Capstone Technologies Group Stock Market Value
| CATG Stock | USD 0.36 0.01 2.86% |
| Symbol | Capstone |
Capstone Technologies '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 Capstone Technologies' 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 Capstone Technologies.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Capstone Technologies on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Capstone Technologies Group or generate 0.0% return on investment in Capstone Technologies over 720 days. Capstone Technologies is related to or competes with Arhaus, Floor Decor, Live Ventures, Cisco Systems, Johnson Johnson, JPMorgan Chase, and Walmart. Capstone Technologies Group, Inc. does not have significant operations More
Capstone Technologies 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 Capstone Technologies' 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 Capstone Technologies Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 50.0 |
Capstone Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capstone Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capstone Technologies' standard deviation. In reality, there are many statistical measures that can use Capstone Technologies historical prices to predict the future Capstone Technologies' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (1.65) | |||
| Treynor Ratio | 0.1584 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Capstone Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Capstone Technologies Backtested Returns
Capstone Technologies 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. Capstone Technologies Group exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Capstone Technologies' Mean Deviation of 1.49, risk adjusted performance of (0.08), and Standard Deviation of 6.17 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -4.57, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Capstone Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, Capstone Technologies is expected to outperform it. At this point, Capstone Technologies has a negative expected return of -0.74%. Please make sure to confirm Capstone Technologies' variance, skewness, as well as the relationship between the Skewness and day median price , to decide if Capstone Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Capstone Technologies Group has good predictability. Overlapping area represents the amount of predictability between Capstone Technologies time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Capstone Technologies price movement. The serial correlation of 0.73 indicates that around 73.0% of current Capstone Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 1.66 |
Capstone Technologies lagged returns against current returns
Autocorrelation, which is Capstone Technologies 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 Capstone Technologies' pink sheet expected returns. We can calculate the autocorrelation of Capstone Technologies returns to help us make a trade decision. For example, suppose you find that Capstone Technologies 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 |
Capstone Technologies 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 Capstone Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capstone Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capstone Technologies pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Capstone Technologies Lagged Returns
When evaluating Capstone Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capstone Technologies pink sheet have on its future price. Capstone Technologies 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, Capstone Technologies autocorrelation shows the relationship between Capstone Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Capstone Technologies Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Capstone Pink Sheet
Capstone Technologies financial ratios help investors to determine whether Capstone 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 Capstone with respect to the benefits of owning Capstone Technologies security.