Coelacanth Energy Stock Market Value
| CEIEF Stock | USD 0.54 0.01 1.89% |
| Symbol | Coelacanth |
Coelacanth Energy '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 Coelacanth Energy'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 Coelacanth Energy.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Coelacanth Energy on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Coelacanth Energy or generate 0.0% return on investment in Coelacanth Energy over 180 days. Coelacanth Energy is related to or competes with Permian Resources, Devon Energy, EOG Resources, Coterra Energy, Diamondback Energy, and ConocoPhillips. Coelacanth Energy Inc. engages in the exploration, development, and production of oil and natural gas in Canada More
Coelacanth Energy 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 Coelacanth Energy'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 Coelacanth Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 10.92 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 2.0 |
Coelacanth Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coelacanth Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coelacanth Energy's standard deviation. In reality, there are many statistical measures that can use Coelacanth Energy historical prices to predict the future Coelacanth Energy's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (2.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Coelacanth Energy'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.
Coelacanth Energy Backtested Returns
Coelacanth Energy secures Sharpe Ratio (or Efficiency) of -0.0855, which signifies that the company had a -0.0855% return per unit of standard deviation over the last 3 months. Coelacanth Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Coelacanth Energy's risk adjusted performance of (0.1), and Mean Deviation of 1.05 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coelacanth Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coelacanth Energy is expected to be smaller as well. At this point, Coelacanth Energy has a negative expected return of -0.15%. Please make sure to confirm Coelacanth Energy's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Coelacanth Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Coelacanth Energy has weak reverse predictability. Overlapping area represents the amount of predictability between Coelacanth Energy time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Coelacanth Energy price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Coelacanth Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Coelacanth Energy lagged returns against current returns
Autocorrelation, which is Coelacanth Energy 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 Coelacanth Energy's pink sheet expected returns. We can calculate the autocorrelation of Coelacanth Energy returns to help us make a trade decision. For example, suppose you find that Coelacanth Energy 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 |
Coelacanth Energy 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 Coelacanth Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coelacanth Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coelacanth Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Coelacanth Energy Lagged Returns
When evaluating Coelacanth Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coelacanth Energy pink sheet have on its future price. Coelacanth Energy 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, Coelacanth Energy autocorrelation shows the relationship between Coelacanth Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Coelacanth Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Coelacanth Pink Sheet
Coelacanth Energy financial ratios help investors to determine whether Coelacanth 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 Coelacanth with respect to the benefits of owning Coelacanth Energy security.