Cyclone Metals (Australia) Market Value
| CLE Stock | 0.04 0 6.67% |
| Symbol | Cyclone |
Cyclone Metals '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 Cyclone Metals' 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 Cyclone Metals.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Cyclone Metals on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Cyclone Metals Limited or generate 0.0% return on investment in Cyclone Metals over 30 days. Cyclone Metals is related to or competes with Kkr Credit, Ras Technology, Air New, Thorney Technologies, Perpetual Credit, Hansen Technologies, and Magellan Financial. Cyclone Metals is entity of Australia. It is traded as Stock on AU exchange. More
Cyclone Metals 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 Cyclone Metals' 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 Cyclone Metals Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.17 | |||
| Information Ratio | 0.1455 | |||
| Maximum Drawdown | 67.97 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 13.64 |
Cyclone Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cyclone Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cyclone Metals' standard deviation. In reality, there are many statistical measures that can use Cyclone Metals historical prices to predict the future Cyclone Metals' volatility.| Risk Adjusted Performance | 0.1271 | |||
| Jensen Alpha | 1.6 | |||
| Total Risk Alpha | 1.33 | |||
| Sortino Ratio | 0.1712 | |||
| Treynor Ratio | (1.94) |
Cyclone Metals Backtested Returns
Cyclone Metals is out of control given 3 months investment horizon. Cyclone Metals secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.62% are justified by taking the suggested risk. Use Cyclone Metals mean deviation of 5.4, and Risk Adjusted Performance of 0.1271 to evaluate company specific risk that cannot be diversified away. Cyclone Metals holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cyclone Metals are expected to decrease at a much lower rate. During the bear market, Cyclone Metals is likely to outperform the market. Use Cyclone Metals downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on Cyclone Metals.
Auto-correlation | 0.19 |
Very weak predictability
Cyclone Metals Limited has very weak predictability. Overlapping area represents the amount of predictability between Cyclone Metals time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Cyclone Metals price movement. The serial correlation of 0.19 indicates that over 19.0% of current Cyclone Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cyclone Metals lagged returns against current returns
Autocorrelation, which is Cyclone Metals 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 Cyclone Metals' stock expected returns. We can calculate the autocorrelation of Cyclone Metals returns to help us make a trade decision. For example, suppose you find that Cyclone Metals 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Cyclone Metals 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 Cyclone Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cyclone Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cyclone Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Cyclone Metals Lagged Returns
When evaluating Cyclone Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cyclone Metals stock have on its future price. Cyclone Metals 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, Cyclone Metals autocorrelation shows the relationship between Cyclone Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Cyclone Metals Limited.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Cyclone Stock Analysis
When running Cyclone Metals' price analysis, check to measure Cyclone Metals' 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 Cyclone Metals is operating at the current time. Most of Cyclone Metals' value examination focuses on studying past and present price action to predict the probability of Cyclone Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cyclone Metals' price. Additionally, you may evaluate how the addition of Cyclone Metals to your portfolios can decrease your overall portfolio volatility.