Camau Trading (Vietnam) Market Value
CMV Stock | 9,090 210.00 2.26% |
Symbol | Camau |
Camau Trading '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 Camau Trading's 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 Camau Trading.
11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Camau Trading on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Camau Trading JSC or generate 0.0% return on investment in Camau Trading over 60 days. Camau Trading is related to or competes with FIT INVEST, Damsan JSC, An Phat, APG Securities, Binhthuan Agriculture, Mekong Fisheries, and Bentre Aquaproduct. More
Camau Trading 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 Camau Trading's 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 Camau Trading JSC upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.02) | |||
Maximum Drawdown | 16.51 | |||
Value At Risk | (6.50) | |||
Potential Upside | 6.94 |
Camau Trading Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Camau Trading's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Camau Trading's standard deviation. In reality, there are many statistical measures that can use Camau Trading historical prices to predict the future Camau Trading's volatility.Risk Adjusted Performance | (0.0009) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.1) | |||
Treynor Ratio | (0.09) |
Camau Trading JSC Backtested Returns
Camau Trading JSC secures Sharpe Ratio (or Efficiency) of -0.0042, which signifies that the company had a -0.0042% return per unit of risk over the last 3 months. Camau Trading JSC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Camau Trading's Standard Deviation of 3.49, mean deviation of 2.24, and Risk Adjusted Performance of (0.0009) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Camau Trading's returns are expected to increase less than the market. However, during the bear market, the loss of holding Camau Trading is expected to be smaller as well. At this point, Camau Trading JSC has a negative expected return of -0.0169%. Please make sure to confirm Camau Trading's kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Camau Trading JSC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Camau Trading JSC has poor predictability. Overlapping area represents the amount of predictability between Camau Trading time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Camau Trading JSC price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Camau Trading price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.27 | |
Spearman Rank Test | -0.18 | |
Residual Average | 0.0 | |
Price Variance | 201.7 K |
Camau Trading JSC lagged returns against current returns
Autocorrelation, which is Camau Trading 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 Camau Trading's stock expected returns. We can calculate the autocorrelation of Camau Trading returns to help us make a trade decision. For example, suppose you find that Camau Trading 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 |
Camau Trading 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 Camau Trading stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Camau Trading stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Camau Trading stock over time.
Current vs Lagged Prices |
Timeline |
Camau Trading Lagged Returns
When evaluating Camau Trading's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Camau Trading stock have on its future price. Camau Trading 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, Camau Trading autocorrelation shows the relationship between Camau Trading stock current value and its past values and can show if there is a momentum factor associated with investing in Camau Trading JSC.
Regressed Prices |
Timeline |
Pair Trading with Camau Trading
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 Camau Trading 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 Camau Trading will appreciate offsetting losses from the drop in the long position's value.Moving together with Camau Stock
Moving against Camau Stock
The ability to find closely correlated positions to Camau Trading could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Camau Trading 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 Camau Trading - 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 Camau Trading JSC to buy it.
The correlation of Camau Trading 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 Camau Trading moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Camau Trading JSC 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 Camau Trading 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.Other Information on Investing in Camau Stock
Camau Trading financial ratios help investors to determine whether Camau Stock 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 Camau with respect to the benefits of owning Camau Trading security.