CASTA DIVA (Germany) Market Value
| 99C Stock | EUR 1.17 0.01 0.85% |
| Symbol | CASTA |
CASTA DIVA '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 CASTA DIVA'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 CASTA DIVA.
| 02/25/2023 |
| 12/16/2024 |
If you would invest 0.00 in CASTA DIVA on February 25, 2023 and sell it all today you would earn a total of 0.00 from holding CASTA DIVA GROUP or generate 0.0% return on investment in CASTA DIVA over 660 days. CASTA DIVA is related to or competes with ANGLER GAMING, EAST SIDE, Penn National, Japan Tobacco, TSOGO SUN, and National Storage. Cotiviti Holdings, Inc., through its subsidiaries, provides analytics-driven payment accuracy and spend management solut... More
CASTA DIVA 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 CASTA DIVA'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 CASTA DIVA GROUP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.32 | |||
| Information Ratio | 0.08 | |||
| Maximum Drawdown | 14.85 | |||
| Value At Risk | (5.43) | |||
| Potential Upside | 5.26 |
CASTA DIVA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CASTA DIVA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CASTA DIVA's standard deviation. In reality, there are many statistical measures that can use CASTA DIVA historical prices to predict the future CASTA DIVA's volatility.| Risk Adjusted Performance | 0.0915 | |||
| Jensen Alpha | 0.2486 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.067 | |||
| Treynor Ratio | 0.44 |
CASTA DIVA GROUP Backtested Returns
CASTA DIVA appears to be dangerous, given 3 months investment horizon. CASTA DIVA GROUP secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for CASTA DIVA GROUP, which you can use to evaluate the volatility of the entity. Please makes use of CASTA DIVA's Mean Deviation of 2.06, coefficient of variation of 862.02, and Market Risk Adjusted Performance of 0.45 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CASTA DIVA holds a performance score of 9. The firm shows a Beta (market volatility) of 0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CASTA DIVA's returns are expected to increase less than the market. However, during the bear market, the loss of holding CASTA DIVA is expected to be smaller as well. Please check CASTA DIVA's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether CASTA DIVA's price patterns will revert.
Auto-correlation | -0.42 |
Modest reverse predictability
CASTA DIVA GROUP has modest reverse predictability. Overlapping area represents the amount of predictability between CASTA DIVA time series from 25th of February 2023 to 21st of January 2024 and 21st of January 2024 to 16th 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 CASTA DIVA GROUP price movement. The serial correlation of -0.42 indicates that just about 42.0% of current CASTA DIVA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
CASTA DIVA GROUP lagged returns against current returns
Autocorrelation, which is CASTA DIVA 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 CASTA DIVA's stock expected returns. We can calculate the autocorrelation of CASTA DIVA returns to help us make a trade decision. For example, suppose you find that CASTA DIVA 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 |
CASTA DIVA 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 CASTA DIVA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CASTA DIVA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CASTA DIVA stock over time.
Current vs Lagged Prices |
| Timeline |
CASTA DIVA Lagged Returns
When evaluating CASTA DIVA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CASTA DIVA stock have on its future price. CASTA DIVA 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, CASTA DIVA autocorrelation shows the relationship between CASTA DIVA stock current value and its past values and can show if there is a momentum factor associated with investing in CASTA DIVA GROUP.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CASTA Stock
CASTA DIVA financial ratios help investors to determine whether CASTA 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 CASTA with respect to the benefits of owning CASTA DIVA security.