Compugroup Medical Se Stock Market Value

CMPVF Stock  USD 29.89  5.10  14.58%   
CompuGroup Medical's market value is the price at which a share of CompuGroup Medical trades on a public exchange. It measures the collective expectations of CompuGroup Medical SE investors about its performance. CompuGroup Medical is trading at 29.89 as of the 28th of March 2024. This is a -14.58 percent decrease since the beginning of the trading day. The stock's lowest day price was 29.89.
With this module, you can estimate the performance of a buy and hold strategy of CompuGroup Medical SE and determine expected loss or profit from investing in CompuGroup Medical over a given investment horizon. Check out CompuGroup Medical Correlation, CompuGroup Medical Volatility and CompuGroup Medical Alpha and Beta module to complement your research on CompuGroup Medical.
Symbol

Please note, there is a significant difference between CompuGroup Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if CompuGroup Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CompuGroup Medical'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.

CompuGroup Medical '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 CompuGroup Medical's pink sheet 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 CompuGroup Medical.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in CompuGroup Medical on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding CompuGroup Medical SE or generate 0.0% return on investment in CompuGroup Medical over 720 days. CompuGroup Medical is related to or competes with AerSale Corp, Great Elm, Enviri, Porvair Plc, Corporacion America, and SEI Investments. KGaA develops and sells software and information technology solutions for the healthcare sector worldwide More

CompuGroup Medical 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 CompuGroup Medical's pink sheet 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 CompuGroup Medical SE upside and downside potential and time the market with a certain degree of confidence.

CompuGroup Medical Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CompuGroup Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CompuGroup Medical's standard deviation. In reality, there are many statistical measures that can use CompuGroup Medical historical prices to predict the future CompuGroup Medical's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CompuGroup Medical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
27.8029.8931.98
Details
Intrinsic
Valuation
LowRealHigh
19.7321.8232.88
Details
Naive
Forecast
LowNextHigh
25.2227.3129.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
30.3434.1437.94
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CompuGroup Medical. Your research has to be compared to or analyzed against CompuGroup Medical's peers to derive any actionable benefits. When done correctly, CompuGroup Medical's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CompuGroup Medical.

CompuGroup Medical Backtested Returns

CompuGroup Medical secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. CompuGroup Medical SE exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CompuGroup Medical's Mean Deviation of 0.7023, risk adjusted performance of (0.09), and Standard Deviation of 2.09 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CompuGroup Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding CompuGroup Medical is expected to be smaller as well. CompuGroup Medical has an expected return of -0.36%. Please make sure to confirm CompuGroup Medical standard deviation, skewness, as well as the relationship between the Skewness and day typical price , to decide if CompuGroup Medical performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.84  

Excellent reverse predictability

CompuGroup Medical SE has excellent reverse predictability. Overlapping area represents the amount of predictability between CompuGroup Medical time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CompuGroup Medical price movement. The serial correlation of -0.84 indicates that around 84.0% of current CompuGroup Medical price fluctuation can be explain by its past prices.
Correlation Coefficient-0.84
Spearman Rank Test-0.61
Residual Average0.0
Price Variance5.26

CompuGroup Medical lagged returns against current returns

Autocorrelation, which is CompuGroup Medical pink sheet'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 CompuGroup Medical's pink sheet expected returns. We can calculate the autocorrelation of CompuGroup Medical returns to help us make a trade decision. For example, suppose you find that CompuGroup Medical has exhibited high autocorrelation historically, and you observe that the pink sheet 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  

CompuGroup Medical 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 CompuGroup Medical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CompuGroup Medical pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CompuGroup Medical pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

CompuGroup Medical Lagged Returns

When evaluating CompuGroup Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CompuGroup Medical pink sheet have on its future price. CompuGroup Medical 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, CompuGroup Medical autocorrelation shows the relationship between CompuGroup Medical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CompuGroup Medical SE.
   Regressed Prices   
       Timeline  

Pair Trading with CompuGroup Medical

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 CompuGroup Medical 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 CompuGroup Medical will appreciate offsetting losses from the drop in the long position's value.

Moving against CompuGroup Pink Sheet

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The ability to find closely correlated positions to CompuGroup Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CompuGroup Medical 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 CompuGroup Medical - 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 CompuGroup Medical SE to buy it.
The correlation of CompuGroup Medical 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 CompuGroup Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CompuGroup Medical 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 CompuGroup Medical 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.
Pair CorrelationCorrelation Matching
Check out CompuGroup Medical Correlation, CompuGroup Medical Volatility and CompuGroup Medical Alpha and Beta module to complement your research on CompuGroup Medical.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for CompuGroup Pink Sheet analysis

When running CompuGroup Medical's price analysis, check to measure CompuGroup Medical'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 CompuGroup Medical is operating at the current time. Most of CompuGroup Medical's value examination focuses on studying past and present price action to predict the probability of CompuGroup Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CompuGroup Medical's price. Additionally, you may evaluate how the addition of CompuGroup Medical to your portfolios can decrease your overall portfolio volatility.
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CompuGroup Medical technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of CompuGroup Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CompuGroup Medical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...