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Carters technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.