Compagnie Financire (Switzerland) Market Value
| CFR Stock | CHF 136.30 0.70 0.52% |
| Symbol | Compagnie |
Compagnie Financire '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 Compagnie Financire'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 Compagnie Financire.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Compagnie Financire on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Compagnie Financire Richemont or generate 0.0% return on investment in Compagnie Financire over 30 days. Compagnie Financire is related to or competes with Swiss Life, Swisscom, Swiss Re, and Geberit AG. Compagnie Financire Richemont SA engages in the luxury goods business in Europe, the Middle East, Africa, Asia, and the ... More
Compagnie Financire 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 Compagnie Financire'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 Compagnie Financire Richemont upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.78 | |||
| Information Ratio | 0.0723 | |||
| Maximum Drawdown | 14.65 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 2.67 |
Compagnie Financire Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compagnie Financire's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compagnie Financire's standard deviation. In reality, there are many statistical measures that can use Compagnie Financire historical prices to predict the future Compagnie Financire's volatility.| Risk Adjusted Performance | 0.0959 | |||
| Jensen Alpha | 0.2282 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0795 | |||
| Treynor Ratio | 6.74 |
Compagnie Financire Backtested Returns
Compagnie Financire appears to be very steady, given 3 months investment horizon. Compagnie Financire secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Compagnie Financire Richemont, which you can use to evaluate the volatility of the firm. Please makes use of Compagnie Financire's Downside Deviation of 1.78, risk adjusted performance of 0.0959, and Mean Deviation of 1.39 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Compagnie Financire holds a performance score of 10. The firm shows a Beta (market volatility) of 0.0343, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Compagnie Financire's returns are expected to increase less than the market. However, during the bear market, the loss of holding Compagnie Financire is expected to be smaller as well. Please check Compagnie Financire's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Compagnie Financire's price patterns will revert.
Auto-correlation | 0.70 |
Good predictability
Compagnie Financire Richemont has good predictability. Overlapping area represents the amount of predictability between Compagnie Financire 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 Compagnie Financire price movement. The serial correlation of 0.7 indicates that around 70.0% of current Compagnie Financire price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 13.07 |
Compagnie Financire lagged returns against current returns
Autocorrelation, which is Compagnie Financire 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 Compagnie Financire's stock expected returns. We can calculate the autocorrelation of Compagnie Financire returns to help us make a trade decision. For example, suppose you find that Compagnie Financire 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 |
Compagnie Financire 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 Compagnie Financire stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compagnie Financire stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compagnie Financire stock over time.
Current vs Lagged Prices |
| Timeline |
Compagnie Financire Lagged Returns
When evaluating Compagnie Financire's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compagnie Financire stock have on its future price. Compagnie Financire 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, Compagnie Financire autocorrelation shows the relationship between Compagnie Financire stock current value and its past values and can show if there is a momentum factor associated with investing in Compagnie Financire Richemont.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Compagnie Stock Analysis
When running Compagnie Financire's price analysis, check to measure Compagnie Financire'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 Compagnie Financire is operating at the current time. Most of Compagnie Financire's value examination focuses on studying past and present price action to predict the probability of Compagnie Financire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compagnie Financire's price. Additionally, you may evaluate how the addition of Compagnie Financire to your portfolios can decrease your overall portfolio volatility.