CREMECOMTRSBI (Germany) Market Value
| WY52 Stock | EUR 0.19 0.07 26.92% |
| Symbol | CREMECOMTRSBI |
CREMECOMTRSBI '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 CREMECOMTRSBI'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 CREMECOMTRSBI.
| 12/22/2022 |
| 12/11/2024 |
If you would invest 0.00 in CREMECOMTRSBI on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding CREMECOMTRSBI DL 001 or generate 0.0% return on investment in CREMECOMTRSBI over 720 days. CREMECOMTRSBI is related to or competes with Office Properties, CITY OFFICE, Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, and Reliance Steel. CIM Commercial is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office... More
CREMECOMTRSBI 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 CREMECOMTRSBI'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 CREMECOMTRSBI DL 001 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.53 | |||
| Information Ratio | 0.0728 | |||
| Maximum Drawdown | 403.7 | |||
| Value At Risk | (32.84) | |||
| Potential Upside | 18.87 |
CREMECOMTRSBI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CREMECOMTRSBI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CREMECOMTRSBI's standard deviation. In reality, there are many statistical measures that can use CREMECOMTRSBI historical prices to predict the future CREMECOMTRSBI's volatility.| Risk Adjusted Performance | 0.064 | |||
| Jensen Alpha | 4.94 | |||
| Total Risk Alpha | (4.74) | |||
| Sortino Ratio | 0.1917 | |||
| Treynor Ratio | (0.70) |
CREMECOMTRSBI DL 001 Backtested Returns
CREMECOMTRSBI is out of control given 3 months investment horizon. CREMECOMTRSBI DL 001 secures Sharpe Ratio (or Efficiency) of 0.0758, which signifies that the company had a 0.0758% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.37% are justified by taking the suggested risk. Use CREMECOMTRSBI Downside Deviation of 21.53, mean deviation of 20.57, and Risk Adjusted Performance of 0.064 to evaluate company specific risk that cannot be diversified away. CREMECOMTRSBI holds a performance score of 5 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -6.05, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CREMECOMTRSBI are expected to decrease by larger amounts. On the other hand, during market turmoil, CREMECOMTRSBI is expected to outperform it. Use CREMECOMTRSBI jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to analyze future returns on CREMECOMTRSBI.
Auto-correlation | 0.57 |
Modest predictability
CREMECOMTRSBI DL 001 has modest predictability. Overlapping area represents the amount of predictability between CREMECOMTRSBI time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th 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 CREMECOMTRSBI DL 001 price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current CREMECOMTRSBI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
CREMECOMTRSBI DL 001 lagged returns against current returns
Autocorrelation, which is CREMECOMTRSBI 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 CREMECOMTRSBI's stock expected returns. We can calculate the autocorrelation of CREMECOMTRSBI returns to help us make a trade decision. For example, suppose you find that CREMECOMTRSBI 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 |
CREMECOMTRSBI 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 CREMECOMTRSBI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CREMECOMTRSBI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CREMECOMTRSBI stock over time.
Current vs Lagged Prices |
| Timeline |
CREMECOMTRSBI Lagged Returns
When evaluating CREMECOMTRSBI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CREMECOMTRSBI stock have on its future price. CREMECOMTRSBI 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, CREMECOMTRSBI autocorrelation shows the relationship between CREMECOMTRSBI stock current value and its past values and can show if there is a momentum factor associated with investing in CREMECOMTRSBI DL 001.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CREMECOMTRSBI Stock
CREMECOMTRSBI financial ratios help investors to determine whether CREMECOMTRSBI 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 CREMECOMTRSBI with respect to the benefits of owning CREMECOMTRSBI security.