Costain Group (UK) Market Value
| COST Stock | 156.40 2.00 1.30% |
| Symbol | Costain |
Costain 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 Costain 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 Costain Group.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Costain Group on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Costain Group PLC or generate 0.0% return on investment in Costain Group over 90 days. Costain Group is related to or competes with Walmart, Amazon, BYD, Volkswagen, Volkswagen, Deutsche Post, and Compass Group. Costain Group is entity of United Kingdom More
Costain 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 Costain 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 Costain Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.13 | |||
| Information Ratio | 0.3492 | |||
| Maximum Drawdown | 10.57 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 3.54 |
Costain Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Costain Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Costain Group's standard deviation. In reality, there are many statistical measures that can use Costain Group historical prices to predict the future Costain Group's volatility.| Risk Adjusted Performance | 0.4133 | |||
| Jensen Alpha | 0.6841 | |||
| Total Risk Alpha | 0.462 | |||
| Sortino Ratio | 0.4899 | |||
| Treynor Ratio | (262.98) |
Costain Group PLC Backtested Returns
Costain Group appears to be very steady, given 3 months investment horizon. Costain Group PLC secures Sharpe Ratio (or Efficiency) of 0.43, which signifies that the company had a 0.43 % return per unit of risk over the last 3 months. By analyzing Costain Group's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please makes use of Costain Group's Risk Adjusted Performance of 0.4133, downside deviation of 1.13, and Mean Deviation of 1.14 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Costain Group holds a performance score of 33. The firm shows a Beta (market volatility) of -0.0026, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Costain Group are expected to decrease at a much lower rate. During the bear market, Costain Group is likely to outperform the market. Please check Costain Group's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Costain Group's price patterns will revert.
Auto-correlation | 0.93 |
Excellent predictability
Costain Group PLC has excellent predictability. Overlapping area represents the amount of predictability between Costain 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 Costain Group PLC price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Costain Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 80.1 |
Costain Group PLC lagged returns against current returns
Autocorrelation, which is Costain 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 Costain Group's stock expected returns. We can calculate the autocorrelation of Costain Group returns to help us make a trade decision. For example, suppose you find that Costain 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 |
Costain 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 Costain Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Costain Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Costain Group stock over time.
Current vs Lagged Prices |
| Timeline |
Costain Group Lagged Returns
When evaluating Costain Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Costain Group stock have on its future price. Costain 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, Costain Group autocorrelation shows the relationship between Costain Group stock current value and its past values and can show if there is a momentum factor associated with investing in Costain 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.Additional Tools for Costain Stock Analysis
When running Costain Group's price analysis, check to measure Costain Group'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 Costain Group is operating at the current time. Most of Costain Group's value examination focuses on studying past and present price action to predict the probability of Costain Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Costain Group's price. Additionally, you may evaluate how the addition of Costain Group to your portfolios can decrease your overall portfolio volatility.