Crunchfish (Sweden) Market Value
| CFISH Stock | SEK 1.21 0.11 8.33% |
| Symbol | Crunchfish |
Crunchfish '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 Crunchfish'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 Crunchfish.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Crunchfish on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Crunchfish AB or generate 0.0% return on investment in Crunchfish over 90 days. Crunchfish is related to or competes with Bambuser, Maha Energy, Cantargia, and Minesto AB. Crunchfish AB develops software for augmented and virtual reality interaction worldwide More
Crunchfish 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 Crunchfish'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 Crunchfish AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 57.98 | |||
| Value At Risk | (12.56) | |||
| Potential Upside | 6.99 |
Crunchfish Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crunchfish's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crunchfish's standard deviation. In reality, there are many statistical measures that can use Crunchfish historical prices to predict the future Crunchfish's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (1.90) | |||
| Total Risk Alpha | (3.12) | |||
| Treynor Ratio | (9.34) |
Crunchfish AB Backtested Returns
Crunchfish AB secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22% return per unit of risk over the last 3 months. Crunchfish AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crunchfish's Standard Deviation of 7.88, mean deviation of 5.16, and Risk Adjusted Performance of (0.17) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Crunchfish's returns are expected to increase less than the market. However, during the bear market, the loss of holding Crunchfish is expected to be smaller as well. At this point, Crunchfish AB has a negative expected return of -1.72%. Please make sure to confirm Crunchfish's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Crunchfish AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.74 |
Good predictability
Crunchfish AB has good predictability. Overlapping area represents the amount of predictability between Crunchfish time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Crunchfish AB price movement. The serial correlation of 0.74 indicates that around 74.0% of current Crunchfish price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Crunchfish AB lagged returns against current returns
Autocorrelation, which is Crunchfish 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 Crunchfish's stock expected returns. We can calculate the autocorrelation of Crunchfish returns to help us make a trade decision. For example, suppose you find that Crunchfish 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 |
Crunchfish 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 Crunchfish stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crunchfish stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crunchfish stock over time.
Current vs Lagged Prices |
| Timeline |
Crunchfish Lagged Returns
When evaluating Crunchfish's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crunchfish stock have on its future price. Crunchfish 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, Crunchfish autocorrelation shows the relationship between Crunchfish stock current value and its past values and can show if there is a momentum factor associated with investing in Crunchfish AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Crunchfish Stock Analysis
When running Crunchfish's price analysis, check to measure Crunchfish'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 Crunchfish is operating at the current time. Most of Crunchfish's value examination focuses on studying past and present price action to predict the probability of Crunchfish's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crunchfish's price. Additionally, you may evaluate how the addition of Crunchfish to your portfolios can decrease your overall portfolio volatility.