Computer (Germany) Market Value
| CVB Stock | EUR 0.18 0.01 5.26% |
| Symbol | Computer |
Computer '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 Computer'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 Computer.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Computer on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Computer And Technologies or generate 0.0% return on investment in Computer over 720 days. Computer is related to or competes with International Business, FUJITSU, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and Talanx AG. Computer And Technologies Holdings Limited, an investment holding company, provides information technology solutions for... More
Computer 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 Computer'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 Computer And Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0275 | |||
| Maximum Drawdown | 36.51 | |||
| Value At Risk | (4.76) |
Computer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Computer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Computer's standard deviation. In reality, there are many statistical measures that can use Computer historical prices to predict the future Computer's volatility.| Risk Adjusted Performance | 0.0543 | |||
| Jensen Alpha | 0.2163 | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | 1.17 |
Computer And Technologies Backtested Returns
Computer And Technologies 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. Computer And Technologies exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Computer's Mean Deviation of 1.22, standard deviation of 4.19, and Risk Adjusted Performance of 0.0543 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Computer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Computer is expected to be smaller as well. At this point, Computer And Technologies has a negative expected return of -0.22%. Please make sure to confirm Computer's variance, jensen alpha, value at risk, as well as the relationship between the information ratio and total risk alpha , to decide if Computer And Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.90 |
Excellent predictability
Computer And Technologies has excellent predictability. Overlapping area represents the amount of predictability between Computer time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Computer And Technologies price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Computer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Computer And Technologies lagged returns against current returns
Autocorrelation, which is Computer 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 Computer's stock expected returns. We can calculate the autocorrelation of Computer returns to help us make a trade decision. For example, suppose you find that Computer 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 |
Computer 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 Computer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Computer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Computer stock over time.
Current vs Lagged Prices |
| Timeline |
Computer Lagged Returns
When evaluating Computer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Computer stock have on its future price. Computer 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, Computer autocorrelation shows the relationship between Computer stock current value and its past values and can show if there is a momentum factor associated with investing in Computer And Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Computer Stock
Computer financial ratios help investors to determine whether Computer 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 Computer with respect to the benefits of owning Computer security.