Costco Wholesale (Germany) Market Value
| CTO Stock | EUR 982.40 5.50 0.56% |
| Symbol | Costco |
Costco Wholesale '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 Costco Wholesale'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 Costco Wholesale.
| 01/26/2025 |
| 02/25/2025 |
If you would invest 0.00 in Costco Wholesale on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Costco Wholesale or generate 0.0% return on investment in Costco Wholesale over 30 days. Costco Wholesale is related to or competes with GEAR4MUSIC (HLDGS), UNIVERSAL MUSIC, Aya Gold, MCEWEN MINING, US Foods, ANGLO ASIAN, and Monument Mining. Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses More
Costco Wholesale 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 Costco Wholesale'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 Costco Wholesale upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.1342 | |||
| Maximum Drawdown | 5.86 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 3.35 |
Costco Wholesale Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Costco Wholesale's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Costco Wholesale's standard deviation. In reality, there are many statistical measures that can use Costco Wholesale historical prices to predict the future Costco Wholesale's volatility.| Risk Adjusted Performance | 0.1061 | |||
| Jensen Alpha | 0.192 | |||
| Total Risk Alpha | 0.1998 | |||
| Sortino Ratio | 0.1857 | |||
| Treynor Ratio | 0.5345 |
Costco Wholesale Backtested Returns
At this point, Costco Wholesale is very steady. Costco Wholesale secures Sharpe Ratio (or Efficiency) of 0.0771, which signifies that the company had a 0.0771 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Costco Wholesale, which you can use to evaluate the volatility of the firm. Please confirm Costco Wholesale's Mean Deviation of 1.12, downside deviation of 1.05, and Risk Adjusted Performance of 0.1061 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. Costco Wholesale has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Costco Wholesale's returns are expected to increase less than the market. However, during the bear market, the loss of holding Costco Wholesale is expected to be smaller as well. Costco Wholesale right now shows a risk of 1.43%. Please confirm Costco Wholesale potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if Costco Wholesale will be following its price patterns.
Auto-correlation | -0.88 |
Excellent reverse predictability
Costco Wholesale has excellent reverse predictability. Overlapping area represents the amount of predictability between Costco Wholesale time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th 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 Costco Wholesale price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Costco Wholesale price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 280.74 |
Costco Wholesale lagged returns against current returns
Autocorrelation, which is Costco Wholesale 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 Costco Wholesale's stock expected returns. We can calculate the autocorrelation of Costco Wholesale returns to help us make a trade decision. For example, suppose you find that Costco Wholesale 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 |
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Costco Wholesale 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 Costco Wholesale stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Costco Wholesale stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Costco Wholesale stock over time.
Current vs Lagged Prices |
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Costco Wholesale Lagged Returns
When evaluating Costco Wholesale's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Costco Wholesale stock have on its future price. Costco Wholesale 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, Costco Wholesale autocorrelation shows the relationship between Costco Wholesale stock current value and its past values and can show if there is a momentum factor associated with investing in Costco Wholesale.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Costco Stock
Costco Wholesale financial ratios help investors to determine whether Costco Stock 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 Costco with respect to the benefits of owning Costco Wholesale security.