CIM FINANCIAL (Mauritius) Market Value
| CIM Stock | 12.50 0.20 1.57% |
| Symbol | CIM |
CIM FINANCIAL '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 CIM FINANCIAL'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 CIM FINANCIAL.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in CIM FINANCIAL on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding CIM FINANCIAL SERVICES or generate 0.0% return on investment in CIM FINANCIAL over 90 days.
CIM FINANCIAL 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 CIM FINANCIAL'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 CIM FINANCIAL SERVICES upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.64 | |||
| Information Ratio | 0.0609 | |||
| Maximum Drawdown | 8.72 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.97 |
CIM FINANCIAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CIM FINANCIAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CIM FINANCIAL's standard deviation. In reality, there are many statistical measures that can use CIM FINANCIAL historical prices to predict the future CIM FINANCIAL's volatility.| Risk Adjusted Performance | 0.1339 | |||
| Jensen Alpha | 0.1957 | |||
| Total Risk Alpha | 0.0127 | |||
| Sortino Ratio | 0.0425 | |||
| Treynor Ratio | (2.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CIM FINANCIAL'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.
CIM FINANCIAL SERVICES Backtested Returns
CIM FINANCIAL appears to be not too volatile, given 3 months investment horizon. CIM FINANCIAL SERVICES secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for CIM FINANCIAL SERVICES, which you can use to evaluate the volatility of the firm. Please makes use of CIM FINANCIAL's mean deviation of 0.6378, and Risk Adjusted Performance of 0.1339 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CIM FINANCIAL holds a performance score of 13. The firm shows a Beta (market volatility) of -0.0918, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CIM FINANCIAL are expected to decrease at a much lower rate. During the bear market, CIM FINANCIAL is likely to outperform the market. Please check CIM FINANCIAL's jensen alpha, potential upside, daily balance of power, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether CIM FINANCIAL's price patterns will revert.
Auto-correlation | -0.82 |
Excellent reverse predictability
CIM FINANCIAL SERVICES has excellent reverse predictability. Overlapping area represents the amount of predictability between CIM FINANCIAL time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 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 CIM FINANCIAL SERVICES price movement. The serial correlation of -0.82 indicates that around 82.0% of current CIM FINANCIAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
CIM FINANCIAL SERVICES lagged returns against current returns
Autocorrelation, which is CIM FINANCIAL 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 CIM FINANCIAL's stock expected returns. We can calculate the autocorrelation of CIM FINANCIAL returns to help us make a trade decision. For example, suppose you find that CIM FINANCIAL 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 |
CIM FINANCIAL 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 CIM FINANCIAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CIM FINANCIAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CIM FINANCIAL stock over time.
Current vs Lagged Prices |
| Timeline |
CIM FINANCIAL Lagged Returns
When evaluating CIM FINANCIAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CIM FINANCIAL stock have on its future price. CIM FINANCIAL 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, CIM FINANCIAL autocorrelation shows the relationship between CIM FINANCIAL stock current value and its past values and can show if there is a momentum factor associated with investing in CIM FINANCIAL SERVICES.
Regressed Prices |
| Timeline |
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