Clubhouse Media Group Stock Market Value
| CMGR Stock | USD 0.0001 0.00 0.00% |
| Symbol | Clubhouse |
Clubhouse Media '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 Clubhouse Media'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 Clubhouse Media.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Clubhouse Media on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Clubhouse Media Group or generate 0.0% return on investment in Clubhouse Media over 360 days. Clubhouse Media is related to or competes with Marchex, and Emerald Expositions. Clubhouse Media Group, Inc. operates professionally run content houses that provides management, production, and deal-ma... More
Clubhouse Media 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 Clubhouse Media'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 Clubhouse Media Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 48.11 | |||
| Information Ratio | 0.1545 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Clubhouse Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clubhouse Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clubhouse Media's standard deviation. In reality, there are many statistical measures that can use Clubhouse Media historical prices to predict the future Clubhouse Media's volatility.| Risk Adjusted Performance | 0.1238 | |||
| Jensen Alpha | 5.35 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1234 | |||
| Treynor Ratio | 0.9823 |
Clubhouse Media Group Backtested Returns
Clubhouse Media is out of control given 3 months investment horizon. Clubhouse Media Group secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 32.81% are justified by taking the suggested risk. Use Clubhouse Media Risk Adjusted Performance of 0.1238, downside deviation of 48.11, and Mean Deviation of 23.92 to evaluate company specific risk that cannot be diversified away. Clubhouse Media holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 6.16, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Clubhouse Media will likely underperform. Use Clubhouse Media value at risk, as well as the relationship between the skewness and day typical price , to analyze future returns on Clubhouse Media.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Clubhouse Media Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Clubhouse Media time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Clubhouse Media Group price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Clubhouse Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Clubhouse Media Group lagged returns against current returns
Autocorrelation, which is Clubhouse Media 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 Clubhouse Media's pink sheet expected returns. We can calculate the autocorrelation of Clubhouse Media returns to help us make a trade decision. For example, suppose you find that Clubhouse Media 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 |
Clubhouse Media 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 Clubhouse Media pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clubhouse Media pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clubhouse Media pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Clubhouse Media Lagged Returns
When evaluating Clubhouse Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clubhouse Media pink sheet have on its future price. Clubhouse Media 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, Clubhouse Media autocorrelation shows the relationship between Clubhouse Media pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Clubhouse Media Group.
Regressed Prices |
| Timeline |
Pair Trading with Clubhouse Media
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clubhouse Media position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clubhouse Media will appreciate offsetting losses from the drop in the long position's value.Moving against Clubhouse Pink Sheet
| 0.34 | DNTUF | Dentsu Inc | PairCorr |
| 0.32 | PUBGY | Publicis Groupe SA | PairCorr |
| 0.31 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
The ability to find closely correlated positions to Clubhouse Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clubhouse Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clubhouse Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clubhouse Media Group to buy it.
The correlation of Clubhouse Media is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clubhouse Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clubhouse Media Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clubhouse Media can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Clubhouse Pink Sheet Analysis
When running Clubhouse Media's price analysis, check to measure Clubhouse Media's 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 Clubhouse Media is operating at the current time. Most of Clubhouse Media's value examination focuses on studying past and present price action to predict the probability of Clubhouse Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clubhouse Media's price. Additionally, you may evaluate how the addition of Clubhouse Media to your portfolios can decrease your overall portfolio volatility.