Cargotec Stock Market Value
| CYJBY Stock | USD 25.50 1.57 5.80% |
| Symbol | Cargotec |
Cargotec '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 Cargotec's otc 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 Cargotec.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Cargotec on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Cargotec or generate 0.0% return on investment in Cargotec over 570 days. Cargotec is related to or competes with Aalberts, FLSmidth, Nabtesco, Rotork Plc, Sany Heavy, Jungheinrich Aktiengesellscha, and Kardex Holding. Cargotec Corporation provides cargo and load handling solutions worldwide More
Cargotec 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 Cargotec's otc 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 Cargotec upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 20.8 |
Cargotec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cargotec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cargotec's standard deviation. In reality, there are many statistical measures that can use Cargotec historical prices to predict the future Cargotec's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 0.3291 |
Cargotec Backtested Returns
Cargotec secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1 % return per unit of risk over the last 3 months. Cargotec exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cargotec's Standard Deviation of 2.27, risk adjusted performance of (0.06), and Mean Deviation of 0.5558 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cargotec are expected to decrease at a much lower rate. During the bear market, Cargotec is likely to outperform the market. At this point, Cargotec has a negative expected return of -0.23%. Please make sure to confirm Cargotec's information ratio and rate of daily change , to decide if Cargotec performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Cargotec has insignificant reverse predictability. Overlapping area represents the amount of predictability between Cargotec time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 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 Cargotec price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Cargotec price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 4.03 |
Cargotec lagged returns against current returns
Autocorrelation, which is Cargotec otc 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 Cargotec's otc stock expected returns. We can calculate the autocorrelation of Cargotec returns to help us make a trade decision. For example, suppose you find that Cargotec has exhibited high autocorrelation historically, and you observe that the otc 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 |
Cargotec 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 Cargotec otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cargotec otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cargotec otc stock over time.
Current vs Lagged Prices |
| Timeline |
Cargotec Lagged Returns
When evaluating Cargotec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cargotec otc stock have on its future price. Cargotec 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, Cargotec autocorrelation shows the relationship between Cargotec otc stock current value and its past values and can show if there is a momentum factor associated with investing in Cargotec.
Regressed Prices |
| Timeline |
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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.Additional Tools for Cargotec OTC Stock Analysis
When running Cargotec's price analysis, check to measure Cargotec'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 Cargotec is operating at the current time. Most of Cargotec's value examination focuses on studying past and present price action to predict the probability of Cargotec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cargotec's price. Additionally, you may evaluate how the addition of Cargotec to your portfolios can decrease your overall portfolio volatility.