Cirmaker Technology Stock Market Value
| CRKT Stock | USD 0.07 0.03 65.56% |
| Symbol | Cirmaker |
Cirmaker Technology '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 Cirmaker Technology'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 Cirmaker Technology.
| 12/21/2024 |
| 03/21/2025 |
If you would invest 0.00 in Cirmaker Technology on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding Cirmaker Technology or generate 0.0% return on investment in Cirmaker Technology over 90 days. Cirmaker Technology is related to or competes with Ecovyst, Braskem SA, Avient Corp, Jeld Wen, Park Electrochemical, Eastman Chemical, and Hudson Technologies. Cirmaker Technology Corporation engages in the manufacture, distribution, and assembling of various electronic parts and... More
Cirmaker Technology 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 Cirmaker Technology'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 Cirmaker Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1176 | |||
| Maximum Drawdown | 87.86 | |||
| Value At Risk | (9.82) | |||
| Potential Upside | 20.0 |
Cirmaker Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cirmaker Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cirmaker Technology's standard deviation. In reality, there are many statistical measures that can use Cirmaker Technology historical prices to predict the future Cirmaker Technology's volatility.| Risk Adjusted Performance | 0.1091 | |||
| Jensen Alpha | 1.59 | |||
| Total Risk Alpha | 2.41 | |||
| Treynor Ratio | 0.505 |
Cirmaker Technology Backtested Returns
Cirmaker Technology is out of control given 3 months investment horizon. Cirmaker Technology secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12 % return per unit of risk over the last 3 months. We were able to collect data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 1.97% are justified by taking the suggested risk. Use Cirmaker Technology Mean Deviation of 4.95, risk adjusted performance of 0.1091, and Standard Deviation of 12.45 to evaluate company specific risk that cannot be diversified away. Cirmaker Technology holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.76, 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, Cirmaker Technology will likely underperform. Use Cirmaker Technology jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to analyze future returns on Cirmaker Technology.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Cirmaker Technology has insignificant reverse predictability. Overlapping area represents the amount of predictability between Cirmaker Technology time series from 21st of December 2024 to 4th of February 2025 and 4th of February 2025 to 21st of March 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 Cirmaker Technology price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Cirmaker Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cirmaker Technology lagged returns against current returns
Autocorrelation, which is Cirmaker Technology 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 Cirmaker Technology's pink sheet expected returns. We can calculate the autocorrelation of Cirmaker Technology returns to help us make a trade decision. For example, suppose you find that Cirmaker Technology 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 |
Cirmaker Technology 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 Cirmaker Technology pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cirmaker Technology pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cirmaker Technology pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cirmaker Technology Lagged Returns
When evaluating Cirmaker Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cirmaker Technology pink sheet have on its future price. Cirmaker Technology 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, Cirmaker Technology autocorrelation shows the relationship between Cirmaker Technology pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cirmaker Technology.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Cirmaker Pink Sheet Analysis
When running Cirmaker Technology's price analysis, check to measure Cirmaker Technology'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 Cirmaker Technology is operating at the current time. Most of Cirmaker Technology's value examination focuses on studying past and present price action to predict the probability of Cirmaker Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cirmaker Technology's price. Additionally, you may evaluate how the addition of Cirmaker Technology to your portfolios can decrease your overall portfolio volatility.