Clarkson (UK) Market Value
| CKN Stock | 3,995 65.00 1.65% |
| Symbol | Clarkson |
Clarkson '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 Clarkson'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 Clarkson.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Clarkson on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Clarkson or generate 0.0% return on investment in Clarkson over 30 days. Clarkson is related to or competes with Mercantile Investment, Herald Investment, Central Asia, Lowland Investment, Wheaton Precious, Flow Traders, and Odyssean Investment. Clarkson is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Clarkson 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 Clarkson'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 Clarkson upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.0109 | |||
| Maximum Drawdown | 11.08 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 1.92 |
Clarkson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clarkson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clarkson's standard deviation. In reality, there are many statistical measures that can use Clarkson historical prices to predict the future Clarkson's volatility.| Risk Adjusted Performance | 0.0666 | |||
| Jensen Alpha | 0.0937 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0134 | |||
| Treynor Ratio | 0.4563 |
Clarkson Backtested Returns
At this point, Clarkson is very steady. Clarkson secures Sharpe Ratio (or Efficiency) of 0.0916, which signifies that the company had a 0.0916% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Clarkson, which you can use to evaluate the volatility of the firm. Please confirm Clarkson's mean deviation of 1.07, and Risk Adjusted Performance of 0.0666 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Clarkson has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Clarkson's returns are expected to increase less than the market. However, during the bear market, the loss of holding Clarkson is expected to be smaller as well. Clarkson right now shows a risk of 1.63%. Please confirm Clarkson mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to decide if Clarkson will be following its price patterns.
Auto-correlation | 0.64 |
Good predictability
Clarkson has good predictability. Overlapping area represents the amount of predictability between Clarkson time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Clarkson price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Clarkson price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 24.8 K |
Clarkson lagged returns against current returns
Autocorrelation, which is Clarkson 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 Clarkson's stock expected returns. We can calculate the autocorrelation of Clarkson returns to help us make a trade decision. For example, suppose you find that Clarkson 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 |
Clarkson 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 Clarkson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clarkson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clarkson stock over time.
Current vs Lagged Prices |
| Timeline |
Clarkson Lagged Returns
When evaluating Clarkson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clarkson stock have on its future price. Clarkson 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, Clarkson autocorrelation shows the relationship between Clarkson stock current value and its past values and can show if there is a momentum factor associated with investing in Clarkson.
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.Other Information on Investing in Clarkson Stock
Clarkson financial ratios help investors to determine whether Clarkson 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 Clarkson with respect to the benefits of owning Clarkson security.