Colonial Coal's market value is the price at which a share of Colonial Coal trades on a public exchange. It measures the collective expectations of Colonial Coal International investors about its performance. Colonial Coal is trading at 1.25 as of the 7th of January 2025. This is a 3.1% down since the beginning of the trading day. The stock's lowest day price was 1.25. With this module, you can estimate the performance of a buy and hold strategy of Colonial Coal International and determine expected loss or profit from investing in Colonial Coal over a given investment horizon. Check out Colonial Coal Correlation, Colonial Coal Volatility and Colonial Coal Alpha and Beta module to complement your research on Colonial Coal.
Please note, there is a significant difference between Colonial Coal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colonial Coal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colonial Coal'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.
Colonial Coal '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 Colonial Coal's 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 Colonial Coal.
0.00
12/08/2024
No Change 0.00
0.0
In 30 days
01/07/2025
0.00
If you would invest 0.00 in Colonial Coal on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Colonial Coal International or generate 0.0% return on investment in Colonial Coal over 30 days. Colonial Coal is related to or competes with Coronado Global, Arch Resources, Alpha Metallurgical, Warrior Met, Ramaco Resources, SunCoke Energy, and American Resources. Colonial Coal International Corp., an exploration stage company, engages in the acquisition, exploration, and developmen... More
Colonial Coal 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 Colonial Coal's 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 Colonial Coal International upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Colonial Coal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Colonial Coal's standard deviation. In reality, there are many statistical measures that can use Colonial Coal historical prices to predict the future Colonial Coal's volatility.
Colonial Coal Intern secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Colonial Coal International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Colonial Coal's Mean Deviation of 1.74, standard deviation of 3.04, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0296, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Colonial Coal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Colonial Coal is expected to be smaller as well. At this point, Colonial Coal Intern has a negative expected return of -0.55%. Please make sure to confirm Colonial Coal's total risk alpha, as well as the relationship between the kurtosis and day typical price , to decide if Colonial Coal Intern performance from the past will be repeated at some point in the near future.
Auto-correlation
0.82
Very good predictability
Colonial Coal International has very good predictability. Overlapping area represents the amount of predictability between Colonial Coal time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Colonial Coal Intern price movement. The serial correlation of 0.82 indicates that around 82.0% of current Colonial Coal price fluctuation can be explain by its past prices.
Correlation Coefficient
0.82
Spearman Rank Test
-0.12
Residual Average
0.0
Price Variance
0.0
Colonial Coal Intern lagged returns against current returns
Autocorrelation, which is Colonial Coal 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 Colonial Coal's pink sheet expected returns. We can calculate the autocorrelation of Colonial Coal returns to help us make a trade decision. For example, suppose you find that Colonial Coal 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
Colonial Coal 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 Colonial Coal pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Colonial Coal pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Colonial Coal pink sheet over time.
Current vs Lagged Prices
Timeline
Colonial Coal Lagged Returns
When evaluating Colonial Coal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Colonial Coal pink sheet have on its future price. Colonial Coal 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, Colonial Coal autocorrelation shows the relationship between Colonial Coal pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Colonial Coal International.
Other Information on Investing in Colonial Pink Sheet
Colonial Coal financial ratios help investors to determine whether Colonial 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 Colonial with respect to the benefits of owning Colonial Coal security.