Cass Information (Germany) Market Value
| CC3 Stock | EUR 42.20 0.20 0.47% |
| Symbol | Cass |
Cass Information '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 Cass Information'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 Cass Information.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Cass Information on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Cass Information Systems or generate 0.0% return on investment in Cass Information over 540 days. Cass Information is related to or competes with Singapore Telecommunicatio, SBA Communications, Bank of America, Highlight Communications, and PARKEN Sport. Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and ... More
Cass Information 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 Cass Information'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 Cass Information Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.0377 | |||
| Maximum Drawdown | 8.4 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 3.24 |
Cass Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cass Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cass Information's standard deviation. In reality, there are many statistical measures that can use Cass Information historical prices to predict the future Cass Information's volatility.| Risk Adjusted Performance | 0.0874 | |||
| Jensen Alpha | 0.1272 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0358 | |||
| Treynor Ratio | 0.3736 |
Cass Information Systems Backtested Returns
At this point, Cass Information is very steady. Cass Information Systems secures Sharpe Ratio (or Efficiency) of 0.0869, which signifies that the company had a 0.0869% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cass Information Systems, which you can use to evaluate the volatility of the firm. Please confirm Cass Information's Mean Deviation of 1.33, downside deviation of 1.92, and Risk Adjusted Performance of 0.0874 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Cass Information has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cass Information's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cass Information is expected to be smaller as well. Cass Information Systems right now shows a risk of 1.83%. Please confirm Cass Information Systems total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Cass Information Systems will be following its price patterns.
Auto-correlation | 0.02 |
Virtually no predictability
Cass Information Systems has virtually no predictability. Overlapping area represents the amount of predictability between Cass Information time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 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 Cass Information Systems price movement. The serial correlation of 0.02 indicates that only 2.0% of current Cass Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 5.13 |
Cass Information Systems lagged returns against current returns
Autocorrelation, which is Cass Information 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 Cass Information's stock expected returns. We can calculate the autocorrelation of Cass Information returns to help us make a trade decision. For example, suppose you find that Cass Information 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 |
Cass Information 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 Cass Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cass Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cass Information stock over time.
Current vs Lagged Prices |
| Timeline |
Cass Information Lagged Returns
When evaluating Cass Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cass Information stock have on its future price. Cass Information 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, Cass Information autocorrelation shows the relationship between Cass Information stock current value and its past values and can show if there is a momentum factor associated with investing in Cass Information Systems.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Cass Stock
When determining whether Cass Information Systems is a strong investment it is important to analyze Cass Information's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cass Information's future performance. For an informed investment choice regarding Cass Stock, refer to the following important reports:Check out Cass Information Correlation, Cass Information Volatility and Cass Information Alpha and Beta module to complement your research on Cass Information. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Cass Information technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.