China Coal Energy Stock Market Value
| CCOZY Stock | USD 21.50 0.50 2.38% |
| Symbol | China |
China Coal '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 China Coal'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 China Coal.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in China Coal on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding China Coal Energy or generate 0.0% return on investment in China Coal over 90 days. China Coal is related to or competes with Sonos, NLIGHT, Coda Octopus, Renesas Electronics, Hudson Pacific, Integrated Media, and Bassett Furniture. China Coal Energy Company Limited primarily engages in the production and trade of coal, coal chemical business, coal mi... More
China Coal 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 China Coal'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 China Coal Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 22.92 | |||
| Value At Risk | (4.48) | |||
| Potential Upside | 2.44 |
China Coal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Coal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Coal's standard deviation. In reality, there are many statistical measures that can use China Coal historical prices to predict the future China Coal's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | 0.2055 | |||
| Treynor Ratio | 0.187 |
China Coal Energy Backtested Returns
China Coal Energy secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. China Coal Energy exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Coal's Risk Adjusted Performance of (0.03), mean deviation of 1.04, and Standard Deviation of 2.58 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning China Coal are expected to decrease at a much lower rate. During the bear market, China Coal is likely to outperform the market. At this point, China Coal Energy has a negative expected return of -0.31%. Please make sure to confirm China Coal's information ratio, kurtosis, period momentum indicator, as well as the relationship between the treynor ratio and day median price , to decide if China Coal Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
China Coal Energy has below average predictability. Overlapping area represents the amount of predictability between China Coal time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 China Coal Energy price movement. The serial correlation of 0.37 indicates that just about 37.0% of current China Coal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.22 |
China Coal Energy lagged returns against current returns
Autocorrelation, which is China Coal 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 China Coal's pink sheet expected returns. We can calculate the autocorrelation of China Coal returns to help us make a trade decision. For example, suppose you find that China Coal 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 |
China Coal 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 China Coal pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Coal pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Coal pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Coal Lagged Returns
When evaluating China Coal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Coal pink sheet have on its future price. China Coal 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, China Coal autocorrelation shows the relationship between China Coal pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Coal Energy.
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 China Pink Sheet Analysis
When running China Coal's price analysis, check to measure China Coal'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 China Coal is operating at the current time. Most of China Coal's value examination focuses on studying past and present price action to predict the probability of China Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Coal's price. Additionally, you may evaluate how the addition of China Coal to your portfolios can decrease your overall portfolio volatility.