Cloudberry Clean (Norway) Market Value
| CLOUD Stock | NOK 10.90 0.42 3.71% |
| Symbol | Cloudberry |
Cloudberry Clean '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 Cloudberry Clean'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 Cloudberry Clean.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Cloudberry Clean on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Cloudberry Clean Energy or generate 0.0% return on investment in Cloudberry Clean over 30 days. Cloudberry Clean is related to or competes with Aker Carbon, Elkem ASA, Vow ASA, North Energy, Arcticzymes Technologies, Eqva ASA, and XXL ASA. Cloudberry Clean Energy AS operates as a renewable energy company More
Cloudberry Clean 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 Cloudberry Clean'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 Cloudberry Clean Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.52 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 2.83 |
Cloudberry Clean Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cloudberry Clean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cloudberry Clean's standard deviation. In reality, there are many statistical measures that can use Cloudberry Clean historical prices to predict the future Cloudberry Clean's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cloudberry Clean'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.
Cloudberry Clean Energy Backtested Returns
Cloudberry Clean Energy secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Cloudberry Clean Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cloudberry Clean's Risk Adjusted Performance of (0.06), standard deviation of 1.84, and Mean Deviation of 1.46 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cloudberry Clean's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cloudberry Clean is expected to be smaller as well. At this point, Cloudberry Clean Energy has a negative expected return of -0.26%. Please make sure to confirm Cloudberry Clean's maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if Cloudberry Clean Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.06 |
Virtually no predictability
Cloudberry Clean Energy has virtually no predictability. Overlapping area represents the amount of predictability between Cloudberry Clean time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Cloudberry Clean Energy price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Cloudberry Clean price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Cloudberry Clean Energy lagged returns against current returns
Autocorrelation, which is Cloudberry Clean 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 Cloudberry Clean's stock expected returns. We can calculate the autocorrelation of Cloudberry Clean returns to help us make a trade decision. For example, suppose you find that Cloudberry Clean 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 |
Cloudberry Clean 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 Cloudberry Clean stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cloudberry Clean stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cloudberry Clean stock over time.
Current vs Lagged Prices |
| Timeline |
Cloudberry Clean Lagged Returns
When evaluating Cloudberry Clean's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cloudberry Clean stock have on its future price. Cloudberry Clean 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, Cloudberry Clean autocorrelation shows the relationship between Cloudberry Clean stock current value and its past values and can show if there is a momentum factor associated with investing in Cloudberry Clean Energy.
Regressed Prices |
| Timeline |
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Cloudberry Clean financial ratios help investors to determine whether Cloudberry 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 Cloudberry with respect to the benefits of owning Cloudberry Clean security.