Critical Elements Stock Market Value
| CRE Stock | CAD 0.41 0.00 0.00% |
| Symbol | Critical |
Critical Elements Price To Book Ratio
Critical Elements '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 Critical Elements' 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 Critical Elements.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Critical Elements on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Critical Elements or generate 0.0% return on investment in Critical Elements over 180 days. Critical Elements is related to or competes with Frontier Lithium, Noram Lithium, Argentina Lithium, and Lithium Chile. Critical Elements Lithium Corporation engages in the acquisition, exploration, and development of mining properties in C... More
Critical Elements 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 Critical Elements' 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 Critical Elements upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.76 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 20.25 | |||
| Value At Risk | (6.82) | |||
| Potential Upside | 9.26 |
Critical Elements Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Critical Elements' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Critical Elements' standard deviation. In reality, there are many statistical measures that can use Critical Elements historical prices to predict the future Critical Elements' volatility.| Risk Adjusted Performance | 0.0257 | |||
| Jensen Alpha | 0.1579 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.20) |
Critical Elements Backtested Returns
At this stage we consider Critical Stock to be out of control. Critical Elements secures Sharpe Ratio (or Efficiency) of 0.0394, which signifies that the company had a 0.0394% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Critical Elements, which you can use to evaluate the volatility of the firm. Please confirm Critical Elements' Mean Deviation of 3.48, downside deviation of 4.76, and Risk Adjusted Performance of 0.0257 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Critical Elements has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Critical Elements are expected to decrease at a much lower rate. During the bear market, Critical Elements is likely to outperform the market. Critical Elements right now shows a risk of 4.72%. Please confirm Critical Elements jensen alpha and the relationship between the maximum drawdown and rate of daily change , to decide if Critical Elements will be following its price patterns.
Auto-correlation | -0.22 |
Weak reverse predictability
Critical Elements has weak reverse predictability. Overlapping area represents the amount of predictability between Critical Elements time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Critical Elements price movement. The serial correlation of -0.22 indicates that over 22.0% of current Critical Elements price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Critical Elements lagged returns against current returns
Autocorrelation, which is Critical Elements 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 Critical Elements' stock expected returns. We can calculate the autocorrelation of Critical Elements returns to help us make a trade decision. For example, suppose you find that Critical Elements 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 |
Critical Elements 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 Critical Elements stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Critical Elements stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Critical Elements stock over time.
Current vs Lagged Prices |
| Timeline |
Critical Elements Lagged Returns
When evaluating Critical Elements' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Critical Elements stock have on its future price. Critical Elements 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, Critical Elements autocorrelation shows the relationship between Critical Elements stock current value and its past values and can show if there is a momentum factor associated with investing in Critical Elements.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Critical Stock Analysis
When running Critical Elements' price analysis, check to measure Critical Elements' 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 Critical Elements is operating at the current time. Most of Critical Elements' value examination focuses on studying past and present price action to predict the probability of Critical Elements' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Critical Elements' price. Additionally, you may evaluate how the addition of Critical Elements to your portfolios can decrease your overall portfolio volatility.