Colabor Group Stock Market Value
| GCL Stock | CAD 0.94 0.01 1.08% |
| Symbol | Colabor |
Colabor Group Price To Book Ratio
Colabor '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 Colabor'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 Colabor.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Colabor on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Colabor Group or generate 0.0% return on investment in Colabor over 90 days. Colabor is related to or competes with Bunzl Plc, Dorel Industries, High Liner, Metcash, and Supremex. Colabor Group Inc., together with its subsidiaries, distributes and markets food and food-related products in Canada More
Colabor 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 Colabor'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 Colabor Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.47 | |||
| Information Ratio | 0.0095 | |||
| Maximum Drawdown | 23.8 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 4.82 |
Colabor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Colabor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Colabor's standard deviation. In reality, there are many statistical measures that can use Colabor historical prices to predict the future Colabor's volatility.| Risk Adjusted Performance | 0.0561 | |||
| Jensen Alpha | 0.0424 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.007 | |||
| Treynor Ratio | 0.1771 |
Colabor Group Backtested Returns
As of now, Colabor Stock is dangerous. Colabor Group secures Sharpe Ratio (or Efficiency) of 0.0483, which signifies that the company had a 0.0483 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Colabor Group, which you can use to evaluate the volatility of the firm. Please confirm Colabor's Mean Deviation of 2.08, risk adjusted performance of 0.0561, and Downside Deviation of 4.47 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Colabor has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.91, which signifies possible diversification benefits within a given portfolio. Colabor returns are very sensitive to returns on the market. As the market goes up or down, Colabor is expected to follow. Colabor Group right now shows a risk of 3.35%. Please confirm Colabor Group jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Colabor Group will be following its price patterns.
Auto-correlation | -0.39 |
Poor reverse predictability
Colabor Group has poor reverse predictability. Overlapping area represents the amount of predictability between Colabor time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 Colabor Group price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Colabor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Colabor Group lagged returns against current returns
Autocorrelation, which is Colabor 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 Colabor's stock expected returns. We can calculate the autocorrelation of Colabor returns to help us make a trade decision. For example, suppose you find that Colabor 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 |
Colabor 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 Colabor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Colabor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Colabor stock over time.
Current vs Lagged Prices |
| Timeline |
Colabor Lagged Returns
When evaluating Colabor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Colabor stock have on its future price. Colabor 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, Colabor autocorrelation shows the relationship between Colabor stock current value and its past values and can show if there is a momentum factor associated with investing in Colabor Group.
Regressed Prices |
| Timeline |
Pair Trading with Colabor
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 Colabor 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 Colabor will appreciate offsetting losses from the drop in the long position's value.Moving against Colabor Stock
The ability to find closely correlated positions to Colabor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colabor 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 Colabor - 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 Colabor Group to buy it.
The correlation of Colabor 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 Colabor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colabor Group 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 Colabor 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.Other Information on Investing in Colabor Stock
Colabor financial ratios help investors to determine whether Colabor 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 Colabor with respect to the benefits of owning Colabor security.