CAG Group (Sweden) Market Value
| CAG Stock | 111.00 2.00 1.83% |
| Symbol | CAG |
CAG 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 CAG 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 CAG Group.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in CAG Group on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding CAG Group AB or generate 0.0% return on investment in CAG Group over 690 days. CAG Group is related to or competes with DevPort AB, B3 Consulting, and Micro Systemation. More
CAG 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 CAG 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 CAG Group AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.88 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.38 |
CAG Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CAG Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CAG Group's standard deviation. In reality, there are many statistical measures that can use CAG Group historical prices to predict the future CAG Group's volatility.| Risk Adjusted Performance | 0.0166 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0691 |
CAG Group AB Backtested Returns
Currently, CAG Group AB is very steady. CAG Group AB secures Sharpe Ratio (or Efficiency) of 0.0196, which signifies that the company had a 0.0196% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for CAG Group AB, which you can use to evaluate the volatility of the entity. Please confirm CAG Group's Coefficient Of Variation of 5185.41, downside deviation of 1.02, and Mean Deviation of 0.6588 to double-check if the risk estimate we provide is consistent with the expected return of 0.0185%. CAG Group has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CAG Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding CAG Group is expected to be smaller as well. CAG Group AB at this moment shows a risk of 0.95%. Please confirm CAG Group AB maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if CAG Group AB will be following its price patterns.
Auto-correlation | 0.26 |
Poor predictability
CAG Group AB has poor predictability. Overlapping area represents the amount of predictability between CAG Group time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 CAG Group AB price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current CAG Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 13.74 |
CAG Group AB lagged returns against current returns
Autocorrelation, which is CAG 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 CAG Group's stock expected returns. We can calculate the autocorrelation of CAG Group returns to help us make a trade decision. For example, suppose you find that CAG 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 |
CAG 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 CAG Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CAG Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CAG Group stock over time.
Current vs Lagged Prices |
| Timeline |
CAG Group Lagged Returns
When evaluating CAG Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CAG Group stock have on its future price. CAG 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, CAG Group autocorrelation shows the relationship between CAG Group stock current value and its past values and can show if there is a momentum factor associated with investing in CAG Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for CAG Stock Analysis
When running CAG Group's price analysis, check to measure CAG Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CAG Group is operating at the current time. Most of CAG Group's value examination focuses on studying past and present price action to predict the probability of CAG Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CAG Group's price. Additionally, you may evaluate how the addition of CAG Group to your portfolios can decrease your overall portfolio volatility.