Circa Group (Norway) Market Value

CIRCA
  

NOK 6.26  0.05  0.79%   

Circa Group's market value is the price at which a share of Circa Group stock trades on a public exchange. It measures the collective expectations of Circa Group AS investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Circa Group AS and determine expected loss or profit from investing in Circa Group over a given investment horizon. Continue to Circa Group Correlation, Circa Group Volatility and Circa Group Alpha and Beta module to complement your research on Circa Group.
Symbol

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

Circa Group '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 Circa Group'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 Circa Group.
0.00
12/15/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/05/2022
0.00
If you would invest  0.00  in Circa Group on December 15, 2020 and sell it all today you would earn a total of 0.00 from holding Circa Group AS or generate 0.0% return on investment in Circa Group over 720 days. Circa Group AS, a biotech company, engages in producing bio-based chemicals in Australia, France, the United Kingdom, Be... More

Circa Group 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 Circa Group'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 Circa Group AS upside and downside potential and time the market with a certain degree of confidence.

Circa Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Circa Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Circa Group's standard deviation. In reality, there are many statistical measures that can use Circa Group historical prices to predict the future Circa Group's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Circa Group'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. Please use the tools below to analyze the current value of Circa Group in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.536.268.99
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Intrinsic
Valuation
LowReal ValueHigh
2.855.588.31
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Circa Group. Your research has to be compared to or analyzed against Circa Group's peers to derive any actionable benefits. When done correctly, Circa Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Circa Group AS.

Circa Group AS Backtested Returns

Circa Group AS secures Sharpe Ratio (or Efficiency) of -0.0882, which signifies that the company had -0.0882% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Circa Group AS exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Circa Group AS risk adjusted performance of (0.16), and Mean Deviation of 1.96 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.2089, which signifies not very significant fluctuations relative to the market. Let's try to break down what Circa's beta means in this case. As returns on the market increase, Circa Group returns are expected to increase less than the market. However, during the bear market, the loss on holding Circa Group will be expected to be smaller as well. Even though it is essential to pay attention to Circa Group AS historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Circa Group AS exposes twenty-one different technical indicators, which can help you to evaluate its performance. Circa Group AS has an expected return of -0.24%. Please be advised to confirm Circa Group AS value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Circa Group AS performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.38  

Poor reverse predictability

Circa Group AS has poor reverse predictability. Overlapping area represents the amount of predictability between Circa Group time series from 15th of December 2020 to 10th of December 2021 and 10th of December 2021 to 5th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Circa Group AS price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Circa Group price fluctuation can be explain by its past prices.
Correlation Coefficient-0.38
Spearman Rank Test-0.31
Residual Average0.0
Price Variance0.42

Circa Group AS lagged returns against current returns

Autocorrelation, which is Circa Group 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 Circa Group's stock expected returns. We can calculate the autocorrelation of Circa Group returns to help us make a trade decision. For example, suppose you find that Circa Group stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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Circa Group 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 Circa Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Circa Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Circa Group stock over time.
   Current vs Lagged Prices   
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       Timeline  

Circa Group Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Circa Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Circa Group's short interest history, or implied volatility extrapolated from Circa Group options trading.
Continue to Circa Group Correlation, Circa Group Volatility and Circa Group Alpha and Beta module to complement your research on Circa Group. Note that the Circa Group AS information on this page should be used as a complementary analysis to other Circa Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for Circa Stock analysis

When running Circa Group AS price analysis, check to measure Circa Group'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 Circa Group is operating at the current time. Most of Circa Group's value examination focuses on studying past and present price action to predict the probability of Circa Group's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Circa Group's price. Additionally, you may evaluate how the addition of Circa Group to your portfolios can decrease your overall portfolio volatility.
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Circa Group technical stock 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, stock market cycles, or different charting patterns.
A focus of Circa Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Circa Group 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...