Carboclor (Argentina) Market Value
| CARC Stock | ARS 35.35 1.70 5.05% |
| Symbol | Carboclor |
Carboclor '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 Carboclor'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 Carboclor.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Carboclor on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Carboclor or generate 0.0% return on investment in Carboclor over 30 days. Carboclor is related to or competes with Harmony Gold, Compania, United States, Transportadora, Telecom Argentina, and Agrometal SAI. Carboclor S.A. provides port, storage, and logistics services in Argentina More
Carboclor 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 Carboclor'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 Carboclor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.17 | |||
| Information Ratio | 0.0289 | |||
| Maximum Drawdown | 14.42 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 4.77 |
Carboclor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carboclor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carboclor's standard deviation. In reality, there are many statistical measures that can use Carboclor historical prices to predict the future Carboclor's volatility.| Risk Adjusted Performance | 0.0601 | |||
| Jensen Alpha | 0.1807 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.034 | |||
| Treynor Ratio | (3.35) |
Carboclor Backtested Returns
Carboclor appears to be very steady, given 3 months investment horizon. Carboclor secures Sharpe Ratio (or Efficiency) of 0.0855, which signifies that the company had a 0.0855% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Carboclor, which you can use to evaluate the volatility of the firm. Please makes use of Carboclor's Downside Deviation of 2.17, risk adjusted performance of 0.0601, and Mean Deviation of 1.79 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Carboclor holds a performance score of 6. The firm shows a Beta (market volatility) of -0.0523, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Carboclor are expected to decrease at a much lower rate. During the bear market, Carboclor is likely to outperform the market. Please check Carboclor's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Carboclor's price patterns will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Carboclor has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Carboclor time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Carboclor price movement. The serial correlation of -0.74 indicates that around 74.0% of current Carboclor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.83 |
Carboclor lagged returns against current returns
Autocorrelation, which is Carboclor 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 Carboclor's stock expected returns. We can calculate the autocorrelation of Carboclor returns to help us make a trade decision. For example, suppose you find that Carboclor 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 |
Carboclor 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 Carboclor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carboclor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carboclor stock over time.
Current vs Lagged Prices |
| Timeline |
Carboclor Lagged Returns
When evaluating Carboclor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carboclor stock have on its future price. Carboclor 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, Carboclor autocorrelation shows the relationship between Carboclor stock current value and its past values and can show if there is a momentum factor associated with investing in Carboclor.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Carboclor Stock
Carboclor financial ratios help investors to determine whether Carboclor Stock 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 Carboclor with respect to the benefits of owning Carboclor security.