CTP NV (Netherlands) Market Value
| CTPNV Stock | 15.20 0.02 0.13% |
| Symbol | CTP |
CTP 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 CTP 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 CTP NV.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in CTP NV on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding CTP NV or generate 0.0% return on investment in CTP NV over 360 days. CTP NV is related to or competes with Warehouses, VGP NV, Eurocommercial Properties, Koninklijke Heijmans, and Inpost SA. More
CTP 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 CTP 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 CTP NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 6.16 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 1.71 |
CTP NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CTP NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CTP NV's standard deviation. In reality, there are many statistical measures that can use CTP NV historical prices to predict the future CTP NV's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.8969 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CTP NV's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
CTP NV Backtested Returns
CTP NV secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. CTP NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CTP NV's mean deviation of 0.8641, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CTP NV are expected to decrease at a much lower rate. During the bear market, CTP NV is likely to outperform the market. At this point, CTP NV has a negative expected return of -0.14%. Please make sure to confirm CTP NV's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if CTP NV performance from the past will be repeated at future time.
Auto-correlation | -0.32 |
Poor reverse predictability
CTP NV has poor reverse predictability. Overlapping area represents the amount of predictability between CTP NV time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 CTP NV price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current CTP NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
CTP NV lagged returns against current returns
Autocorrelation, which is CTP 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 CTP NV's stock expected returns. We can calculate the autocorrelation of CTP NV returns to help us make a trade decision. For example, suppose you find that CTP 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 |
CTP 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 CTP NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CTP NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CTP NV stock over time.
Current vs Lagged Prices |
| Timeline |
CTP NV Lagged Returns
When evaluating CTP NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CTP NV stock have on its future price. CTP 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, CTP NV autocorrelation shows the relationship between CTP NV stock current value and its past values and can show if there is a momentum factor associated with investing in CTP NV.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in CTP Stock
CTP NV financial ratios help investors to determine whether CTP 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 CTP with respect to the benefits of owning CTP NV security.