Chemtrade Logistics Income Stock Market Value
| CGIFF Stock | USD 7.23 0.10 1.36% |
| Symbol | Chemtrade |
Chemtrade Logistics '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 Chemtrade Logistics' 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 Chemtrade Logistics.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Chemtrade Logistics on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Chemtrade Logistics Income or generate 0.0% return on investment in Chemtrade Logistics over 30 days. Chemtrade Logistics is related to or competes with Zhihu, Asure Software, Playtech Plc, Infosys, Canlan Ice, Thor Industries, and Mattel. Chemtrade Logistics Income Fund offers industrial chemicals and services in Canada, the United States, and South America More
Chemtrade Logistics 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 Chemtrade Logistics' 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 Chemtrade Logistics Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 7.87 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 2.65 |
Chemtrade Logistics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chemtrade Logistics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chemtrade Logistics' standard deviation. In reality, there are many statistical measures that can use Chemtrade Logistics historical prices to predict the future Chemtrade Logistics' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.38) |
Chemtrade Logistics Backtested Returns
Chemtrade Logistics secures Sharpe Ratio (or Efficiency) of -0.0816, which signifies that the company had a -0.0816 % return per unit of standard deviation over the last 3 months. Chemtrade Logistics Income exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chemtrade Logistics' risk adjusted performance of (0.06), and Mean Deviation of 1.2 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Chemtrade Logistics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Chemtrade Logistics is expected to be smaller as well. At this point, Chemtrade Logistics has a negative expected return of -0.14%. Please make sure to confirm Chemtrade Logistics' potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Chemtrade Logistics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.82 |
Excellent reverse predictability
Chemtrade Logistics Income has excellent reverse predictability. Overlapping area represents the amount of predictability between Chemtrade Logistics time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st 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 Chemtrade Logistics price movement. The serial correlation of -0.82 indicates that around 82.0% of current Chemtrade Logistics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Chemtrade Logistics lagged returns against current returns
Autocorrelation, which is Chemtrade Logistics 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 Chemtrade Logistics' pink sheet expected returns. We can calculate the autocorrelation of Chemtrade Logistics returns to help us make a trade decision. For example, suppose you find that Chemtrade Logistics 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 |
Chemtrade Logistics 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 Chemtrade Logistics pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chemtrade Logistics pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chemtrade Logistics pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Chemtrade Logistics Lagged Returns
When evaluating Chemtrade Logistics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chemtrade Logistics pink sheet have on its future price. Chemtrade Logistics 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, Chemtrade Logistics autocorrelation shows the relationship between Chemtrade Logistics pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Chemtrade Logistics Income.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Chemtrade Pink Sheet
Chemtrade Logistics financial ratios help investors to determine whether Chemtrade 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 Chemtrade with respect to the benefits of owning Chemtrade Logistics security.