Comet Holding (UK) Market Value
| 0ROQ Stock | 287.60 1.60 0.55% |
| Symbol | Comet |
Comet Holding '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 Comet Holding'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 Comet Holding.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Comet Holding on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Comet Holding AG or generate 0.0% return on investment in Comet Holding over 90 days. Comet Holding is related to or competes with Clean Power, Erste Group, Lendinvest PLC, Commerzbank, Bloomsbury Publishing, MTI Wireless, and Cembra Money. Comet Holding is entity of United Kingdom More
Comet Holding 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 Comet Holding'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 Comet Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.2033 | |||
| Maximum Drawdown | 8.99 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 3.98 |
Comet Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comet Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Comet Holding's standard deviation. In reality, there are many statistical measures that can use Comet Holding historical prices to predict the future Comet Holding's volatility.| Risk Adjusted Performance | 0.2644 | |||
| Jensen Alpha | 0.5878 | |||
| Total Risk Alpha | 0.248 | |||
| Sortino Ratio | 0.2465 | |||
| Treynor Ratio | (1.32) |
Comet Holding AG Backtested Returns
Comet Holding appears to be very steady, given 3 months investment horizon. Comet Holding AG secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Comet Holding AG, which you can use to evaluate the volatility of the firm. Please makes use of Comet Holding's Mean Deviation of 1.49, risk adjusted performance of 0.2644, and Downside Deviation of 1.61 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Comet Holding holds a performance score of 20. The firm shows a Beta (market volatility) of -0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Comet Holding are expected to decrease at a much lower rate. During the bear market, Comet Holding is likely to outperform the market. Please check Comet Holding's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Comet Holding's price patterns will revert.
Auto-correlation | 0.38 |
Below average predictability
Comet Holding AG has below average predictability. Overlapping area represents the amount of predictability between Comet Holding time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Comet Holding AG price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Comet Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 346.92 |
Comet Holding AG lagged returns against current returns
Autocorrelation, which is Comet Holding 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 Comet Holding's stock expected returns. We can calculate the autocorrelation of Comet Holding returns to help us make a trade decision. For example, suppose you find that Comet Holding 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 |
Comet Holding 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 Comet Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Comet Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Comet Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Comet Holding Lagged Returns
When evaluating Comet Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Comet Holding stock have on its future price. Comet Holding 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, Comet Holding autocorrelation shows the relationship between Comet Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Comet Holding AG.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Comet Stock Analysis
When running Comet Holding's price analysis, check to measure Comet Holding'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 Comet Holding is operating at the current time. Most of Comet Holding's value examination focuses on studying past and present price action to predict the probability of Comet Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comet Holding's price. Additionally, you may evaluate how the addition of Comet Holding to your portfolios can decrease your overall portfolio volatility.