Clp Holdings Stock Market Value
| CLPHY Stock | USD 8.23 0.01 0.12% |
| Symbol | CLP |
CLP Holdings '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 CLP Holdings' 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 CLP Holdings.
| 10/26/2024 |
| 01/24/2025 |
If you would invest 0.00 in CLP Holdings on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding CLP Holdings or generate 0.0% return on investment in CLP Holdings over 90 days. CLP Holdings is related to or competes with Hong Kong, Power Assets, Swire Pacific, Sun Hung, and Hang Seng. CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electr... More
CLP Holdings 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 CLP Holdings' 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 CLP Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 4.07 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.61 |
CLP Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CLP Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CLP Holdings' standard deviation. In reality, there are many statistical measures that can use CLP Holdings historical prices to predict the future CLP Holdings' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.44) |
CLP Holdings Backtested Returns
CLP Holdings secures Sharpe Ratio (or Efficiency) of -0.0768, which signifies that the company had a -0.0768 % return per unit of risk over the last 3 months. CLP Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CLP Holdings' risk adjusted performance of (0.06), and Mean Deviation of 0.7208 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CLP Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding CLP Holdings is expected to be smaller as well. At this point, CLP Holdings has a negative expected return of -0.0704%. Please make sure to confirm CLP Holdings' jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if CLP Holdings performance from the past will be repeated in the future.
Auto-correlation | 0.08 |
Virtually no predictability
CLP Holdings has virtually no predictability. Overlapping area represents the amount of predictability between CLP Holdings time series from 26th of October 2024 to 10th of December 2024 and 10th of December 2024 to 24th of January 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 CLP Holdings price movement. The serial correlation of 0.08 indicates that barely 8.0% of current CLP Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
CLP Holdings lagged returns against current returns
Autocorrelation, which is CLP Holdings 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 CLP Holdings' pink sheet expected returns. We can calculate the autocorrelation of CLP Holdings returns to help us make a trade decision. For example, suppose you find that CLP Holdings 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 |
CLP Holdings 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 CLP Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CLP Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CLP Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CLP Holdings Lagged Returns
When evaluating CLP Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CLP Holdings pink sheet have on its future price. CLP Holdings 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, CLP Holdings autocorrelation shows the relationship between CLP Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CLP Holdings.
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 CLP Pink Sheet Analysis
When running CLP Holdings' price analysis, check to measure CLP Holdings' 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 CLP Holdings is operating at the current time. Most of CLP Holdings' value examination focuses on studying past and present price action to predict the probability of CLP Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLP Holdings' price. Additionally, you may evaluate how the addition of CLP Holdings to your portfolios can decrease your overall portfolio volatility.