CLEMONDO GROUP (Germany) Market Value

N17 Stock  EUR 0.05  0  5.31%   
CLEMONDO GROUP's market value is the price at which a share of CLEMONDO GROUP trades on a public exchange. It measures the collective expectations of CLEMONDO GROUP AB investors about its performance. CLEMONDO GROUP is trading at 0.0516 as of the 14th of December 2024. This is a 5.31 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0396.
With this module, you can estimate the performance of a buy and hold strategy of CLEMONDO GROUP AB and determine expected loss or profit from investing in CLEMONDO GROUP over a given investment horizon. Check out CLEMONDO GROUP Correlation, CLEMONDO GROUP Volatility and CLEMONDO GROUP Alpha and Beta module to complement your research on CLEMONDO GROUP.
Symbol

Please note, there is a significant difference between CLEMONDO GROUP's value and its price as these two are different measures arrived at by different means. Investors typically determine if CLEMONDO GROUP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CLEMONDO GROUP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

CLEMONDO GROUP '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 CLEMONDO GROUP'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 CLEMONDO GROUP.
0.00
11/14/2024
No Change 0.00  0.0 
In 31 days
12/14/2024
0.00
If you would invest  0.00  in CLEMONDO GROUP on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding CLEMONDO GROUP AB or generate 0.0% return on investment in CLEMONDO GROUP over 30 days. CLEMONDO GROUP is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More

CLEMONDO GROUP 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 CLEMONDO GROUP'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 CLEMONDO GROUP AB upside and downside potential and time the market with a certain degree of confidence.

CLEMONDO GROUP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CLEMONDO GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CLEMONDO GROUP's standard deviation. In reality, there are many statistical measures that can use CLEMONDO GROUP historical prices to predict the future CLEMONDO GROUP's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.0511.79
Details
Intrinsic
Valuation
LowRealHigh
0.000.0411.78
Details
Naive
Forecast
LowNextHigh
0.0010.0511.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.040.050.06
Details

CLEMONDO GROUP AB Backtested Returns

CLEMONDO GROUP appears to be out of control, given 3 months investment horizon. CLEMONDO GROUP AB secures Sharpe Ratio (or Efficiency) of 0.0308, which signifies that the company had a 0.0308% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CLEMONDO GROUP AB, which you can use to evaluate the volatility of the firm. Please makes use of CLEMONDO GROUP's Mean Deviation of 7.35, downside deviation of 9.66, and Risk Adjusted Performance of 0.0324 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CLEMONDO GROUP holds a performance score of 2. The firm shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. CLEMONDO GROUP returns are very sensitive to returns on the market. As the market goes up or down, CLEMONDO GROUP is expected to follow. Please check CLEMONDO GROUP's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether CLEMONDO GROUP's price patterns will revert.

Auto-correlation

    
  0.68  

Good predictability

CLEMONDO GROUP AB has good predictability. Overlapping area represents the amount of predictability between CLEMONDO GROUP time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 CLEMONDO GROUP AB price movement. The serial correlation of 0.68 indicates that around 68.0% of current CLEMONDO GROUP price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.51
Residual Average0.0
Price Variance0.0

CLEMONDO GROUP AB lagged returns against current returns

Autocorrelation, which is CLEMONDO GROUP 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 CLEMONDO GROUP's stock expected returns. We can calculate the autocorrelation of CLEMONDO GROUP returns to help us make a trade decision. For example, suppose you find that CLEMONDO GROUP 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  

CLEMONDO GROUP 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 CLEMONDO GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CLEMONDO GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CLEMONDO GROUP stock over time.
   Current vs Lagged Prices   
       Timeline  

CLEMONDO GROUP Lagged Returns

When evaluating CLEMONDO GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CLEMONDO GROUP stock have on its future price. CLEMONDO GROUP 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, CLEMONDO GROUP autocorrelation shows the relationship between CLEMONDO GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in CLEMONDO GROUP AB.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in CLEMONDO Stock

CLEMONDO GROUP financial ratios help investors to determine whether CLEMONDO 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 CLEMONDO with respect to the benefits of owning CLEMONDO GROUP security.