Connexion Mobility (Australia) Market Value
| CXZ Stock | 0.03 0 3.85% |
| Symbol | Connexion |
Connexion Mobility '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 Connexion Mobility'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 Connexion Mobility.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Connexion Mobility on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Connexion Mobility or generate 0.0% return on investment in Connexion Mobility over 90 days. Connexion Mobility is related to or competes with Centaurus Metals, Perseus Mining, Catalyst Metals, and Coast Entertainment. More
Connexion Mobility 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 Connexion Mobility'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 Connexion Mobility upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.11 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 15.41 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 4.0 |
Connexion Mobility Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Connexion Mobility's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Connexion Mobility's standard deviation. In reality, there are many statistical measures that can use Connexion Mobility historical prices to predict the future Connexion Mobility's volatility.| Risk Adjusted Performance | 0.022 | |||
| Jensen Alpha | 0.1231 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.07) |
Connexion Mobility Backtested Returns
Currently, Connexion Mobility is out of control. Connexion Mobility secures Sharpe Ratio (or Efficiency) of 0.016, which signifies that the company had a 0.016 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Connexion Mobility, which you can use to evaluate the volatility of the firm. Please confirm Connexion Mobility's Mean Deviation of 2.12, risk adjusted performance of 0.022, and Downside Deviation of 5.11 to double-check if the risk estimate we provide is consistent with the expected return of 0.0515%. Connexion Mobility has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Connexion Mobility are expected to decrease at a much lower rate. During the bear market, Connexion Mobility is likely to outperform the market. Connexion Mobility right now shows a risk of 3.22%. Please confirm Connexion Mobility standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Connexion Mobility will be following its price patterns.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Connexion Mobility has insignificant reverse predictability. Overlapping area represents the amount of predictability between Connexion Mobility time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Connexion Mobility price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Connexion Mobility price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Connexion Mobility lagged returns against current returns
Autocorrelation, which is Connexion Mobility 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 Connexion Mobility's stock expected returns. We can calculate the autocorrelation of Connexion Mobility returns to help us make a trade decision. For example, suppose you find that Connexion Mobility 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 |
Connexion Mobility 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 Connexion Mobility stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Connexion Mobility stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Connexion Mobility stock over time.
Current vs Lagged Prices |
| Timeline |
Connexion Mobility Lagged Returns
When evaluating Connexion Mobility's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Connexion Mobility stock have on its future price. Connexion Mobility 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, Connexion Mobility autocorrelation shows the relationship between Connexion Mobility stock current value and its past values and can show if there is a momentum factor associated with investing in Connexion Mobility.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Connexion Stock Analysis
When running Connexion Mobility's price analysis, check to measure Connexion Mobility'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 Connexion Mobility is operating at the current time. Most of Connexion Mobility's value examination focuses on studying past and present price action to predict the probability of Connexion Mobility's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Connexion Mobility's price. Additionally, you may evaluate how the addition of Connexion Mobility to your portfolios can decrease your overall portfolio volatility.