CDL INVESTMENT (Germany) Market Value
| BXU Stock | EUR 0.43 0.01 2.38% |
| Symbol | CDL |
CDL INVESTMENT '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 CDL INVESTMENT'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 CDL INVESTMENT.
| 07/05/2024 |
| 08/04/2024 |
If you would invest 0.00 in CDL INVESTMENT on July 5, 2024 and sell it all today you would earn a total of 0.00 from holding CDL INVESTMENT or generate 0.0% return on investment in CDL INVESTMENT over 30 days. CDL INVESTMENT is related to or competes with Apple, Apple, Apple, Microsoft, and Microsoft. More
CDL INVESTMENT 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 CDL INVESTMENT'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 CDL INVESTMENT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.95 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.57 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.63 |
CDL INVESTMENT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CDL INVESTMENT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CDL INVESTMENT's standard deviation. In reality, there are many statistical measures that can use CDL INVESTMENT historical prices to predict the future CDL INVESTMENT's volatility.| Risk Adjusted Performance | 0.0135 | |||
| Jensen Alpha | 0.0592 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CDL INVESTMENT's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
CDL INVESTMENT Backtested Returns
At this point, CDL INVESTMENT is extremely dangerous. CDL INVESTMENT secures Sharpe Ratio (or Efficiency) of 0.0466, which signifies that the company had a 0.0466% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for CDL INVESTMENT, which you can use to evaluate the volatility of the firm. Please confirm CDL INVESTMENT's Risk Adjusted Performance of 0.0135, mean deviation of 1.36, and Semi Deviation of 1.62 to double-check if the risk estimate we provide is consistent with the expected return of 0.0909%. CDL INVESTMENT has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CDL INVESTMENT are expected to decrease at a much lower rate. During the bear market, CDL INVESTMENT is likely to outperform the market. CDL INVESTMENT at this time shows a risk of 1.95%. Please confirm CDL INVESTMENT jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to decide if CDL INVESTMENT will be following its price patterns.
Auto-correlation | -0.04 |
Very weak reverse predictability
CDL INVESTMENT has very weak reverse predictability. Overlapping area represents the amount of predictability between CDL INVESTMENT time series from 5th of July 2024 to 20th of July 2024 and 20th of July 2024 to 4th of August 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 CDL INVESTMENT price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current CDL INVESTMENT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CDL INVESTMENT lagged returns against current returns
Autocorrelation, which is CDL INVESTMENT 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 CDL INVESTMENT's stock expected returns. We can calculate the autocorrelation of CDL INVESTMENT returns to help us make a trade decision. For example, suppose you find that CDL INVESTMENT 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 |
CDL INVESTMENT 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 CDL INVESTMENT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CDL INVESTMENT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CDL INVESTMENT stock over time.
Current vs Lagged Prices |
| Timeline |
CDL INVESTMENT Lagged Returns
When evaluating CDL INVESTMENT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CDL INVESTMENT stock have on its future price. CDL INVESTMENT 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, CDL INVESTMENT autocorrelation shows the relationship between CDL INVESTMENT stock current value and its past values and can show if there is a momentum factor associated with investing in CDL INVESTMENT.
Regressed Prices |
| Timeline |
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Other Information on Investing in CDL Stock
CDL INVESTMENT financial ratios help investors to determine whether CDL 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 CDL with respect to the benefits of owning CDL INVESTMENT security.