Ctac NV (Netherlands) Market Value
| CTAC Stock | EUR 2.83 0.02 0.70% |
| Symbol | Ctac |
Ctac NV '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 Ctac NV'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 Ctac NV.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Ctac NV on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Ctac NV or generate 0.0% return on investment in Ctac NV over 30 days. Ctac NV is related to or competes with NV Nederlandsche, Brunel International, and Kendrion. Ctac N.V. provides business and cloud integration services primarily in the Netherlands, Belgium, and France More
Ctac NV 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 Ctac NV'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 Ctac NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.035 | |||
| Maximum Drawdown | 9.61 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 3.6 |
Ctac NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ctac NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ctac NV's standard deviation. In reality, there are many statistical measures that can use Ctac NV historical prices to predict the future Ctac NV's volatility.| Risk Adjusted Performance | 0.0352 | |||
| Jensen Alpha | 0.0675 | |||
| Total Risk Alpha | 0.065 | |||
| Sortino Ratio | 0.0339 | |||
| Treynor Ratio | 0.1442 |
Ctac NV Backtested Returns
Currently, Ctac NV is moderately volatile. Ctac NV secures Sharpe Ratio (or Efficiency) of 0.061, which signifies that the company had a 0.061 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Ctac NV, which you can use to evaluate the volatility of the firm. Please confirm Ctac NV's risk adjusted performance of 0.0352, and Mean Deviation of 1.4 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Ctac NV has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ctac NV's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ctac NV is expected to be smaller as well. Ctac NV right now shows a risk of 1.91%. Please confirm Ctac NV market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Ctac NV will be following its price patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
Ctac NV has very weak reverse predictability. Overlapping area represents the amount of predictability between Ctac NV time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ctac NV price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Ctac NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ctac NV lagged returns against current returns
Autocorrelation, which is Ctac NV 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 Ctac NV's stock expected returns. We can calculate the autocorrelation of Ctac NV returns to help us make a trade decision. For example, suppose you find that Ctac NV 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 |
Ctac NV 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 Ctac NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ctac NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ctac NV stock over time.
Current vs Lagged Prices |
| Timeline |
Ctac NV Lagged Returns
When evaluating Ctac NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ctac NV stock have on its future price. Ctac NV 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, Ctac NV autocorrelation shows the relationship between Ctac NV stock current value and its past values and can show if there is a momentum factor associated with investing in Ctac NV.
Regressed Prices |
| Timeline |
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Additional Tools for Ctac Stock Analysis
When running Ctac NV's price analysis, check to measure Ctac NV'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 Ctac NV is operating at the current time. Most of Ctac NV's value examination focuses on studying past and present price action to predict the probability of Ctac NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ctac NV's price. Additionally, you may evaluate how the addition of Ctac NV to your portfolios can decrease your overall portfolio volatility.