CHINA TONTINE (Germany) Market Value
| CTE Stock | EUR 0.07 0.00 0.00% |
| Symbol | CHINA |
CHINA TONTINE '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 CHINA TONTINE'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 CHINA TONTINE.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in CHINA TONTINE on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding CHINA TONTINE WINES or generate 0.0% return on investment in CHINA TONTINE over 720 days. CHINA TONTINE is related to or competes with Diageo Plc, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, and NorAm Drilling. More
CHINA TONTINE 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 CHINA TONTINE'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 CHINA TONTINE WINES upside and downside potential and time the market with a certain degree of confidence.
CHINA TONTINE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHINA TONTINE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHINA TONTINE's standard deviation. In reality, there are many statistical measures that can use CHINA TONTINE historical prices to predict the future CHINA TONTINE's volatility.CHINA TONTINE WINES Backtested Returns
We have found three technical indicators for CHINA TONTINE WINES, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and CHINA TONTINE are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
CHINA TONTINE WINES has no correlation between past and present. Overlapping area represents the amount of predictability between CHINA TONTINE time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 CHINA TONTINE WINES price movement. The serial correlation of 0.0 indicates that just 0.0% of current CHINA TONTINE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CHINA TONTINE WINES lagged returns against current returns
Autocorrelation, which is CHINA TONTINE 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 CHINA TONTINE's stock expected returns. We can calculate the autocorrelation of CHINA TONTINE returns to help us make a trade decision. For example, suppose you find that CHINA TONTINE 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 |
CHINA TONTINE 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 CHINA TONTINE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHINA TONTINE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHINA TONTINE stock over time.
Current vs Lagged Prices |
| Timeline |
CHINA TONTINE Lagged Returns
When evaluating CHINA TONTINE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHINA TONTINE stock have on its future price. CHINA TONTINE 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, CHINA TONTINE autocorrelation shows the relationship between CHINA TONTINE stock current value and its past values and can show if there is a momentum factor associated with investing in CHINA TONTINE WINES.
Regressed Prices |
| Timeline |
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Additional Tools for CHINA Stock Analysis
When running CHINA TONTINE's price analysis, check to measure CHINA TONTINE'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 CHINA TONTINE is operating at the current time. Most of CHINA TONTINE's value examination focuses on studying past and present price action to predict the probability of CHINA TONTINE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHINA TONTINE's price. Additionally, you may evaluate how the addition of CHINA TONTINE to your portfolios can decrease your overall portfolio volatility.