Cigna (Germany) Market Value
| CGN Stock | EUR 256.20 4.30 1.65% |
| Symbol | Cigna |
Cigna '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 Cigna'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 Cigna.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Cigna on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Cigna or generate 0.0% return on investment in Cigna over 90 days. Cigna is related to or competes with UnitedHealth Group, Anthem, CLOVER HEALTH. Cigna Corporation provides insurance and related products and services in the United States More
Cigna 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 Cigna'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 Cigna upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 11.18 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 2.51 |
Cigna Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cigna's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cigna's standard deviation. In reality, there are many statistical measures that can use Cigna historical prices to predict the future Cigna's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 0.8037 |
Cigna Backtested Returns
Cigna secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1 % return per unit of risk over the last 3 months. Cigna exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cigna's Standard Deviation of 1.7, mean deviation of 1.02, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cigna are expected to decrease at a much lower rate. During the bear market, Cigna is likely to outperform the market. At this point, Cigna has a negative expected return of -0.18%. Please make sure to confirm Cigna's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Cigna performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
Cigna has below average predictability. Overlapping area represents the amount of predictability between Cigna 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 Cigna price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Cigna price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 44.47 |
Cigna lagged returns against current returns
Autocorrelation, which is Cigna 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 Cigna's stock expected returns. We can calculate the autocorrelation of Cigna returns to help us make a trade decision. For example, suppose you find that Cigna 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 |
Cigna 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 Cigna stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cigna stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cigna stock over time.
Current vs Lagged Prices |
| Timeline |
Cigna Lagged Returns
When evaluating Cigna's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cigna stock have on its future price. Cigna 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, Cigna autocorrelation shows the relationship between Cigna stock current value and its past values and can show if there is a momentum factor associated with investing in Cigna.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cigna Stock
Cigna financial ratios help investors to determine whether Cigna 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 Cigna with respect to the benefits of owning Cigna security.