Clicks Group Stock Market Value
| CLCGY Stock | USD 41.90 0.03 0.07% |
| Symbol | Clicks |
Clicks '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 Clicks' 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 Clicks.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Clicks on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Clicks Group or generate 0.0% return on investment in Clicks over 90 days. Clicks is related to or competes with Bidvest Group, Aspen Pharmacare, Mr Price, Shoprite Holdings, and CarsalesCom. Clicks Group Limited, together with its subsidiaries, operates as a health and beauty retailer, and pharmaceutical distr... More
Clicks 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 Clicks' 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 Clicks Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 12.27 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 3.07 |
Clicks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clicks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clicks' standard deviation. In reality, there are many statistical measures that can use Clicks historical prices to predict the future Clicks' volatility.| Risk Adjusted Performance | 0.0653 | |||
| Jensen Alpha | 0.0535 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2361 |
Clicks Group Backtested Returns
At this stage we consider Clicks Pink Sheet to be very steady. Clicks Group secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Clicks Group, which you can use to evaluate the volatility of the firm. Please confirm Clicks' Risk Adjusted Performance of 0.0653, mean deviation of 1.48, and Downside Deviation of 1.81 to double-check if the risk estimate we provide is consistent with the expected return of 0.0164%. The firm shows a Beta (market volatility) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Clicks' returns are expected to increase less than the market. However, during the bear market, the loss of holding Clicks is expected to be smaller as well. Clicks Group right now shows a risk of 1.84%. Please confirm Clicks Group potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Clicks Group will be following its price patterns.
Auto-correlation | -0.51 |
Good reverse predictability
Clicks Group has good reverse predictability. Overlapping area represents the amount of predictability between Clicks 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 Clicks Group price movement. The serial correlation of -0.51 indicates that about 51.0% of current Clicks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 1.27 |
Clicks Group lagged returns against current returns
Autocorrelation, which is Clicks 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 Clicks' pink sheet expected returns. We can calculate the autocorrelation of Clicks returns to help us make a trade decision. For example, suppose you find that Clicks 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 |
Clicks 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 Clicks pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clicks pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clicks pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Clicks Lagged Returns
When evaluating Clicks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clicks pink sheet have on its future price. Clicks 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, Clicks autocorrelation shows the relationship between Clicks pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Clicks Group.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Clicks Pink Sheet Analysis
When running Clicks' price analysis, check to measure Clicks' 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 Clicks is operating at the current time. Most of Clicks' value examination focuses on studying past and present price action to predict the probability of Clicks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clicks' price. Additionally, you may evaluate how the addition of Clicks to your portfolios can decrease your overall portfolio volatility.