Computershare Limited Stock Market Value
| CMSQF Stock | USD 18.85 0.00 0.00% |
| Symbol | Computershare |
Computershare '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 Computershare's pink sheet 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 Computershare.
| 08/01/2024 |
| 12/29/2024 |
If you would invest 0.00 in Computershare on August 1, 2024 and sell it all today you would earn a total of 0.00 from holding Computershare Limited or generate 0.0% return on investment in Computershare over 150 days. Computershare is related to or competes with OFX Group, CreditRiskMonitorCom, and Bitcoin Well. Computershare Limited provides issuer, employee share plans and voucher, business, communication and utilities, technolo... More
Computershare 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 Computershare's pink sheet 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 Computershare Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1084 | |||
| Maximum Drawdown | 6.44 |
Computershare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Computershare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Computershare's standard deviation. In reality, there are many statistical measures that can use Computershare historical prices to predict the future Computershare's volatility.| Risk Adjusted Performance | 0.1143 | |||
| Jensen Alpha | 0.1276 | |||
| Total Risk Alpha | 0.1016 | |||
| Treynor Ratio | 1.87 |
Computershare Limited Backtested Returns
At this point, Computershare is very steady. Computershare Limited secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Computershare Limited, which you can use to evaluate the volatility of the firm. Please confirm Computershare's Mean Deviation of 0.3225, risk adjusted performance of 0.1143, and Standard Deviation of 0.9867 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Computershare has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0692, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Computershare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Computershare is expected to be smaller as well. Computershare Limited right now shows a risk of 1.0%. Please confirm Computershare Limited standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to decide if Computershare Limited will be following its price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
Computershare Limited has virtually no predictability. Overlapping area represents the amount of predictability between Computershare time series from 1st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 Computershare Limited price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Computershare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Computershare Limited lagged returns against current returns
Autocorrelation, which is Computershare pink sheet'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 Computershare's pink sheet expected returns. We can calculate the autocorrelation of Computershare returns to help us make a trade decision. For example, suppose you find that Computershare has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Computershare 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 Computershare pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Computershare pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Computershare pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Computershare Lagged Returns
When evaluating Computershare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Computershare pink sheet have on its future price. Computershare 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, Computershare autocorrelation shows the relationship between Computershare pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Computershare Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Computershare Pink Sheet
Computershare financial ratios help investors to determine whether Computershare Pink Sheet 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 Computershare with respect to the benefits of owning Computershare security.