Co2 Gro Stock Market Value
| BLONF Stock | USD 0.01 0 20.63% |
| Symbol | CO2 |
CO2 Gro '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 CO2 Gro's pink sheet 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 CO2 Gro.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in CO2 Gro on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding CO2 Gro or generate 0.0% return on investment in CO2 Gro over 360 days. CO2 Gro is related to or competes with Vow ASA, and TOMI Environmental. CO2 Gro Inc., together with its subsidiaries, focuses on commercializing patent-licensed CO2 gas infusion technology and... More
CO2 Gro 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 CO2 Gro's pink sheet 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 CO2 Gro upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 48.07 | |||
| Information Ratio | 0.1313 | |||
| Maximum Drawdown | 271.56 | |||
| Value At Risk | (40.19) | |||
| Potential Upside | 67.19 |
CO2 Gro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CO2 Gro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CO2 Gro's standard deviation. In reality, there are many statistical measures that can use CO2 Gro historical prices to predict the future CO2 Gro's volatility.| Risk Adjusted Performance | 0.1129 | |||
| Jensen Alpha | 5.46 | |||
| Total Risk Alpha | (1.25) | |||
| Sortino Ratio | 0.1055 | |||
| Treynor Ratio | (2.55) |
CO2 Gro Backtested Returns
CO2 Gro is out of control given 3 months investment horizon. CO2 Gro retains Efficiency (Sharpe Ratio) of 0.14, which signifies that the company had a 0.14% return per unit of price deviation over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 5.29% are justified by taking the suggested risk. Use CO2 Gro Standard Deviation of 38.6, coefficient of variation of 741.25, and Market Risk Adjusted Performance of (2.54) to evaluate company specific risk that cannot be diversified away. CO2 Gro holds a performance score of 10 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -2.04, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CO2 Gro are expected to decrease by larger amounts. On the other hand, during market turmoil, CO2 Gro is expected to outperform it. Use CO2 Gro coefficient of variation, potential upside, day median price, as well as the relationship between the sortino ratio and skewness , to analyze future returns on CO2 Gro.
Auto-correlation | 0.26 |
Poor predictability
CO2 Gro has poor predictability. Overlapping area represents the amount of predictability between CO2 Gro time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 CO2 Gro price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current CO2 Gro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CO2 Gro lagged returns against current returns
Autocorrelation, which is CO2 Gro pink sheet'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 CO2 Gro's pink sheet expected returns. We can calculate the autocorrelation of CO2 Gro returns to help us make a trade decision. For example, suppose you find that CO2 Gro has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
CO2 Gro 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 CO2 Gro pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CO2 Gro pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CO2 Gro pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CO2 Gro Lagged Returns
When evaluating CO2 Gro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CO2 Gro pink sheet have on its future price. CO2 Gro 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, CO2 Gro autocorrelation shows the relationship between CO2 Gro pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CO2 Gro.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CO2 Pink Sheet
CO2 Gro financial ratios help investors to determine whether CO2 Pink Sheet 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 CO2 with respect to the benefits of owning CO2 Gro security.