CASTA DIVA (Germany) Market Value

99C Stock  EUR 1.17  0.01  0.85%   
CASTA DIVA's market value is the price at which a share of CASTA DIVA trades on a public exchange. It measures the collective expectations of CASTA DIVA GROUP investors about its performance. CASTA DIVA is trading at 1.17 as of the 16th of December 2024. This is a 0.85% down since the beginning of the trading day. The stock's lowest day price was 1.17.
With this module, you can estimate the performance of a buy and hold strategy of CASTA DIVA GROUP and determine expected loss or profit from investing in CASTA DIVA over a given investment horizon. Check out CASTA DIVA Correlation, CASTA DIVA Volatility and CASTA DIVA Alpha and Beta module to complement your research on CASTA DIVA.
Symbol

Please note, there is a significant difference between CASTA DIVA's value and its price as these two are different measures arrived at by different means. Investors typically determine if CASTA DIVA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CASTA DIVA'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.

CASTA DIVA '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 CASTA DIVA'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 CASTA DIVA.
0.00
11/16/2024
No Change 0.00  0.0 
In 31 days
12/16/2024
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If you would invest  0.00  in CASTA DIVA on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding CASTA DIVA GROUP or generate 0.0% return on investment in CASTA DIVA over 30 days. CASTA DIVA is related to or competes with ANGLER GAMING, EAST SIDE, Penn National, Japan Tobacco, TSOGO SUN, and National Storage. Cotiviti Holdings, Inc., through its subsidiaries, provides analytics-driven payment accuracy and spend management solut... More

CASTA DIVA 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 CASTA DIVA'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 CASTA DIVA GROUP upside and downside potential and time the market with a certain degree of confidence.

CASTA DIVA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CASTA DIVA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CASTA DIVA's standard deviation. In reality, there are many statistical measures that can use CASTA DIVA historical prices to predict the future CASTA DIVA's volatility.
Hype
Prediction
LowEstimatedHigh
0.061.173.97
Details
Intrinsic
Valuation
LowRealHigh
0.061.113.91
Details

CASTA DIVA GROUP Backtested Returns

CASTA DIVA appears to be dangerous, given 3 months investment horizon. CASTA DIVA GROUP secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for CASTA DIVA GROUP, which you can use to evaluate the volatility of the entity. Please makes use of CASTA DIVA's Mean Deviation of 2.06, market risk adjusted performance of 0.45, and Coefficient Of Variation of 862.02 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CASTA DIVA holds a performance score of 9. The firm shows a Beta (market volatility) of 0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CASTA DIVA's returns are expected to increase less than the market. However, during the bear market, the loss of holding CASTA DIVA is expected to be smaller as well. Please check CASTA DIVA's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether CASTA DIVA's price patterns will revert.

Auto-correlation

    
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No correlation between past and present

CASTA DIVA GROUP has no correlation between past and present. Overlapping area represents the amount of predictability between CASTA DIVA time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 CASTA DIVA GROUP price movement. The serial correlation of 0.0 indicates that just 0.0% of current CASTA DIVA price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.52
Residual Average0.0
Price Variance0.0

CASTA DIVA GROUP lagged returns against current returns

Autocorrelation, which is CASTA DIVA 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 CASTA DIVA's stock expected returns. We can calculate the autocorrelation of CASTA DIVA returns to help us make a trade decision. For example, suppose you find that CASTA DIVA 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  

CASTA DIVA 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 CASTA DIVA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CASTA DIVA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CASTA DIVA stock over time.
   Current vs Lagged Prices   
       Timeline  

CASTA DIVA Lagged Returns

When evaluating CASTA DIVA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CASTA DIVA stock have on its future price. CASTA DIVA 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, CASTA DIVA autocorrelation shows the relationship between CASTA DIVA stock current value and its past values and can show if there is a momentum factor associated with investing in CASTA DIVA GROUP.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in CASTA Stock

CASTA DIVA financial ratios help investors to determine whether CASTA 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 CASTA with respect to the benefits of owning CASTA DIVA security.