Carbon Race Corp Stock Market Value
| CBRJ Stock | USD 0.0002 0.00 0.00% |
| Symbol | Carbon |
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carbon Race. If investors know Carbon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carbon Race listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (14.93) |
The market value of Carbon Race Corp is measured differently than its book value, which is the value of Carbon that is recorded on the company's balance sheet. Investors also form their own opinion of Carbon Race's value that differs from its market value or its book value, called intrinsic value, which is Carbon Race's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carbon Race's market value can be influenced by many factors that don't directly affect Carbon Race's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carbon Race's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carbon Race is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carbon Race's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Carbon Race '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 Carbon Race'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 Carbon Race.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Carbon Race on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Carbon Race Corp or generate 0.0% return on investment in Carbon Race over 720 days. Carbon Race is related to or competes with 360 Finance, Atlanticus Holdings, X Financial, Yirendai, and Sentage Holdings. Carbon Race Corp., a technology company, involves in the development and distribution of proprietary software defined ra... More
Carbon Race 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 Carbon Race'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 Carbon Race Corp upside and downside potential and time the market with a certain degree of confidence.
Carbon Race Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carbon Race's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carbon Race's standard deviation. In reality, there are many statistical measures that can use Carbon Race historical prices to predict the future Carbon Race's volatility.Carbon Race Corp Backtested Returns
We have found three technical indicators for Carbon Race Corp, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Carbon Race are completely uncorrelated.
Auto-correlation | -0.05 |
Very weak reverse predictability
Carbon Race Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Carbon Race time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Carbon Race Corp price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Carbon Race price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Carbon Race Corp lagged returns against current returns
Autocorrelation, which is Carbon Race 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 Carbon Race's stock expected returns. We can calculate the autocorrelation of Carbon Race returns to help us make a trade decision. For example, suppose you find that Carbon Race 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 |
Carbon Race 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 Carbon Race stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carbon Race stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carbon Race stock over time.
Current vs Lagged Prices |
| Timeline |
Carbon Race Lagged Returns
When evaluating Carbon Race's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carbon Race stock have on its future price. Carbon Race 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, Carbon Race autocorrelation shows the relationship between Carbon Race stock current value and its past values and can show if there is a momentum factor associated with investing in Carbon Race Corp.
Regressed Prices |
| Timeline |
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Carbon Race technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.