COLUMBIA SPORTSWEAR (Germany) Market Value
| CUW Stock | EUR 77.00 1.00 1.32% |
| Symbol | COLUMBIA |
COLUMBIA SPORTSWEAR '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 COLUMBIA SPORTSWEAR'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 COLUMBIA SPORTSWEAR.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in COLUMBIA SPORTSWEAR on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding COLUMBIA SPORTSWEAR or generate 0.0% return on investment in COLUMBIA SPORTSWEAR over 720 days. COLUMBIA SPORTSWEAR is related to or competes with Entravision Communications, INTERSHOP Communications, Consolidated Communications, BlueScope Steel, Perma-Fix Environmental, and Rogers Communications. More
COLUMBIA SPORTSWEAR 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 COLUMBIA SPORTSWEAR'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 COLUMBIA SPORTSWEAR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.94 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 2.05 |
COLUMBIA SPORTSWEAR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COLUMBIA SPORTSWEAR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COLUMBIA SPORTSWEAR's standard deviation. In reality, there are many statistical measures that can use COLUMBIA SPORTSWEAR historical prices to predict the future COLUMBIA SPORTSWEAR's volatility.| Risk Adjusted Performance | 0.0557 | |||
| Jensen Alpha | 0.0032 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1254 |
COLUMBIA SPORTSWEAR Backtested Returns
Currently, COLUMBIA SPORTSWEAR is very steady. COLUMBIA SPORTSWEAR secures Sharpe Ratio (or Efficiency) of 0.0461, which signifies that the company had a 0.0461% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for COLUMBIA SPORTSWEAR, which you can use to evaluate the volatility of the firm. Please confirm COLUMBIA SPORTSWEAR's Mean Deviation of 1.0, semi deviation of 1.09, and Risk Adjusted Performance of 0.0557 to double-check if the risk estimate we provide is consistent with the expected return of 0.0672%. COLUMBIA SPORTSWEAR has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.7, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, COLUMBIA SPORTSWEAR's returns are expected to increase less than the market. However, during the bear market, the loss of holding COLUMBIA SPORTSWEAR is expected to be smaller as well. COLUMBIA SPORTSWEAR now shows a risk of 1.46%. Please confirm COLUMBIA SPORTSWEAR jensen alpha, potential upside, daily balance of power, as well as the relationship between the treynor ratio and expected short fall , to decide if COLUMBIA SPORTSWEAR will be following its price patterns.
Auto-correlation | -0.4 |
Poor reverse predictability
COLUMBIA SPORTSWEAR has poor reverse predictability. Overlapping area represents the amount of predictability between COLUMBIA SPORTSWEAR 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 COLUMBIA SPORTSWEAR price movement. The serial correlation of -0.4 indicates that just about 40.0% of current COLUMBIA SPORTSWEAR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 6.35 |
COLUMBIA SPORTSWEAR lagged returns against current returns
Autocorrelation, which is COLUMBIA SPORTSWEAR 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 COLUMBIA SPORTSWEAR's stock expected returns. We can calculate the autocorrelation of COLUMBIA SPORTSWEAR returns to help us make a trade decision. For example, suppose you find that COLUMBIA SPORTSWEAR 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 |
COLUMBIA SPORTSWEAR 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 COLUMBIA SPORTSWEAR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COLUMBIA SPORTSWEAR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COLUMBIA SPORTSWEAR stock over time.
Current vs Lagged Prices |
| Timeline |
COLUMBIA SPORTSWEAR Lagged Returns
When evaluating COLUMBIA SPORTSWEAR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COLUMBIA SPORTSWEAR stock have on its future price. COLUMBIA SPORTSWEAR 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, COLUMBIA SPORTSWEAR autocorrelation shows the relationship between COLUMBIA SPORTSWEAR stock current value and its past values and can show if there is a momentum factor associated with investing in COLUMBIA SPORTSWEAR.
Regressed Prices |
| Timeline |
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Additional Tools for COLUMBIA Stock Analysis
When running COLUMBIA SPORTSWEAR's price analysis, check to measure COLUMBIA SPORTSWEAR'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 COLUMBIA SPORTSWEAR is operating at the current time. Most of COLUMBIA SPORTSWEAR's value examination focuses on studying past and present price action to predict the probability of COLUMBIA SPORTSWEAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COLUMBIA SPORTSWEAR's price. Additionally, you may evaluate how the addition of COLUMBIA SPORTSWEAR to your portfolios can decrease your overall portfolio volatility.