Compugroup Medical (Germany) Market Value
| COP Stock | EUR 16.19 0.40 2.53% |
| Symbol | Compugroup |
Compugroup Medical '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 Compugroup Medical'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 Compugroup Medical.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Compugroup Medical on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Compugroup Medical SE or generate 0.0% return on investment in Compugroup Medical over 540 days. Compugroup Medical is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, NorAm Drilling, Talanx AG, and Identiv. CompuGroup Medical Societas Europaea develops and sells software and information technology services for healthcare sect... More
Compugroup Medical 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 Compugroup Medical'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 Compugroup Medical SE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.36 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 12.99 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 4.42 |
Compugroup Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compugroup Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compugroup Medical's standard deviation. In reality, there are many statistical measures that can use Compugroup Medical historical prices to predict the future Compugroup Medical's volatility.| Risk Adjusted Performance | 0.0274 | |||
| Jensen Alpha | 0.0071 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1311 |
Compugroup Medical Backtested Returns
At this point, Compugroup Medical is not too volatile. Compugroup Medical secures Sharpe Ratio (or Efficiency) of 0.0394, which signifies that the company had a 0.0394% return per unit of risk over the last 3 months. We have found thirty technical indicators for Compugroup Medical SE, which you can use to evaluate the volatility of the firm. Please confirm Compugroup Medical's Downside Deviation of 2.36, risk adjusted performance of 0.0274, and Mean Deviation of 1.86 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. Compugroup Medical has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Compugroup Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Compugroup Medical is expected to be smaller as well. Compugroup Medical right now shows a risk of 2.56%. Please confirm Compugroup Medical standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to decide if Compugroup Medical will be following its price patterns.
Auto-correlation | 0.80 |
Very good predictability
Compugroup Medical SE has very good predictability. Overlapping area represents the amount of predictability between Compugroup Medical 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 Compugroup Medical price movement. The serial correlation of 0.8 indicates that around 80.0% of current Compugroup Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 38.07 |
Compugroup Medical lagged returns against current returns
Autocorrelation, which is Compugroup Medical 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 Compugroup Medical's stock expected returns. We can calculate the autocorrelation of Compugroup Medical returns to help us make a trade decision. For example, suppose you find that Compugroup Medical 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 |
Compugroup Medical 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 Compugroup Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compugroup Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compugroup Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Compugroup Medical Lagged Returns
When evaluating Compugroup Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compugroup Medical stock have on its future price. Compugroup Medical 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, Compugroup Medical autocorrelation shows the relationship between Compugroup Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Compugroup Medical SE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Compugroup Stock
Compugroup Medical financial ratios help investors to determine whether Compugroup 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 Compugroup with respect to the benefits of owning Compugroup Medical security.