China Carbon Graphit Stock Market Value
| CHGI Stock | USD 0.0001 0.00 0.00% |
| Symbol | China |
China Carbon '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 Carbon'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 Carbon.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in China Carbon on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding China Carbon Graphit or generate 0.0% return on investment in China Carbon over 720 days. China Carbon is related to or competes with AFC Energy, Sunrise New, Energizer Holdings, and Alfen NV. China Carbon Graphite Group, Inc., together with its subsidiaries, engages in the research and development, manufacture,... More
China Carbon 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 Carbon'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 Carbon Graphit upside and downside potential and time the market with a certain degree of confidence.
China Carbon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Carbon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Carbon's standard deviation. In reality, there are many statistical measures that can use China Carbon historical prices to predict the future China Carbon's volatility.China Carbon Graphit Backtested Returns
We have found three technical indicators for China Carbon Graphit, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and China Carbon are completely uncorrelated.
Auto-correlation | 0.23 |
Weak predictability
China Carbon Graphit has weak predictability. Overlapping area represents the amount of predictability between China Carbon time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Carbon Graphit price movement. The serial correlation of 0.23 indicates that over 23.0% of current China Carbon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China Carbon Graphit lagged returns against current returns
Autocorrelation, which is China Carbon 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 Carbon's pink sheet expected returns. We can calculate the autocorrelation of China Carbon returns to help us make a trade decision. For example, suppose you find that China Carbon 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 Carbon 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 Carbon pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Carbon 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 Carbon pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Carbon Lagged Returns
When evaluating China Carbon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Carbon pink sheet have on its future price. China Carbon 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 Carbon autocorrelation shows the relationship between China Carbon pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Carbon Graphit.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Pink Sheet
China Carbon 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 Carbon security.