Calima Energy Limited Stock Market Value
| CLMEF Stock | USD 0.01 0.00 0.00% |
| Symbol | Calima |
Calima 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 Calima Energy's otc 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 Calima Energy.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Calima Energy on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Calima Energy Limited or generate 0.0% return on investment in Calima Energy over 30 days. Calima Energy is related to or competes with Altura Energy, Arrow Exploration, and Barrister Energy. Calima Energy Limited explores for and develops oil and natural gas assets in the Western Canadian Sedimentary Basin More
Calima 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 Calima Energy's otc 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 Calima Energy Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0813 | |||
| Maximum Drawdown | 25.0 |
Calima Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calima Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calima Energy's standard deviation. In reality, there are many statistical measures that can use Calima Energy historical prices to predict the future Calima Energy's volatility.| Risk Adjusted Performance | 0.1016 | |||
| Jensen Alpha | 0.3757 | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (6.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calima 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.
Calima Energy Limited Backtested Returns
Calima Energy appears to be out of control, given 3 months investment horizon. Calima Energy Limited secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Calima Energy Limited, which you can use to evaluate the volatility of the firm. Please makes use of Calima Energy's Standard Deviation of 3.08, risk adjusted performance of 0.1016, and Mean Deviation of 0.7461 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Calima Energy holds a performance score of 9. The firm shows a Beta (market volatility) of -0.058, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Calima Energy are expected to decrease at a much lower rate. During the bear market, Calima Energy is likely to outperform the market. Please check Calima Energy's treynor ratio, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Calima Energy's price patterns will revert.
Auto-correlation | 1.00 |
Perfect predictability
Calima Energy Limited has perfect predictability. Overlapping area represents the amount of predictability between Calima Energy time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Calima Energy Limited price movement. The serial correlation of 1.0 indicates that 100.0% of current Calima Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Calima Energy Limited lagged returns against current returns
Autocorrelation, which is Calima Energy otc 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 Calima Energy's otc stock expected returns. We can calculate the autocorrelation of Calima Energy returns to help us make a trade decision. For example, suppose you find that Calima Energy has exhibited high autocorrelation historically, and you observe that the otc 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 |
Calima 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 Calima Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calima Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calima Energy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Calima Energy Lagged Returns
When evaluating Calima Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calima Energy otc stock have on its future price. Calima 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, Calima Energy autocorrelation shows the relationship between Calima Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Calima Energy Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Calima OTC Stock
Calima Energy financial ratios help investors to determine whether Calima OTC Stock 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 Calima with respect to the benefits of owning Calima Energy security.