Credit Enhanced Corts Stock Market Value
| KTN Stock | USD 26.85 0.10 0.37% |
| Symbol | Credit |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Credit Enhanced. If investors know Credit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Credit Enhanced listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Credit Enhanced Corts is measured differently than its book value, which is the value of Credit that is recorded on the company's balance sheet. Investors also form their own opinion of Credit Enhanced's value that differs from its market value or its book value, called intrinsic value, which is Credit Enhanced's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Credit Enhanced's market value can be influenced by many factors that don't directly affect Credit Enhanced's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Credit Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credit Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credit Enhanced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Credit Enhanced '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 Credit Enhanced'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 Credit Enhanced.
| 08/26/2024 |
| 11/24/2024 |
If you would invest 0.00 in Credit Enhanced on August 26, 2024 and sell it all today you would earn a total of 0.00 from holding Credit Enhanced Corts or generate 0.0% return on investment in Credit Enhanced over 90 days. Credit Enhanced is related to or competes with DBA Sempra, CMS Energy, American Financial, and Maiden Holdings. Credit Enhanced is entity of United States More
Credit Enhanced 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 Credit Enhanced'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 Credit Enhanced Corts upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7713 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.02 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 0.8094 |
Credit Enhanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Credit Enhanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Credit Enhanced's standard deviation. In reality, there are many statistical measures that can use Credit Enhanced historical prices to predict the future Credit Enhanced's volatility.| Risk Adjusted Performance | 0.025 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.0795 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Credit Enhanced'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.
Credit Enhanced Corts Backtested Returns
As of now, Credit Stock is very steady. Credit Enhanced Corts secures Sharpe Ratio (or Efficiency) of 0.0407, which signifies that the company had a 0.0407% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Credit Enhanced Corts, which you can use to evaluate the volatility of the firm. Please confirm Credit Enhanced's mean deviation of 0.4175, and Risk Adjusted Performance of 0.025 to double-check if the risk estimate we provide is consistent with the expected return of 0.0243%. Credit Enhanced has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Credit Enhanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Credit Enhanced is expected to be smaller as well. Credit Enhanced Corts right now shows a risk of 0.6%. Please confirm Credit Enhanced Corts jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to decide if Credit Enhanced Corts will be following its price patterns.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Credit Enhanced Corts has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Credit Enhanced time series from 26th of August 2024 to 10th of October 2024 and 10th of October 2024 to 24th 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 Credit Enhanced Corts price movement. The serial correlation of -0.74 indicates that around 74.0% of current Credit Enhanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Credit Enhanced Corts lagged returns against current returns
Autocorrelation, which is Credit Enhanced 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 Credit Enhanced's stock expected returns. We can calculate the autocorrelation of Credit Enhanced returns to help us make a trade decision. For example, suppose you find that Credit Enhanced 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 |
Credit Enhanced 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 Credit Enhanced stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Credit Enhanced stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Credit Enhanced stock over time.
Current vs Lagged Prices |
| Timeline |
Credit Enhanced Lagged Returns
When evaluating Credit Enhanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Credit Enhanced stock have on its future price. Credit Enhanced 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, Credit Enhanced autocorrelation shows the relationship between Credit Enhanced stock current value and its past values and can show if there is a momentum factor associated with investing in Credit Enhanced Corts.
Regressed Prices |
| Timeline |
Pair Trading with Credit Enhanced
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Credit Enhanced position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Credit Enhanced will appreciate offsetting losses from the drop in the long position's value.Moving against Credit Stock
The ability to find closely correlated positions to Credit Enhanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credit Enhanced when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Credit Enhanced - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Credit Enhanced Corts to buy it.
The correlation of Credit Enhanced is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Credit Enhanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credit Enhanced Corts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Credit Enhanced can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Credit Enhanced Correlation, Credit Enhanced Volatility and Credit Enhanced Alpha and Beta module to complement your research on Credit Enhanced. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Credit Enhanced technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.