Currenc Group Ordinary Stock Market Value
| CURR Stock | USD 1.45 0.07 4.61% |
| Symbol | Currenc |
Currenc Group Ordinary Price To Book Ratio
Is Transaction & Payment Processing Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Currenc Group. If investors know Currenc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Currenc Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Currenc Group Ordinary is measured differently than its book value, which is the value of Currenc that is recorded on the company's balance sheet. Investors also form their own opinion of Currenc Group's value that differs from its market value or its book value, called intrinsic value, which is Currenc Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Currenc Group's market value can be influenced by many factors that don't directly affect Currenc Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Currenc Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Currenc Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Currenc Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Currenc 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 Currenc 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 Currenc Group.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Currenc Group on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Currenc Group Ordinary or generate 0.0% return on investment in Currenc Group over 90 days. Currenc Group is related to or competes with HLS Therapeutics, and Crescita Therapeutics. CURE Pharmaceutical Holding Corp., a biopharmaceutical company, focuses on the development and manufacturing of drug for... More
Currenc 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 Currenc 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 Currenc Group Ordinary upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.25 | |||
| Information Ratio | 0.0415 | |||
| Maximum Drawdown | 124.84 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 19.44 |
Currenc Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Currenc Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Currenc Group's standard deviation. In reality, there are many statistical measures that can use Currenc Group historical prices to predict the future Currenc Group's volatility.| Risk Adjusted Performance | 0.0569 | |||
| Jensen Alpha | 0.7193 | |||
| Total Risk Alpha | (1.35) | |||
| Sortino Ratio | 0.061 | |||
| Treynor Ratio | 2.74 |
Currenc Group Ordinary Backtested Returns
Currenc Group is out of control given 3 months investment horizon. Currenc Group Ordinary secures Sharpe Ratio (or Efficiency) of 0.0652, which signifies that the company had a 0.0652 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Currenc Group Risk Adjusted Performance of 0.0569, mean deviation of 8.37, and Downside Deviation of 10.25 to evaluate company specific risk that cannot be diversified away. Currenc Group holds a performance score of 5 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Currenc Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Currenc Group is expected to be smaller as well. Use Currenc Group value at risk, as well as the relationship between the kurtosis and price action indicator , to analyze future returns on Currenc Group.
Auto-correlation | -0.92 |
Near perfect reversele predictability
Currenc Group Ordinary has near perfect reversele predictability. Overlapping area represents the amount of predictability between Currenc Group time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th 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 Currenc Group Ordinary price movement. The serial correlation of -0.92 indicates that approximately 92.0% of current Currenc Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.92 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Currenc Group Ordinary lagged returns against current returns
Autocorrelation, which is Currenc 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 Currenc Group's stock expected returns. We can calculate the autocorrelation of Currenc Group returns to help us make a trade decision. For example, suppose you find that Currenc 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 |
Currenc 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 Currenc Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Currenc Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Currenc Group stock over time.
Current vs Lagged Prices |
| Timeline |
Currenc Group Lagged Returns
When evaluating Currenc Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Currenc Group stock have on its future price. Currenc 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, Currenc Group autocorrelation shows the relationship between Currenc Group stock current value and its past values and can show if there is a momentum factor associated with investing in Currenc Group Ordinary.
Regressed Prices |
| Timeline |
Pair Trading with Currenc Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Currenc Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Currenc Group will appreciate offsetting losses from the drop in the long position's value.Moving against Currenc Stock
| 0.54 | V | Visa Class A | PairCorr |
| 0.54 | AC | Associated Capital | PairCorr |
| 0.52 | LU | Lufax Holding | PairCorr |
| 0.51 | MA | Mastercard | PairCorr |
The ability to find closely correlated positions to Currenc Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Currenc Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Currenc Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Currenc Group Ordinary to buy it.
The correlation of Currenc Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Currenc Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Currenc Group Ordinary moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Currenc Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Currenc Stock Analysis
When running Currenc Group's price analysis, check to measure Currenc 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 Currenc Group is operating at the current time. Most of Currenc Group's value examination focuses on studying past and present price action to predict the probability of Currenc 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 Currenc Group's price. Additionally, you may evaluate how the addition of Currenc Group to your portfolios can decrease your overall portfolio volatility.