Crescent (Belgium) Market Value
| OPTI Stock | EUR 0.01 0.0002 1.54% |
| Symbol | Crescent |
Crescent '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 Crescent'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 Crescent.
| 03/02/2024 |
| 05/01/2024 |
If you would invest 0.00 in Crescent on March 2, 2024 and sell it all today you would earn a total of 0.00 from holding Crescent NV or generate 0.0% return on investment in Crescent over 60 days. Crescent is related to or competes with AGFA Gevaert, Exmar NV, EVS Broadcast, and Tessenderlo. Crescent NV, an end-to-end IoT solutions integrator, develops and implements IoT integration projects for various indust... More
Crescent 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 Crescent'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 Crescent NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.28 | |||
| Information Ratio | 0.1518 | |||
| Maximum Drawdown | 37.0 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 9.09 |
Crescent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crescent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crescent's standard deviation. In reality, there are many statistical measures that can use Crescent historical prices to predict the future Crescent's volatility.| Risk Adjusted Performance | 0.1127 | |||
| Jensen Alpha | 0.9589 | |||
| Total Risk Alpha | 0.4901 | |||
| Sortino Ratio | 0.2089 | |||
| Treynor Ratio | (3.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Crescent'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.
Crescent NV Backtested Returns
Crescent appears to be out of control, given 3 months investment horizon. Crescent NV secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of standard deviation over the last 3 months. By analyzing Crescent's technical indicators, you can evaluate if the expected return of 0.95% is justified by implied risk. Please makes use of Crescent's risk adjusted performance of 0.1127, and Mean Deviation of 3.97 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Crescent holds a performance score of 12. The firm shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Crescent are expected to decrease at a much lower rate. During the bear market, Crescent is likely to outperform the market. Please check Crescent's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Crescent's price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
Crescent NV has average predictability. Overlapping area represents the amount of predictability between Crescent time series from 2nd of March 2024 to 1st of April 2024 and 1st of April 2024 to 1st of May 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 Crescent NV price movement. The serial correlation of 0.49 indicates that about 49.0% of current Crescent price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Crescent NV lagged returns against current returns
Autocorrelation, which is Crescent 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 Crescent's stock expected returns. We can calculate the autocorrelation of Crescent returns to help us make a trade decision. For example, suppose you find that Crescent 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 |
Crescent 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 Crescent stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crescent stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crescent stock over time.
Current vs Lagged Prices |
| Timeline |
Crescent Lagged Returns
When evaluating Crescent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crescent stock have on its future price. Crescent 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, Crescent autocorrelation shows the relationship between Crescent stock current value and its past values and can show if there is a momentum factor associated with investing in Crescent NV.
Regressed Prices |
| Timeline |
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When running Crescent's price analysis, check to measure Crescent'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 Crescent is operating at the current time. Most of Crescent's value examination focuses on studying past and present price action to predict the probability of Crescent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent's price. Additionally, you may evaluate how the addition of Crescent to your portfolios can decrease your overall portfolio volatility.
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