Crest Builder's market value is the price at which a share of Crest Builder trades on a public exchange. It measures the collective expectations of Crest Builder Holdings investors about its performance. Crest Builder is selling for 0.71 as of the 2nd of December 2024. This is a 4.48 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.64. With this module, you can estimate the performance of a buy and hold strategy of Crest Builder Holdings and determine expected loss or profit from investing in Crest Builder over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Crest
Crest Builder '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 Crest Builder'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 Crest Builder.
0.00
09/09/2023
No Change 0.00
0.0
In 1 year 2 months and 27 days
12/02/2024
0.00
If you would invest 0.00 in Crest Builder on September 9, 2023 and sell it all today you would earn a total of 0.00 from holding Crest Builder Holdings or generate 0.0% return on investment in Crest Builder over 450 days.
Crest Builder 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 Crest Builder'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 Crest Builder Holdings upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crest Builder's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crest Builder's standard deviation. In reality, there are many statistical measures that can use Crest Builder historical prices to predict the future Crest Builder's volatility.
Crest Builder Holdings secures Sharpe Ratio (or Efficiency) of -0.0069, which signifies that the company had a -0.0069% return per unit of standard deviation over the last 3 months. Crest Builder Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crest Builder's mean deviation of 0.9326 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Crest Builder are expected to decrease at a much lower rate. During the bear market, Crest Builder is likely to outperform the market. At this point, Crest Builder Holdings has a negative expected return of -0.0114%. Please make sure to confirm Crest Builder's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Crest Builder Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation
0.25
Poor predictability
Crest Builder Holdings has poor predictability. Overlapping area represents the amount of predictability between Crest Builder time series from 9th of September 2023 to 21st of April 2024 and 21st of April 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 Crest Builder Holdings price movement. The serial correlation of 0.25 indicates that over 25.0% of current Crest Builder price fluctuation can be explain by its past prices.
Correlation Coefficient
0.25
Spearman Rank Test
0.45
Residual Average
0.0
Price Variance
0.0
Crest Builder Holdings lagged returns against current returns
Autocorrelation, which is Crest Builder 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 Crest Builder's stock expected returns. We can calculate the autocorrelation of Crest Builder returns to help us make a trade decision. For example, suppose you find that Crest Builder 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
Crest Builder 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 Crest Builder stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crest Builder stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crest Builder stock over time.
Current vs Lagged Prices
Timeline
Crest Builder Lagged Returns
When evaluating Crest Builder's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crest Builder stock have on its future price. Crest Builder 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, Crest Builder autocorrelation shows the relationship between Crest Builder stock current value and its past values and can show if there is a momentum factor associated with investing in Crest Builder Holdings.
Regressed Prices
Timeline
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