Chrysos Corp (Australia) Market Value
| C79 Stock | 4.69 0.13 2.70% |
| Symbol | Chrysos |
Chrysos Corp '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 Chrysos Corp'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 Chrysos Corp.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Chrysos Corp on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Chrysos Corp or generate 0.0% return on investment in Chrysos Corp over 30 days. Chrysos Corp is related to or competes with Aussie Broadband, Regis Healthcare, Event Hospitality, Hotel Property, Bisalloy Steel, and Global Health. Chrysos Corp is entity of Australia. It is traded as Stock on AU exchange. More
Chrysos Corp 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 Chrysos Corp'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 Chrysos Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 18.27 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 5.13 |
Chrysos Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chrysos Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chrysos Corp's standard deviation. In reality, there are many statistical measures that can use Chrysos Corp historical prices to predict the future Chrysos Corp's volatility.| Risk Adjusted Performance | (0.0004) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.23) |
Chrysos Corp Backtested Returns
Chrysos Corp secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Chrysos Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chrysos Corp's Risk Adjusted Performance of (0.0004), standard deviation of 3.33, and Mean Deviation of 2.53 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chrysos Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chrysos Corp is expected to be smaller as well. At this point, Chrysos Corp has a negative expected return of -0.37%. Please make sure to confirm Chrysos Corp's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Chrysos Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.59 |
Good reverse predictability
Chrysos Corp has good reverse predictability. Overlapping area represents the amount of predictability between Chrysos Corp time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 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 Chrysos Corp price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Chrysos Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Chrysos Corp lagged returns against current returns
Autocorrelation, which is Chrysos Corp 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 Chrysos Corp's stock expected returns. We can calculate the autocorrelation of Chrysos Corp returns to help us make a trade decision. For example, suppose you find that Chrysos Corp 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 |
Chrysos Corp 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 Chrysos Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chrysos Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chrysos Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Chrysos Corp Lagged Returns
When evaluating Chrysos Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chrysos Corp stock have on its future price. Chrysos Corp 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, Chrysos Corp autocorrelation shows the relationship between Chrysos Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Chrysos Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Chrysos Stock Analysis
When running Chrysos Corp's price analysis, check to measure Chrysos Corp'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 Chrysos Corp is operating at the current time. Most of Chrysos Corp's value examination focuses on studying past and present price action to predict the probability of Chrysos Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chrysos Corp's price. Additionally, you may evaluate how the addition of Chrysos Corp to your portfolios can decrease your overall portfolio volatility.