Creepy Jar (Poland) Market Value
| CRJ Stock | 270.00 6.00 2.27% |
| Symbol | Creepy |
Creepy Jar '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 Creepy Jar'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 Creepy Jar.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Creepy Jar on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Creepy Jar SA or generate 0.0% return on investment in Creepy Jar over 180 days.
Creepy Jar 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 Creepy Jar'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 Creepy Jar SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 25.4 | |||
| Value At Risk | (4.16) | |||
| Potential Upside | 3.69 |
Creepy Jar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Creepy Jar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Creepy Jar's standard deviation. In reality, there are many statistical measures that can use Creepy Jar historical prices to predict the future Creepy Jar's volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (0.94) | |||
| Total Risk Alpha | (1.46) | |||
| Treynor Ratio | (4.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Creepy Jar's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Creepy Jar SA Backtested Returns
Creepy Jar SA secures Sharpe Ratio (or Efficiency) of -0.23, which signifies that the company had a -0.23% return per unit of standard deviation over the last 3 months. Creepy Jar SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Creepy Jar's mean deviation of 1.95, and Risk Adjusted Performance of (0.20) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Creepy Jar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Creepy Jar is expected to be smaller as well. At this point, Creepy Jar SA has a negative expected return of -0.74%. Please make sure to confirm Creepy Jar's jensen alpha, accumulation distribution, relative strength index, as well as the relationship between the value at risk and day typical price , to decide if Creepy Jar SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Creepy Jar SA has average predictability. Overlapping area represents the amount of predictability between Creepy Jar time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 Creepy Jar SA price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Creepy Jar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 2565.27 |
Creepy Jar SA lagged returns against current returns
Autocorrelation, which is Creepy Jar 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 Creepy Jar's stock expected returns. We can calculate the autocorrelation of Creepy Jar returns to help us make a trade decision. For example, suppose you find that Creepy Jar 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 |
Creepy Jar 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 Creepy Jar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Creepy Jar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Creepy Jar stock over time.
Current vs Lagged Prices |
| Timeline |
Creepy Jar Lagged Returns
When evaluating Creepy Jar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Creepy Jar stock have on its future price. Creepy Jar 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, Creepy Jar autocorrelation shows the relationship between Creepy Jar stock current value and its past values and can show if there is a momentum factor associated with investing in Creepy Jar SA.
Regressed Prices |
| Timeline |
Pair Trading with Creepy Jar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Creepy Jar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Creepy Jar will appreciate offsetting losses from the drop in the long position's value.Moving together with Creepy Stock
Moving against Creepy Stock
| 0.82 | DNP | Dino Polska SA | PairCorr |
| 0.75 | CEZ | CEZ as | PairCorr |
| 0.54 | UCG | UniCredit SpA | PairCorr |
| 0.48 | SAN | Banco Santander SA | PairCorr |
The ability to find closely correlated positions to Creepy Jar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Creepy Jar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Creepy Jar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Creepy Jar SA to buy it.
The correlation of Creepy Jar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Creepy Jar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Creepy Jar SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Creepy Jar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Creepy Stock Analysis
When running Creepy Jar's price analysis, check to measure Creepy Jar'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 Creepy Jar is operating at the current time. Most of Creepy Jar's value examination focuses on studying past and present price action to predict the probability of Creepy Jar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creepy Jar's price. Additionally, you may evaluate how the addition of Creepy Jar to your portfolios can decrease your overall portfolio volatility.