California Nanotechnologies Corp Stock Market Value
| CANOF Stock | USD 0.25 0.01 4.17% |
| Symbol | California |
California Nanotechnologies '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 California Nanotechnologies' 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 California Nanotechnologies.
| 12/03/2025 |
| 01/02/2026 |
If you would invest 0.00 in California Nanotechnologies on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding California Nanotechnologies Corp or generate 0.0% return on investment in California Nanotechnologies over 30 days. California Nanotechnologies is related to or competes with Autris, Chibougamau Independent, Fox River, and Precipitate Gold. California Nanotechnologies Corp. engages in the research, development, and production of nano-structured components and... More
California Nanotechnologies 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 California Nanotechnologies' 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 California Nanotechnologies Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.13 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 34.44 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 11.11 |
California Nanotechnologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for California Nanotechnologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as California Nanotechnologies' standard deviation. In reality, there are many statistical measures that can use California Nanotechnologies historical prices to predict the future California Nanotechnologies' volatility.| Risk Adjusted Performance | 0.0128 | |||
| Jensen Alpha | 0.0287 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.15) |
California Nanotechnologies Backtested Returns
California Nanotechnologies secures Sharpe Ratio (or Efficiency) of -0.0959, which signifies that the company had a -0.0959 % return per unit of risk over the last 3 months. California Nanotechnologies Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm California Nanotechnologies' Risk Adjusted Performance of 0.0128, downside deviation of 7.13, and Mean Deviation of 3.34 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning California Nanotechnologies are expected to decrease at a much lower rate. During the bear market, California Nanotechnologies is likely to outperform the market. At this point, California Nanotechnologies has a negative expected return of -0.46%. Please make sure to confirm California Nanotechnologies' total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if California Nanotechnologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
California Nanotechnologies Corp has weak reverse predictability. Overlapping area represents the amount of predictability between California Nanotechnologies time series from 3rd of December 2025 to 18th of December 2025 and 18th of December 2025 to 2nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of California Nanotechnologies price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current California Nanotechnologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
California Nanotechnologies lagged returns against current returns
Autocorrelation, which is California Nanotechnologies 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 California Nanotechnologies' pink sheet expected returns. We can calculate the autocorrelation of California Nanotechnologies returns to help us make a trade decision. For example, suppose you find that California Nanotechnologies 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 |
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California Nanotechnologies 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 California Nanotechnologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if California Nanotechnologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in California Nanotechnologies pink sheet over time.
Current vs Lagged Prices |
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California Nanotechnologies Lagged Returns
When evaluating California Nanotechnologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of California Nanotechnologies pink sheet have on its future price. California Nanotechnologies 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, California Nanotechnologies autocorrelation shows the relationship between California Nanotechnologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in California Nanotechnologies Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in California Pink Sheet
California Nanotechnologies financial ratios help investors to determine whether California 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 California with respect to the benefits of owning California Nanotechnologies security.