Chemring Group (UK) Market Value
| CHG Stock | 560.00 7.00 1.27% |
| Symbol | Chemring |
Chemring Group '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 Chemring Group'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 Chemring Group.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Chemring Group on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Chemring Group PLC or generate 0.0% return on investment in Chemring Group over 90 days. Chemring Group is related to or competes with European Metals, MyHealthChecked Plc, Naturhouse Health, Universal Health, HCA Healthcare, Inspiration Healthcare, and Bellevue Healthcare. Chemring Group is entity of United Kingdom More
Chemring Group 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 Chemring Group'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 Chemring Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | 0.2181 | |||
| Maximum Drawdown | 10.38 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 4.87 |
Chemring Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chemring Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chemring Group's standard deviation. In reality, there are many statistical measures that can use Chemring Group historical prices to predict the future Chemring Group's volatility.| Risk Adjusted Performance | 0.2742 | |||
| Jensen Alpha | 0.5662 | |||
| Total Risk Alpha | 0.2884 | |||
| Sortino Ratio | 0.2613 | |||
| Treynor Ratio | 14.91 |
Chemring Group PLC Backtested Returns
Chemring Group appears to be very steady, given 3 months investment horizon. Chemring Group PLC secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the company had a 0.31 % return per unit of standard deviation over the last 3 months. By analyzing Chemring Group's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of Chemring Group's mean deviation of 1.46, and Risk Adjusted Performance of 0.2742 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Chemring Group holds a performance score of 24. The firm shows a Beta (market volatility) of 0.0383, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chemring Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chemring Group is expected to be smaller as well. Please check Chemring Group's semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Chemring Group's price patterns will revert.
Auto-correlation | -0.49 |
Modest reverse predictability
Chemring Group PLC has modest reverse predictability. Overlapping area represents the amount of predictability between Chemring Group 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 Chemring Group PLC price movement. The serial correlation of -0.49 indicates that about 49.0% of current Chemring Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 109.04 |
Chemring Group PLC lagged returns against current returns
Autocorrelation, which is Chemring Group 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 Chemring Group's stock expected returns. We can calculate the autocorrelation of Chemring Group returns to help us make a trade decision. For example, suppose you find that Chemring Group 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 |
Chemring Group 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 Chemring Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chemring Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chemring Group stock over time.
Current vs Lagged Prices |
| Timeline |
Chemring Group Lagged Returns
When evaluating Chemring Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chemring Group stock have on its future price. Chemring Group 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, Chemring Group autocorrelation shows the relationship between Chemring Group stock current value and its past values and can show if there is a momentum factor associated with investing in Chemring Group PLC.
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.Other Information on Investing in Chemring Stock
Chemring Group financial ratios help investors to determine whether Chemring 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 Chemring with respect to the benefits of owning Chemring Group security.