Constellation Software (Germany) Market Value
| W9C Stock | EUR 3,190 25.00 0.78% |
| Symbol | Constellation |
Please note, there is a significant difference between Constellation Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Constellation Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Constellation Software'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.
Constellation Software '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 Constellation Software'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 Constellation Software.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Constellation Software on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Constellation Software or generate 0.0% return on investment in Constellation Software over 540 days. Constellation Software is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
Constellation Software 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 Constellation Software'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 Constellation Software upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.0527 | |||
| Maximum Drawdown | 5.85 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 2.34 |
Constellation Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Constellation Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Constellation Software's standard deviation. In reality, there are many statistical measures that can use Constellation Software historical prices to predict the future Constellation Software's volatility.| Risk Adjusted Performance | 0.1254 | |||
| Jensen Alpha | 0.1041 | |||
| Total Risk Alpha | (0.000015) | |||
| Sortino Ratio | 0.0415 | |||
| Treynor Ratio | 0.279 |
Constellation Software Backtested Returns
Currently, Constellation Software is very steady. Constellation Software secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Constellation Software, which you can use to evaluate the volatility of the firm. Please confirm Constellation Software's Risk Adjusted Performance of 0.1254, mean deviation of 0.832, and Downside Deviation of 1.49 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Constellation Software has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Constellation Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding Constellation Software is expected to be smaller as well. Constellation Software right now shows a risk of 1.16%. Please confirm Constellation Software sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Constellation Software will be following its price patterns.
Auto-correlation | 0.84 |
Very good predictability
Constellation Software has very good predictability. Overlapping area represents the amount of predictability between Constellation Software 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 Constellation Software price movement. The serial correlation of 0.84 indicates that around 84.0% of current Constellation Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 34.8 K |
Constellation Software lagged returns against current returns
Autocorrelation, which is Constellation Software 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 Constellation Software's stock expected returns. We can calculate the autocorrelation of Constellation Software returns to help us make a trade decision. For example, suppose you find that Constellation Software 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 |
Constellation Software 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 Constellation Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Constellation Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Constellation Software stock over time.
Current vs Lagged Prices |
| Timeline |
Constellation Software Lagged Returns
When evaluating Constellation Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Constellation Software stock have on its future price. Constellation Software 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, Constellation Software autocorrelation shows the relationship between Constellation Software stock current value and its past values and can show if there is a momentum factor associated with investing in Constellation Software.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Constellation Stock Analysis
When running Constellation Software's price analysis, check to measure Constellation Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Constellation Software is operating at the current time. Most of Constellation Software's value examination focuses on studying past and present price action to predict the probability of Constellation Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Constellation Software's price. Additionally, you may evaluate how the addition of Constellation Software to your portfolios can decrease your overall portfolio volatility.