Cheche Group Warrant Stock Market Value
| CCGWW Stock | 0.02 0 5.26% |
| Symbol | Cheche |
Cheche Group Warrant Company Valuation
Is Interactive Media & Services 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 Cheche Group. If investors know Cheche 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 Cheche Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 49.558 | Quarterly Revenue Growth 0.025 | Return On Assets (0.11) | Return On Equity (0.46) |
The market value of Cheche Group Warrant is measured differently than its book value, which is the value of Cheche that is recorded on the company's balance sheet. Investors also form their own opinion of Cheche Group's value that differs from its market value or its book value, called intrinsic value, which is Cheche Group'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 Cheche Group's market value can be influenced by many factors that don't directly affect Cheche Group'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 Cheche Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cheche Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cheche Group'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.
Cheche Group '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 Cheche Group'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 Cheche Group.
| 12/10/2022 |
| 11/29/2024 |
If you would invest 0.00 in Cheche Group on December 10, 2022 and sell it all today you would earn a total of 0.00 from holding Cheche Group Warrant or generate 0.0% return on investment in Cheche Group over 720 days. Cheche Group is related to or competes with United Parks, NiSource, Transportadora, Antero Midstream, Mattel, Vistra Energy, and Marine Products. Cheche Group is entity of United States. It is traded as Stock on NASDAQ exchange. More
Cheche Group 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 Cheche Group'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 Cheche Group Warrant upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 40.79 | |||
| Value At Risk | (15.00) | |||
| Potential Upside | 13.04 |
Cheche Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cheche Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cheche Group's standard deviation. In reality, there are many statistical measures that can use Cheche Group historical prices to predict the future Cheche Group's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (1.99) | |||
| Treynor Ratio | 0.7854 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cheche Group's 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.
Cheche Group Warrant Backtested Returns
At this stage we consider Cheche Stock to be out of control. Cheche Group Warrant secures Sharpe Ratio (or Efficiency) of 0.0125, which signifies that the company had a 0.0125% return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for Cheche Group Warrant, which you can use to evaluate the volatility of the firm. Please confirm Cheche Group's mean deviation of 4.8, and Risk Adjusted Performance of (0.05) to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. The firm shows a Beta (market volatility) of -0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cheche Group are expected to decrease at a much lower rate. During the bear market, Cheche Group is likely to outperform the market. Cheche Group Warrant right now shows a risk of 8.15%. Please confirm Cheche Group Warrant treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Cheche Group Warrant will be following its price patterns.
Auto-correlation | 0.29 |
Poor predictability
Cheche Group Warrant has poor predictability. Overlapping area represents the amount of predictability between Cheche Group time series from 10th of December 2022 to 5th of December 2023 and 5th of December 2023 to 29th 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 Cheche Group Warrant price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Cheche Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cheche Group Warrant lagged returns against current returns
Autocorrelation, which is Cheche Group 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 Cheche Group's stock expected returns. We can calculate the autocorrelation of Cheche Group returns to help us make a trade decision. For example, suppose you find that Cheche Group 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 |
Cheche Group 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 Cheche Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cheche Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cheche Group stock over time.
Current vs Lagged Prices |
| Timeline |
Cheche Group Lagged Returns
When evaluating Cheche Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cheche Group stock have on its future price. Cheche Group 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, Cheche Group autocorrelation shows the relationship between Cheche Group stock current value and its past values and can show if there is a momentum factor associated with investing in Cheche Group Warrant.
Regressed Prices |
| Timeline |
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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.Additional Tools for Cheche Stock Analysis
When running Cheche Group's price analysis, check to measure Cheche Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cheche Group is operating at the current time. Most of Cheche Group's value examination focuses on studying past and present price action to predict the probability of Cheche Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheche Group's price. Additionally, you may evaluate how the addition of Cheche Group to your portfolios can decrease your overall portfolio volatility.