Cvw Cleantech Stock Market Value
| CVW Stock | 0.81 0.02 2.53% |
| Symbol | CVW |
CVW CleanTech Price To Book Ratio
CVW CleanTech '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 CVW CleanTech'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 CVW CleanTech.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in CVW CleanTech on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding CVW CleanTech or generate 0.0% return on investment in CVW CleanTech over 90 days. CVW CleanTech is related to or competes with First Hydrogen, and Westbridge Energy. CVW CleanTech is entity of Canada. It is traded as Stock on V exchange. More
CVW CleanTech 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 CVW CleanTech'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 CVW CleanTech upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 16.97 | |||
| Value At Risk | (4.71) | |||
| Potential Upside | 4.71 |
CVW CleanTech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CVW CleanTech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CVW CleanTech's standard deviation. In reality, there are many statistical measures that can use CVW CleanTech historical prices to predict the future CVW CleanTech's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | 0.1921 | |||
| Treynor Ratio | 1.55 |
CVW CleanTech Backtested Returns
CVW CleanTech secures Sharpe Ratio (or Efficiency) of -0.0195, which signifies that the company had a -0.0195 % return per unit of volatility over the last 3 months. CVW CleanTech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CVW CleanTech's risk adjusted performance of (0.04), and Mean Deviation of 2.16 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CVW CleanTech are expected to decrease at a much lower rate. During the bear market, CVW CleanTech is likely to outperform the market. At this point, CVW CleanTech has a negative expected return of -0.0567%. Please make sure to confirm CVW CleanTech's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if CVW CleanTech performance from the past will be repeated at some future point.
Auto-correlation | 0.28 |
Poor predictability
CVW CleanTech has poor predictability. Overlapping area represents the amount of predictability between CVW CleanTech time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 CVW CleanTech price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current CVW CleanTech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CVW CleanTech lagged returns against current returns
Autocorrelation, which is CVW CleanTech 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 CVW CleanTech's stock expected returns. We can calculate the autocorrelation of CVW CleanTech returns to help us make a trade decision. For example, suppose you find that CVW CleanTech 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 |
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CVW CleanTech 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 CVW CleanTech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CVW CleanTech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CVW CleanTech stock over time.
Current vs Lagged Prices |
| Timeline |
CVW CleanTech Lagged Returns
When evaluating CVW CleanTech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CVW CleanTech stock have on its future price. CVW CleanTech 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, CVW CleanTech autocorrelation shows the relationship between CVW CleanTech stock current value and its past values and can show if there is a momentum factor associated with investing in CVW CleanTech.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for CVW Stock Analysis
When running CVW CleanTech's price analysis, check to measure CVW CleanTech'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 CVW CleanTech is operating at the current time. Most of CVW CleanTech's value examination focuses on studying past and present price action to predict the probability of CVW CleanTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVW CleanTech's price. Additionally, you may evaluate how the addition of CVW CleanTech to your portfolios can decrease your overall portfolio volatility.