Crown Holdings (Germany) Market Value
| CWN Stock | EUR 83.12 0.02 0.02% |
| Symbol | Crown |
Crown Holdings '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 Crown Holdings' 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 Crown Holdings.
| 12/17/2023 |
| 12/11/2024 |
If you would invest 0.00 in Crown Holdings on December 17, 2023 and sell it all today you would earn a total of 0.00 from holding Crown Holdings or generate 0.0% return on investment in Crown Holdings over 360 days. Crown Holdings is related to or competes with Packaging, Graphic Packaging, Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, and RYOHIN UNSPADR1. Crown Holdings, Inc. designs, manufactures, and sells packaging products and equipment for consumer goods and industrial... More
Crown Holdings 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 Crown Holdings' 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 Crown Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 6.93 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 2.25 |
Crown Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crown Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crown Holdings' standard deviation. In reality, there are many statistical measures that can use Crown Holdings historical prices to predict the future Crown Holdings' volatility.| Risk Adjusted Performance | 0.023 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.056 |
Crown Holdings Backtested Returns
At this point, Crown Holdings is very steady. Crown Holdings secures Sharpe Ratio (or Efficiency) of 0.0366, which signifies that the company had a 0.0366% return per unit of risk over the last 3 months. We have found thirty technical indicators for Crown Holdings, which you can use to evaluate the volatility of the firm. Please confirm Crown Holdings' Downside Deviation of 1.17, risk adjusted performance of 0.023, and Mean Deviation of 0.9828 to double-check if the risk estimate we provide is consistent with the expected return of 0.0469%. Crown Holdings has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Crown Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Crown Holdings is expected to be smaller as well. Crown Holdings right now shows a risk of 1.28%. Please confirm Crown Holdings jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if Crown Holdings will be following its price patterns.
Auto-correlation | -0.51 |
Good reverse predictability
Crown Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Crown Holdings time series from 17th of December 2023 to 14th of June 2024 and 14th of June 2024 to 11th 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 Crown Holdings price movement. The serial correlation of -0.51 indicates that about 51.0% of current Crown Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 42.41 |
Crown Holdings lagged returns against current returns
Autocorrelation, which is Crown Holdings 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 Crown Holdings' stock expected returns. We can calculate the autocorrelation of Crown Holdings returns to help us make a trade decision. For example, suppose you find that Crown Holdings 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 |
Crown Holdings 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 Crown Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crown Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crown Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Crown Holdings Lagged Returns
When evaluating Crown Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crown Holdings stock have on its future price. Crown Holdings 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, Crown Holdings autocorrelation shows the relationship between Crown Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Crown Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Crown Stock
When determining whether Crown Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Crown Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Crown Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Crown Holdings Stock:Check out Crown Holdings Correlation, Crown Holdings Volatility and Crown Holdings Alpha and Beta module to complement your research on Crown Holdings. For more detail on how to invest in Crown Stock please use our How to Invest in Crown Holdings guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Crown Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.