Ctac NV (Netherlands) Market Value
| CTAC Stock | EUR 2.74 0.06 2.24% |
| 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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ctac NV on October 27, 2024 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, Hydratec Industries, IShares Property, IShares VII, Aalberts Industries, and Value8 NV. 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.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 11.02 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 3.19 |
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 | (0.06) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (1.20) |
Ctac NV Backtested Returns
Ctac NV secures Sharpe Ratio (or Efficiency) of -0.0591, which signifies that the company had a -0.0591% return per unit of standard deviation over the last 3 months. Ctac NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ctac NV's mean deviation of 1.49, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. 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. At this point, Ctac NV has a negative expected return of -0.12%. Please make sure to confirm Ctac NV's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Ctac NV performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Ctac NV has insignificant predictability. Overlapping area represents the amount of predictability between Ctac NV 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 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 | 0.25 | |
| 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 |
Thematic Opportunities
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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.