China Conch Venture Stock Market Value
| CCVTF Stock | USD 0.93 0.00 0.00% |
| Symbol | China |
China Conch '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 Conch'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 Conch.
| 07/02/2024 |
| 12/29/2024 |
If you would invest 0.00 in China Conch on July 2, 2024 and sell it all today you would earn a total of 0.00 from holding China Conch Venture or generate 0.0% return on investment in China Conch over 180 days. China Conch is related to or competes with TOMI Environmental, Zurn Elkay, Federal Signal, Energy Recovery, CECO Environmental, and 374Water Common. China Conch Venture Holdings Limited, an investment holding company, provides energy preservation and environmental prot... More
China Conch 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 Conch'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 Conch Venture upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1746 | |||
| Maximum Drawdown | 19.23 |
China Conch Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Conch's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Conch's standard deviation. In reality, there are many statistical measures that can use China Conch historical prices to predict the future China Conch's volatility.| Risk Adjusted Performance | 0.1554 | |||
| Jensen Alpha | 0.5274 | |||
| Total Risk Alpha | 0.4447 | |||
| Treynor Ratio | (4.45) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Conch'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.
China Conch Venture Backtested Returns
China Conch appears to be dangerous, given 3 months investment horizon. China Conch Venture secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By analyzing China Conch's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please makes use of China Conch's Risk Adjusted Performance of 0.1554, mean deviation of 1.02, and Standard Deviation of 2.88 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, China Conch holds a performance score of 14. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning China Conch are expected to decrease at a much lower rate. During the bear market, China Conch is likely to outperform the market. Please check China Conch's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day typical price , to make a quick decision on whether China Conch's price patterns will revert.
Auto-correlation | 0.31 |
Below average predictability
China Conch Venture has below average predictability. Overlapping area represents the amount of predictability between China Conch time series from 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th of December 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 China Conch Venture price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current China Conch price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
China Conch Venture lagged returns against current returns
Autocorrelation, which is China Conch 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 Conch's pink sheet expected returns. We can calculate the autocorrelation of China Conch returns to help us make a trade decision. For example, suppose you find that China Conch 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 Conch 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 Conch pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Conch 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 Conch pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Conch Lagged Returns
When evaluating China Conch's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Conch pink sheet have on its future price. China Conch 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 Conch autocorrelation shows the relationship between China Conch pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Conch Venture.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Pink Sheet
China Conch financial ratios help investors to determine whether China Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in China with respect to the benefits of owning China Conch security.