Etablissementen Franz Colruyt Etf Market Value
| CUYTY Etf | USD 12.02 0.00 0.00% |
| Symbol | Etablissementen |
Etablissementen Franz '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 Etablissementen Franz's pink sheet 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 Etablissementen Franz.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Etablissementen Franz on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Etablissementen Franz Colruyt or generate 0.0% return on investment in Etablissementen Franz over 210 days. Etablissementen Franz is related to or competes with Eaton Vance, Exxon, HP, Alcoa Corp, Boeing, Dupont De, and Home Depot. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belg... More
Etablissementen Franz 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 Etablissementen Franz's pink sheet 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 Etablissementen Franz Colruyt upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.86 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 3.24 |
Etablissementen Franz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Etablissementen Franz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Etablissementen Franz's standard deviation. In reality, there are many statistical measures that can use Etablissementen Franz historical prices to predict the future Etablissementen Franz's volatility.| Risk Adjusted Performance | (0.0004) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Etablissementen Franz'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.
Etablissementen Franz Backtested Returns
Etablissementen Franz secures Sharpe Ratio (or Efficiency) of -0.0196, which denotes the etf had a -0.0196% return per unit of standard deviation over the last 3 months. Etablissementen Franz Colruyt exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Etablissementen Franz's Standard Deviation of 2.48, coefficient of variation of (10,465), and Mean Deviation of 0.8344 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.54, which means possible diversification benefits within a given portfolio. As returns on the market increase, Etablissementen Franz's returns are expected to increase less than the market. However, during the bear market, the loss of holding Etablissementen Franz is expected to be smaller as well.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Etablissementen Franz Colruyt has insignificant reverse predictability. Overlapping area represents the amount of predictability between Etablissementen Franz time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 Etablissementen Franz price movement. The serial correlation of -0.18 indicates that over 18.0% of current Etablissementen Franz price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
Etablissementen Franz lagged returns against current returns
Autocorrelation, which is Etablissementen Franz pink sheet'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 Etablissementen Franz's pink sheet expected returns. We can calculate the autocorrelation of Etablissementen Franz returns to help us make a trade decision. For example, suppose you find that Etablissementen Franz has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Etablissementen Franz 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 Etablissementen Franz pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Etablissementen Franz pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Etablissementen Franz pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Etablissementen Franz Lagged Returns
When evaluating Etablissementen Franz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Etablissementen Franz pink sheet have on its future price. Etablissementen Franz 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, Etablissementen Franz autocorrelation shows the relationship between Etablissementen Franz pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Etablissementen Franz Colruyt.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Etablissementen Pink Sheet
Etablissementen Franz financial ratios help investors to determine whether Etablissementen Pink Sheet 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 Etablissementen with respect to the benefits of owning Etablissementen Franz security.