Calian Group Stock Market Value
| CLNFF Stock | USD 35.10 0.66 1.85% |
| Symbol | Calian |
Calian Group '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 Calian Group'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 Calian Group.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Calian Group on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Calian Group or generate 0.0% return on investment in Calian Group over 30 days. Calian Group is related to or competes with Team, SMX Public, Lichen China, and System1. Calian Group Ltd. provides business services and solutions in the areas of health, defense, security, aerospace, enginee... More
Calian Group 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 Calian Group'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 Calian Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 12.07 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 0.3469 |
Calian Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calian Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calian Group's standard deviation. In reality, there are many statistical measures that can use Calian Group historical prices to predict the future Calian Group's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (1.19) |
Calian Group Backtested Returns
Calian Group secures Sharpe Ratio (or Efficiency) of -0.0661, which signifies that the company had a -0.0661% return per unit of risk over the last 3 months. Calian Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calian Group's Risk Adjusted Performance of (0.04), mean deviation of 0.5474, and Standard Deviation of 1.67 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0932, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Calian Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calian Group is expected to be smaller as well. At this point, Calian Group has a negative expected return of -0.11%. Please make sure to confirm Calian Group's total risk alpha, daily balance of power, relative strength index, as well as the relationship between the potential upside and day typical price , to decide if Calian Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.65 |
Good predictability
Calian Group has good predictability. Overlapping area represents the amount of predictability between Calian Group time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 Calian Group price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Calian Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Calian Group lagged returns against current returns
Autocorrelation, which is Calian Group 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 Calian Group's pink sheet expected returns. We can calculate the autocorrelation of Calian Group returns to help us make a trade decision. For example, suppose you find that Calian Group 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 |
Calian Group 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 Calian Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calian Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calian Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Calian Group Lagged Returns
When evaluating Calian Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calian Group pink sheet have on its future price. Calian Group 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, Calian Group autocorrelation shows the relationship between Calian Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Calian Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Calian Pink Sheet
Calian Group financial ratios help investors to determine whether Calian 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 Calian with respect to the benefits of owning Calian Group security.