Cass Saddle (Zimbabwe) Market Value
| CSAG Stock | 3.79 0.49 14.85% |
| Symbol | Cass |
Cass Saddle '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 Cass Saddle'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 Cass Saddle.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Cass Saddle on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Cass Saddle Agriculture or generate 0.0% return on investment in Cass Saddle over 30 days.
Cass Saddle 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 Cass Saddle'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 Cass Saddle Agriculture upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1292 | |||
| Maximum Drawdown | 19.35 | |||
| Potential Upside | 8.7 |
Cass Saddle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cass Saddle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cass Saddle's standard deviation. In reality, there are many statistical measures that can use Cass Saddle historical prices to predict the future Cass Saddle's volatility.| Risk Adjusted Performance | 0.1323 | |||
| Jensen Alpha | 0.601 | |||
| Total Risk Alpha | 0.0343 | |||
| Treynor Ratio | 13.07 |
Cass Saddle Agriculture Backtested Returns
Cass Saddle appears to be relatively risky, given 3 months investment horizon. Cass Saddle Agriculture secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. By analyzing Cass Saddle's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please makes use of Cass Saddle's Risk Adjusted Performance of 0.1323, mean deviation of 1.71, and Standard Deviation of 3.8 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cass Saddle holds a performance score of 15. The firm shows a Beta (market volatility) of 0.0464, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cass Saddle's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cass Saddle is expected to be smaller as well. Please check Cass Saddle's total risk alpha, skewness, accumulation distribution, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Cass Saddle's price patterns will revert.
Auto-correlation | -92,233,720,368,547,760 |
Near perfect reversele predictability
Cass Saddle Agriculture has near perfect reversele predictability. Overlapping area represents the amount of predictability between Cass Saddle time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Cass Saddle Agriculture price movement. The serial correlation of -9.223372036854776E16 indicates that 9.223372036854776E16% of current Cass Saddle price fluctuation can be explain by its past prices.
| Correlation Coefficient | -92233.7 T | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Cass Saddle Agriculture lagged returns against current returns
Autocorrelation, which is Cass Saddle 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 Cass Saddle's stock expected returns. We can calculate the autocorrelation of Cass Saddle returns to help us make a trade decision. For example, suppose you find that Cass Saddle 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 |
Cass Saddle 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 Cass Saddle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cass Saddle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cass Saddle stock over time.
Current vs Lagged Prices |
| Timeline |
Cass Saddle Lagged Returns
When evaluating Cass Saddle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cass Saddle stock have on its future price. Cass Saddle 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, Cass Saddle autocorrelation shows the relationship between Cass Saddle stock current value and its past values and can show if there is a momentum factor associated with investing in Cass Saddle Agriculture.
Regressed Prices |
| Timeline |
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When running Cass Saddle's price analysis, check to measure Cass Saddle'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 Cass Saddle is operating at the current time. Most of Cass Saddle's value examination focuses on studying past and present price action to predict the probability of Cass Saddle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cass Saddle's price. Additionally, you may evaluate how the addition of Cass Saddle to your portfolios can decrease your overall portfolio volatility.