Coroware Stock Market Value
Coroware's market value is the price at which a share of Coroware trades on a public exchange. It measures the collective expectations of Coroware investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Coroware and determine expected loss or profit from investing in Coroware over a given investment horizon. Check out Coroware Correlation, Coroware Volatility and Coroware Alpha and Beta module to complement your research on Coroware.
| Symbol | Coroware |
Coroware '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 Coroware'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 Coroware.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Coroware on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Coroware or generate 0.0% return on investment in Coroware over 30 days. Coroware is related to or competes with Deere, Caterpillar, Lion Electric, Nikola Corp, Wabash National, and Titan International. CarbonMeta Technologies, Inc., a resource reclamation company, focuses on the development of technologies and solutions ... More
Coroware 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 Coroware'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 Coroware upside and downside potential and time the market with a certain degree of confidence.
Coroware Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coroware's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coroware's standard deviation. In reality, there are many statistical measures that can use Coroware historical prices to predict the future Coroware's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Coroware's 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.
Coroware Backtested Returns
Coroware secures Sharpe Ratio (or Efficiency) of 0.41, which signifies that the company had a 0.41% return per unit of risk over the last 3 months. We are able to interpolate and break down zero different technical indicators, which can help you to evaluate if expected returns of 166.15% are justified by taking the suggested risk. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Coroware are completely uncorrelated.
Auto-correlation | 0.45 |
Average predictability
Coroware has average predictability. Overlapping area represents the amount of predictability between Coroware time series from 12th of November 2024 to 27th of November 2024 and 27th of November 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 Coroware price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Coroware price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Coroware lagged returns against current returns
Autocorrelation, which is Coroware 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 Coroware's pink sheet expected returns. We can calculate the autocorrelation of Coroware returns to help us make a trade decision. For example, suppose you find that Coroware 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 |
Coroware 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 Coroware pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coroware pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coroware pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Coroware Lagged Returns
When evaluating Coroware's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coroware pink sheet have on its future price. Coroware 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, Coroware autocorrelation shows the relationship between Coroware pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Coroware.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Coroware Pink Sheet
Coroware financial ratios help investors to determine whether Coroware Pink Sheet 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 Coroware with respect to the benefits of owning Coroware security.