Costain Group Plc Stock Market Value

Symbol

Costain

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 Costain Group'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 Costain Group.

Costain Group Upside/Downside Indicators

Costain Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Costain Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Costain Group's standard deviation. In reality, there are many statistical measures that can use Costain Group historical prices to predict the future Costain Group's volatility.

Autocorrelation, which is Costain Group 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 Costain Group's pink sheet expected returns. We can calculate the autocorrelation of Costain Group returns to help us make a trade decision. For example, suppose you find that Costain Group 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Costain Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Costain Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Costain Group pink sheet over time.

When evaluating Costain Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Costain Group pink sheet have on its future price. Costain Group 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, Costain Group autocorrelation shows the relationship between Costain Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Costain Group PLC.

Costain Group financial ratios help investors to determine whether Costain Pink Sheet 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 Costain with respect to the benefits of owning Costain Group security.