ZCCM Investments (France) Market Value
| MLZAM Stock | EUR 1.39 0.00 0.00% |
| Symbol | ZCCM |
ZCCM Investments '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 ZCCM Investments' 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 ZCCM Investments.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in ZCCM Investments on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding ZCCM Investments Holdings or generate 0.0% return on investment in ZCCM Investments over 30 days. ZCCM Investments is related to or competes with FIPP SA, Roctool, Lexibook Linguistic, and Groupe JAJ. ZCCM Investments Holdings Plc, an investment holding company, primarily holds investments in the copper mining sector in... More
ZCCM Investments 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 ZCCM Investments' 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 ZCCM Investments Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.5 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 12.58 | |||
| Value At Risk | (5.07) | |||
| Potential Upside | 6.11 |
ZCCM Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZCCM Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZCCM Investments' standard deviation. In reality, there are many statistical measures that can use ZCCM Investments historical prices to predict the future ZCCM Investments' volatility.| Risk Adjusted Performance | 0.0181 | |||
| Jensen Alpha | 0.0995 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.05) |
ZCCM Investments Holdings Backtested Returns
Currently, ZCCM Investments Holdings is dangerous. ZCCM Investments Holdings retains Efficiency (Sharpe Ratio) of 0.0509, which attests that the company had a 0.0509% return per unit of volatility over the last 3 months. We have found twenty-five technical indicators for ZCCM Investments, which you can use to evaluate the volatility of the entity. Please check out ZCCM Investments' Market Risk Adjusted Performance of (0.04), standard deviation of 2.86, and Mean Deviation of 1.91 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. ZCCM Investments has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.57, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ZCCM Investments are expected to decrease at a much lower rate. During the bear market, ZCCM Investments is likely to outperform the market. ZCCM Investments Holdings now owns a risk of 2.76%. Please check out ZCCM Investments Holdings skewness, relative strength index, as well as the relationship between the value at risk and jensen alpha , to decide if ZCCM Investments Holdings will be following its current price history.
Auto-correlation | 0.63 |
Good predictability
ZCCM Investments Holdings has good predictability. Overlapping area represents the amount of predictability between ZCCM Investments time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 ZCCM Investments Holdings price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current ZCCM Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ZCCM Investments Holdings lagged returns against current returns
Autocorrelation, which is ZCCM Investments 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 ZCCM Investments' stock expected returns. We can calculate the autocorrelation of ZCCM Investments returns to help us make a trade decision. For example, suppose you find that ZCCM Investments 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 |
ZCCM Investments 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 ZCCM Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZCCM Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZCCM Investments stock over time.
Current vs Lagged Prices |
| Timeline |
ZCCM Investments Lagged Returns
When evaluating ZCCM Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZCCM Investments stock have on its future price. ZCCM Investments 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, ZCCM Investments autocorrelation shows the relationship between ZCCM Investments stock current value and its past values and can show if there is a momentum factor associated with investing in ZCCM Investments Holdings.
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 ZCCM Stock Analysis
When running ZCCM Investments' price analysis, check to measure ZCCM Investments' 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 ZCCM Investments is operating at the current time. Most of ZCCM Investments' value examination focuses on studying past and present price action to predict the probability of ZCCM Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZCCM Investments' price. Additionally, you may evaluate how the addition of ZCCM Investments to your portfolios can decrease your overall portfolio volatility.