Carawine Resources (Australia) Market Value
| CWX Stock | 0.11 0.01 10.00% |
| Symbol | Carawine |
Carawine Resources '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 Carawine Resources' 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 Carawine Resources.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Carawine Resources on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Carawine Resources Limited or generate 0.0% return on investment in Carawine Resources over 90 days. Carawine Resources is related to or competes with BlackWall Property, Auctus Alternative, BKI Investment, REGAL ASIAN, Rural Funds, Janison Education, and Dexus Convenience. Carawine Resources is entity of Australia More
Carawine Resources 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 Carawine Resources' 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 Carawine Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.106 | |||
| Maximum Drawdown | 28.18 | |||
| Potential Upside | 10.0 |
Carawine Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carawine Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carawine Resources' standard deviation. In reality, there are many statistical measures that can use Carawine Resources historical prices to predict the future Carawine Resources' volatility.| Risk Adjusted Performance | 0.0765 | |||
| Jensen Alpha | 0.2576 | |||
| Total Risk Alpha | 0.7427 | |||
| Treynor Ratio | (1.30) |
Carawine Resources Backtested Returns
Carawine Resources appears to be out of control, given 3 months investment horizon. Carawine Resources secures Sharpe Ratio (or Efficiency) of 0.0728, which signifies that the company had a 0.0728 % return per unit of risk over the last 3 months. We have found twenty technical indicators for Carawine Resources Limited, which you can use to evaluate the volatility of the firm. Please makes use of Carawine Resources' Mean Deviation of 1.47, risk adjusted performance of 0.0765, and Standard Deviation of 3.68 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Carawine Resources holds a performance score of 5. The firm shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Carawine Resources are expected to decrease at a much lower rate. During the bear market, Carawine Resources is likely to outperform the market. Please check Carawine Resources' jensen alpha, potential upside, kurtosis, as well as the relationship between the total risk alpha and skewness , to make a quick decision on whether Carawine Resources' price patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Carawine Resources Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Carawine Resources time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Carawine Resources price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Carawine Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Carawine Resources lagged returns against current returns
Autocorrelation, which is Carawine Resources 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 Carawine Resources' stock expected returns. We can calculate the autocorrelation of Carawine Resources returns to help us make a trade decision. For example, suppose you find that Carawine Resources 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 |
Carawine Resources 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 Carawine Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carawine Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carawine Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Carawine Resources Lagged Returns
When evaluating Carawine Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carawine Resources stock have on its future price. Carawine Resources 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, Carawine Resources autocorrelation shows the relationship between Carawine Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Carawine Resources Limited.
Regressed Prices |
| Timeline |
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Additional Tools for Carawine Stock Analysis
When running Carawine Resources' price analysis, check to measure Carawine Resources' 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 Carawine Resources is operating at the current time. Most of Carawine Resources' value examination focuses on studying past and present price action to predict the probability of Carawine Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carawine Resources' price. Additionally, you may evaluate how the addition of Carawine Resources to your portfolios can decrease your overall portfolio volatility.