Commerzbank Ag Pk Stock Market Value
| CRZBY Stock | USD 15.30 0.63 3.95% |
| Symbol | Commerzbank |
Commerzbank '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 Commerzbank's pink sheet 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 Commerzbank.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Commerzbank on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Commerzbank AG PK or generate 0.0% return on investment in Commerzbank over 30 days. Commerzbank is related to or competes with PSB Holdings, and United Overseas. Commerzbank AG provides banking and capital market services to private and small business customers, multinational group... More
Commerzbank 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 Commerzbank's pink sheet 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 Commerzbank AG PK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.07 | |||
| Information Ratio | 0.0199 | |||
| Maximum Drawdown | 22.28 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 2.73 |
Commerzbank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commerzbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Commerzbank's standard deviation. In reality, there are many statistical measures that can use Commerzbank historical prices to predict the future Commerzbank's volatility.| Risk Adjusted Performance | 0.0585 | |||
| Jensen Alpha | 0.1803 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0267 | |||
| Treynor Ratio | (5.17) |
Commerzbank AG PK Backtested Returns
At this stage we consider Commerzbank Pink Sheet to be not too volatile. Commerzbank AG PK secures Sharpe Ratio (or Efficiency) of 0.0332, which signifies that the company had a 0.0332% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Commerzbank AG PK, which you can use to evaluate the volatility of the firm. Please confirm Commerzbank's Mean Deviation of 1.58, risk adjusted performance of 0.0585, and Downside Deviation of 2.07 to double-check if the risk estimate we provide is consistent with the expected return of 0.0962%. Commerzbank has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0341, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Commerzbank are expected to decrease at a much lower rate. During the bear market, Commerzbank is likely to outperform the market. Commerzbank AG PK right now shows a risk of 2.89%. Please confirm Commerzbank AG PK treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if Commerzbank AG PK will be following its price patterns.
Auto-correlation | 0.73 |
Good predictability
Commerzbank AG PK has good predictability. Overlapping area represents the amount of predictability between Commerzbank time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Commerzbank AG PK price movement. The serial correlation of 0.73 indicates that around 73.0% of current Commerzbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Commerzbank AG PK lagged returns against current returns
Autocorrelation, which is Commerzbank pink sheet'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 Commerzbank's pink sheet expected returns. We can calculate the autocorrelation of Commerzbank returns to help us make a trade decision. For example, suppose you find that Commerzbank has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Commerzbank 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 Commerzbank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Commerzbank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Commerzbank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Commerzbank Lagged Returns
When evaluating Commerzbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Commerzbank pink sheet have on its future price. Commerzbank 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, Commerzbank autocorrelation shows the relationship between Commerzbank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Commerzbank AG PK.
Regressed Prices |
| Timeline |
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When running Commerzbank's price analysis, check to measure Commerzbank'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 Commerzbank is operating at the current time. Most of Commerzbank's value examination focuses on studying past and present price action to predict the probability of Commerzbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerzbank's price. Additionally, you may evaluate how the addition of Commerzbank to your portfolios can decrease your overall portfolio volatility.