CCL Industries (Germany) Market Value
| 1C9 Stock | EUR 49.80 1.20 2.47% |
| Symbol | CCL |
CCL Industries '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 CCL Industries' 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 CCL Industries.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in CCL Industries on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding CCL Industries or generate 0.0% return on investment in CCL Industries over 720 days. CCL Industries is related to or competes with Amcor Plc, Amcor Plc, Packaging, Crown Holdings, Smurfit Kappa, AptarGroup, and Berry Global. CCL Industries Inc. manufactures and sells labels, containers, consumer printable media products, technology driven labe... More
CCL Industries 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 CCL Industries' 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 CCL Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 6.5 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 1.93 |
CCL Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CCL Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CCL Industries' standard deviation. In reality, there are many statistical measures that can use CCL Industries historical prices to predict the future CCL Industries' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.25) |
CCL Industries Backtested Returns
CCL Industries secures Sharpe Ratio (or Efficiency) of -0.0748, which signifies that the company had a -0.0748% return per unit of return volatility over the last 3 months. CCL Industries exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CCL Industries' Standard Deviation of 1.24, mean deviation of 0.9176, and Variance of 1.53 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CCL Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding CCL Industries is expected to be smaller as well. At this point, CCL Industries has a negative expected return of -0.0922%. Please make sure to confirm CCL Industries' variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if CCL Industries performance from the past will be repeated in the future.
Auto-correlation | -0.42 |
Modest reverse predictability
CCL Industries has modest reverse predictability. Overlapping area represents the amount of predictability between CCL Industries time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 CCL Industries price movement. The serial correlation of -0.42 indicates that just about 42.0% of current CCL Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 22.49 |
CCL Industries lagged returns against current returns
Autocorrelation, which is CCL Industries 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 CCL Industries' stock expected returns. We can calculate the autocorrelation of CCL Industries returns to help us make a trade decision. For example, suppose you find that CCL Industries 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 |
CCL Industries 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 CCL Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CCL Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CCL Industries stock over time.
Current vs Lagged Prices |
| Timeline |
CCL Industries Lagged Returns
When evaluating CCL Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CCL Industries stock have on its future price. CCL Industries 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, CCL Industries autocorrelation shows the relationship between CCL Industries stock current value and its past values and can show if there is a momentum factor associated with investing in CCL Industries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CCL Stock
CCL Industries financial ratios help investors to determine whether CCL 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 CCL with respect to the benefits of owning CCL Industries security.