COPLAND ROAD (Germany) Market Value
| A2P Stock | 39.25 0.20 0.51% |
| Symbol | COPLAND |
COPLAND ROAD '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 COPLAND ROAD'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 COPLAND ROAD.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in COPLAND ROAD on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding COPLAND ROAD CAPITAL or generate 0.0% return on investment in COPLAND ROAD over 720 days. COPLAND ROAD is related to or competes with Merck KGaA, CanSino Biologics, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and Talanx AG. More
COPLAND ROAD 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 COPLAND ROAD'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 COPLAND ROAD CAPITAL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.8 | |||
| Information Ratio | 0.076 | |||
| Maximum Drawdown | 19.43 | |||
| Value At Risk | (5.92) | |||
| Potential Upside | 5.94 |
COPLAND ROAD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COPLAND ROAD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COPLAND ROAD's standard deviation. In reality, there are many statistical measures that can use COPLAND ROAD historical prices to predict the future COPLAND ROAD's volatility.| Risk Adjusted Performance | 0.0976 | |||
| Jensen Alpha | 0.3609 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0897 | |||
| Treynor Ratio | 2.68 |
COPLAND ROAD CAPITAL Backtested Returns
At this point, COPLAND ROAD is very steady. COPLAND ROAD CAPITAL secures Sharpe Ratio (or Efficiency) of 0.0399, which signifies that the company had a 0.0399% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for COPLAND ROAD CAPITAL, which you can use to evaluate the volatility of the firm. Please confirm COPLAND ROAD's mean deviation of 2.28, and Risk Adjusted Performance of 0.0976 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. COPLAND ROAD has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, COPLAND ROAD's returns are expected to increase less than the market. However, during the bear market, the loss of holding COPLAND ROAD is expected to be smaller as well. COPLAND ROAD CAPITAL currently shows a risk of 3.11%. Please confirm COPLAND ROAD CAPITAL information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if COPLAND ROAD CAPITAL will be following its price patterns.
Auto-correlation | -0.22 |
Weak reverse predictability
COPLAND ROAD CAPITAL has weak reverse predictability. Overlapping area represents the amount of predictability between COPLAND ROAD time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 COPLAND ROAD CAPITAL price movement. The serial correlation of -0.22 indicates that over 22.0% of current COPLAND ROAD price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 226.94 |
COPLAND ROAD CAPITAL lagged returns against current returns
Autocorrelation, which is COPLAND ROAD 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 COPLAND ROAD's stock expected returns. We can calculate the autocorrelation of COPLAND ROAD returns to help us make a trade decision. For example, suppose you find that COPLAND ROAD 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 |
COPLAND ROAD 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 COPLAND ROAD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COPLAND ROAD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COPLAND ROAD stock over time.
Current vs Lagged Prices |
| Timeline |
COPLAND ROAD Lagged Returns
When evaluating COPLAND ROAD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COPLAND ROAD stock have on its future price. COPLAND ROAD 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, COPLAND ROAD autocorrelation shows the relationship between COPLAND ROAD stock current value and its past values and can show if there is a momentum factor associated with investing in COPLAND ROAD CAPITAL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in COPLAND Stock
COPLAND ROAD financial ratios help investors to determine whether COPLAND 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 COPLAND with respect to the benefits of owning COPLAND ROAD security.