Curtis Mathes Corp Stock Market Value
| CMCZ Stock | USD 0.0001 0.00 0.00% |
| Symbol | Curtis |
Curtis Mathes '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 Curtis Mathes' 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 Curtis Mathes.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Curtis Mathes on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Curtis Mathes Corp or generate 0.0% return on investment in Curtis Mathes over 30 days. Curtis Mathes is related to or competes with Ensurge Micropower, and Trutankless. Curtis Mathes Corporation. manufactures and sells lighting products for consumer and industrial lighting markets More
Curtis Mathes 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 Curtis Mathes' 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 Curtis Mathes Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 75.0 |
Curtis Mathes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Curtis Mathes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Curtis Mathes' standard deviation. In reality, there are many statistical measures that can use Curtis Mathes historical prices to predict the future Curtis Mathes' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (1.75) | |||
| Total Risk Alpha | (3.27) | |||
| Treynor Ratio | 1.14 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Curtis Mathes' 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.
Curtis Mathes Corp Backtested Returns
Curtis Mathes Corp secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Curtis Mathes Corp exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Curtis Mathes' Risk Adjusted Performance of (0.12), mean deviation of 3.67, and Standard Deviation of 11.02 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.68, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Curtis Mathes are expected to decrease by larger amounts. On the other hand, during market turmoil, Curtis Mathes is expected to outperform it. At this point, Curtis Mathes Corp has a negative expected return of -1.92%. Please make sure to confirm Curtis Mathes' information ratio and rate of daily change , to decide if Curtis Mathes Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Curtis Mathes Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Curtis Mathes time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Curtis Mathes Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Curtis Mathes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Curtis Mathes Corp lagged returns against current returns
Autocorrelation, which is Curtis Mathes 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 Curtis Mathes' pink sheet expected returns. We can calculate the autocorrelation of Curtis Mathes returns to help us make a trade decision. For example, suppose you find that Curtis Mathes 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 |
Curtis Mathes 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 Curtis Mathes pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Curtis Mathes pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Curtis Mathes pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Curtis Mathes Lagged Returns
When evaluating Curtis Mathes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Curtis Mathes pink sheet have on its future price. Curtis Mathes 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, Curtis Mathes autocorrelation shows the relationship between Curtis Mathes pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Curtis Mathes Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Curtis Pink Sheet Analysis
When running Curtis Mathes' price analysis, check to measure Curtis Mathes' 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 Curtis Mathes is operating at the current time. Most of Curtis Mathes' value examination focuses on studying past and present price action to predict the probability of Curtis Mathes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Curtis Mathes' price. Additionally, you may evaluate how the addition of Curtis Mathes to your portfolios can decrease your overall portfolio volatility.