Caldwell Partners International Stock Market Value
| CWL Stock | CAD 1.05 0.06 5.41% |
| Symbol | Caldwell |
Caldwell Partners Price To Book Ratio
Caldwell Partners '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 Caldwell Partners' 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 Caldwell Partners.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Caldwell Partners on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Caldwell Partners International or generate 0.0% return on investment in Caldwell Partners over 90 days. Caldwell Partners is related to or competes with ADF, Chesswood Group, Firan Technology, Maxim Power, and Currency Exchange. The Caldwell Partners International Inc. provides executive search consulting services in Canada, the United States, Eur... More
Caldwell Partners 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 Caldwell Partners' 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 Caldwell Partners International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.71 | |||
| Value At Risk | (5.31) | |||
| Potential Upside | 6.6 |
Caldwell Partners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Caldwell Partners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Caldwell Partners' standard deviation. In reality, there are many statistical measures that can use Caldwell Partners historical prices to predict the future Caldwell Partners' volatility.| Risk Adjusted Performance | 3.0E-4 | |||
| Jensen Alpha | 0.0632 | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 0.0508 |
Caldwell Partners Backtested Returns
Caldwell Partners secures Sharpe Ratio (or Efficiency) of -0.0058, which signifies that the company had a -0.0058% return per unit of risk over the last 3 months. Caldwell Partners International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Caldwell Partners' Standard Deviation of 3.28, risk adjusted performance of 3.0E-4, and Mean Deviation of 2.32 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Caldwell Partners are expected to decrease at a much lower rate. During the bear market, Caldwell Partners is likely to outperform the market. At this point, Caldwell Partners has a negative expected return of -0.0192%. Please make sure to confirm Caldwell Partners' day median price, period momentum indicator, as well as the relationship between the kurtosis and maximum drawdown , to decide if Caldwell Partners performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Caldwell Partners International has modest reverse predictability. Overlapping area represents the amount of predictability between Caldwell Partners time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 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 Caldwell Partners price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Caldwell Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Caldwell Partners lagged returns against current returns
Autocorrelation, which is Caldwell Partners 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 Caldwell Partners' stock expected returns. We can calculate the autocorrelation of Caldwell Partners returns to help us make a trade decision. For example, suppose you find that Caldwell Partners 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 |
Caldwell Partners 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 Caldwell Partners stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Caldwell Partners stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Caldwell Partners stock over time.
Current vs Lagged Prices |
| Timeline |
Caldwell Partners Lagged Returns
When evaluating Caldwell Partners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Caldwell Partners stock have on its future price. Caldwell Partners 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, Caldwell Partners autocorrelation shows the relationship between Caldwell Partners stock current value and its past values and can show if there is a momentum factor associated with investing in Caldwell Partners International.
Regressed Prices |
| Timeline |
Pair Trading with Caldwell Partners
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 Caldwell Partners 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 Caldwell Partners will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Caldwell Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caldwell Partners 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 Caldwell Partners - 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 Caldwell Partners International to buy it.
The correlation of Caldwell Partners 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 Caldwell Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caldwell Partners 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 Caldwell Partners 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 Caldwell Stock
Caldwell Partners financial ratios help investors to determine whether Caldwell 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 Caldwell with respect to the benefits of owning Caldwell Partners security.