Comtech Telecommunicatio (Germany) Market Value
| CC6 Stock | 2.12 0.02 0.95% |
| Symbol | Comtech |
Comtech Telecommunicatio '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 Comtech Telecommunicatio'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 Comtech Telecommunicatio.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Comtech Telecommunicatio on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Comtech Telecommunications Corp or generate 0.0% return on investment in Comtech Telecommunicatio over 90 days. Comtech Telecommunicatio is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
Comtech Telecommunicatio 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 Comtech Telecommunicatio'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 Comtech Telecommunications Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.17 | |||
| Information Ratio | 0.1474 | |||
| Maximum Drawdown | 33.46 | |||
| Value At Risk | (8.93) | |||
| Potential Upside | 12.0 |
Comtech Telecommunicatio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comtech Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Comtech Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use Comtech Telecommunicatio historical prices to predict the future Comtech Telecommunicatio's volatility.| Risk Adjusted Performance | 0.1683 | |||
| Jensen Alpha | 1.0 | |||
| Total Risk Alpha | 0.1746 | |||
| Sortino Ratio | 0.1416 | |||
| Treynor Ratio | 31.59 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Comtech Telecommunicatio'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.
Comtech Telecommunicatio Backtested Returns
Comtech Telecommunicatio is dangerous given 3 months investment horizon. Comtech Telecommunicatio secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2 % return per unit of risk over the last 3 months. We are able to break down and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.17% are justified by taking the suggested risk. Use Comtech Telecommunicatio Downside Deviation of 6.17, mean deviation of 4.27, and Risk Adjusted Performance of 0.1683 to evaluate company specific risk that cannot be diversified away. Comtech Telecommunicatio holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0318, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Comtech Telecommunicatio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Comtech Telecommunicatio is expected to be smaller as well. Use Comtech Telecommunicatio standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to analyze future returns on Comtech Telecommunicatio.
Auto-correlation | 0.77 |
Good predictability
Comtech Telecommunications Corp has good predictability. Overlapping area represents the amount of predictability between Comtech Telecommunicatio time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Comtech Telecommunicatio price movement. The serial correlation of 0.77 indicates that around 77.0% of current Comtech Telecommunicatio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Comtech Telecommunicatio lagged returns against current returns
Autocorrelation, which is Comtech Telecommunicatio 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 Comtech Telecommunicatio's stock expected returns. We can calculate the autocorrelation of Comtech Telecommunicatio returns to help us make a trade decision. For example, suppose you find that Comtech Telecommunicatio 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 |
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Comtech Telecommunicatio 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 Comtech Telecommunicatio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Comtech Telecommunicatio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Comtech Telecommunicatio stock over time.
Current vs Lagged Prices |
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Comtech Telecommunicatio Lagged Returns
When evaluating Comtech Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Comtech Telecommunicatio stock have on its future price. Comtech Telecommunicatio 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, Comtech Telecommunicatio autocorrelation shows the relationship between Comtech Telecommunicatio stock current value and its past values and can show if there is a momentum factor associated with investing in Comtech Telecommunications Corp.
Regressed Prices |
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Additional Tools for Comtech Stock Analysis
When running Comtech Telecommunicatio's price analysis, check to measure Comtech Telecommunicatio'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 Comtech Telecommunicatio is operating at the current time. Most of Comtech Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Comtech Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comtech Telecommunicatio's price. Additionally, you may evaluate how the addition of Comtech Telecommunicatio to your portfolios can decrease your overall portfolio volatility.