COSTAR GROUP (Germany) Market Value
| RLG Stock | EUR 67.77 3.98 5.55% |
| Symbol | COSTAR |
COSTAR GROUP '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 COSTAR GROUP'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 COSTAR GROUP.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in COSTAR GROUP on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding COSTAR GROUP INC or generate 0.0% return on investment in COSTAR GROUP over 30 days. COSTAR GROUP is related to or competes with CBRE Group, VONOVIA SE, Vonovia SE, Vonovia SE, Henderson Land, and Wharf Real. CoStar Group, Inc. provides information, analytics, and online marketplaces to the commercial real estate industry in th... More
COSTAR GROUP 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 COSTAR GROUP'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 COSTAR GROUP INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.07 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 10.44 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 2.67 |
COSTAR GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COSTAR GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COSTAR GROUP's standard deviation. In reality, there are many statistical measures that can use COSTAR GROUP historical prices to predict the future COSTAR GROUP's volatility.| Risk Adjusted Performance | 0.0212 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0887 |
COSTAR GROUP INC Backtested Returns
COSTAR GROUP INC secures Sharpe Ratio (or Efficiency) of -0.0212, which signifies that the company had a -0.0212% return per unit of volatility over the last 3 months. COSTAR GROUP INC exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COSTAR GROUP's risk adjusted performance of 0.0212, and Mean Deviation of 1.41 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, COSTAR GROUP's returns are expected to increase less than the market. However, during the bear market, the loss of holding COSTAR GROUP is expected to be smaller as well. At this point, COSTAR GROUP INC has a negative expected return of -0.0427%. Please make sure to confirm COSTAR GROUP's downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to decide if COSTAR GROUP INC performance from the past will be repeated at future time.
Auto-correlation | 0.34 |
Below average predictability
COSTAR GROUP INC has below average predictability. Overlapping area represents the amount of predictability between COSTAR GROUP time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 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 COSTAR GROUP INC price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current COSTAR GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 3.84 |
COSTAR GROUP INC lagged returns against current returns
Autocorrelation, which is COSTAR GROUP 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 COSTAR GROUP's stock expected returns. We can calculate the autocorrelation of COSTAR GROUP returns to help us make a trade decision. For example, suppose you find that COSTAR GROUP 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 |
COSTAR GROUP 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 COSTAR GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COSTAR GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COSTAR GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
COSTAR GROUP Lagged Returns
When evaluating COSTAR GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COSTAR GROUP stock have on its future price. COSTAR GROUP 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, COSTAR GROUP autocorrelation shows the relationship between COSTAR GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in COSTAR GROUP INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in COSTAR Stock
COSTAR GROUP financial ratios help investors to determine whether COSTAR Stock 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 COSTAR with respect to the benefits of owning COSTAR GROUP security.