Cleanaway Waste (Australia) Market Value
| CWY Stock | 2.70 0.02 0.74% |
| Symbol | Cleanaway |
Cleanaway Waste '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 Cleanaway Waste'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 Cleanaway Waste.
| 03/01/2023 |
| 02/18/2025 |
If you would invest 0.00 in Cleanaway Waste on March 1, 2023 and sell it all today you would earn a total of 0.00 from holding Cleanaway Waste Management or generate 0.0% return on investment in Cleanaway Waste over 720 days. Cleanaway Waste is related to or competes with Gold Road, Mirrabooka Investments, Carlton Investments, Hudson Investment, and TPG Telecom. Cleanaway Waste is entity of Australia. It is traded as Stock on AU exchange. More
Cleanaway Waste 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 Cleanaway Waste'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 Cleanaway Waste Management upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.8 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 1.49 |
Cleanaway Waste Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cleanaway Waste's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cleanaway Waste's standard deviation. In reality, there are many statistical measures that can use Cleanaway Waste historical prices to predict the future Cleanaway Waste's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.32) |
Cleanaway Waste Mana Backtested Returns
Cleanaway Waste Mana secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12 % return per unit of standard deviation over the last 3 months. Cleanaway Waste Management exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cleanaway Waste's risk adjusted performance of (0.01), and Mean Deviation of 0.7531 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cleanaway Waste's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cleanaway Waste is expected to be smaller as well. At this point, Cleanaway Waste Mana has a negative expected return of -0.1%. Please make sure to confirm Cleanaway Waste's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Cleanaway Waste Mana performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Cleanaway Waste Management has insignificant reverse predictability. Overlapping area represents the amount of predictability between Cleanaway Waste time series from 1st of March 2023 to 24th of February 2024 and 24th of February 2024 to 18th of February 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 Cleanaway Waste Mana price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Cleanaway Waste price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Cleanaway Waste Mana lagged returns against current returns
Autocorrelation, which is Cleanaway Waste 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 Cleanaway Waste's stock expected returns. We can calculate the autocorrelation of Cleanaway Waste returns to help us make a trade decision. For example, suppose you find that Cleanaway Waste 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 |
Cleanaway Waste 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 Cleanaway Waste stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cleanaway Waste stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cleanaway Waste stock over time.
Current vs Lagged Prices |
| Timeline |
Cleanaway Waste Lagged Returns
When evaluating Cleanaway Waste's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cleanaway Waste stock have on its future price. Cleanaway Waste 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, Cleanaway Waste autocorrelation shows the relationship between Cleanaway Waste stock current value and its past values and can show if there is a momentum factor associated with investing in Cleanaway Waste Management.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Cleanaway Stock Analysis
When running Cleanaway Waste's price analysis, check to measure Cleanaway Waste'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 Cleanaway Waste is operating at the current time. Most of Cleanaway Waste's value examination focuses on studying past and present price action to predict the probability of Cleanaway Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleanaway Waste's price. Additionally, you may evaluate how the addition of Cleanaway Waste to your portfolios can decrease your overall portfolio volatility.