Climaterock Right Stock Market Value
| CLRCR Stock | USD 0.04 0.04 50.28% |
| Symbol | ClimateRock |
Is Multi-Sector Holdings space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ClimateRock Right. If investors know ClimateRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ClimateRock Right listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ClimateRock Right is measured differently than its book value, which is the value of ClimateRock that is recorded on the company's balance sheet. Investors also form their own opinion of ClimateRock Right's value that differs from its market value or its book value, called intrinsic value, which is ClimateRock Right's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ClimateRock Right's market value can be influenced by many factors that don't directly affect ClimateRock Right's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ClimateRock Right's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClimateRock Right is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClimateRock Right's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ClimateRock Right '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 ClimateRock Right'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 ClimateRock Right.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in ClimateRock Right on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding ClimateRock Right or generate 0.0% return on investment in ClimateRock Right over 30 days. ClimateRock focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar... More
ClimateRock Right 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 ClimateRock Right'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 ClimateRock Right upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 76.46 | |||
| Value At Risk | (32.21) | |||
| Potential Upside | 44.25 |
ClimateRock Right Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ClimateRock Right's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ClimateRock Right's standard deviation. In reality, there are many statistical measures that can use ClimateRock Right historical prices to predict the future ClimateRock Right's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (3.64) | |||
| Total Risk Alpha | (6.64) | |||
| Treynor Ratio | 1.45 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ClimateRock Right'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.
ClimateRock Right Backtested Returns
ClimateRock Right secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. ClimateRock Right exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ClimateRock Right's Standard Deviation of 19.46, risk adjusted performance of (0.14), and Mean Deviation of 13.71 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -2.7, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ClimateRock Right are expected to decrease by larger amounts. On the other hand, during market turmoil, ClimateRock Right is expected to outperform it. At this point, ClimateRock Right has a negative expected return of -3.91%. Please make sure to confirm ClimateRock Right's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if ClimateRock Right performance from the past will be repeated at some point in the near future.
Auto-correlation | 1.00 |
Perfect predictability
ClimateRock Right has perfect predictability. Overlapping area represents the amount of predictability between ClimateRock Right time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 ClimateRock Right price movement. The serial correlation of 1.0 indicates that 100.0% of current ClimateRock Right 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 |
ClimateRock Right lagged returns against current returns
Autocorrelation, which is ClimateRock Right 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 ClimateRock Right's stock expected returns. We can calculate the autocorrelation of ClimateRock Right returns to help us make a trade decision. For example, suppose you find that ClimateRock Right 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 |
ClimateRock Right 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 ClimateRock Right stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ClimateRock Right stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ClimateRock Right stock over time.
Current vs Lagged Prices |
| Timeline |
ClimateRock Right Lagged Returns
When evaluating ClimateRock Right's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ClimateRock Right stock have on its future price. ClimateRock Right 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, ClimateRock Right autocorrelation shows the relationship between ClimateRock Right stock current value and its past values and can show if there is a momentum factor associated with investing in ClimateRock Right.
Regressed Prices |
| Timeline |
Pair Trading with ClimateRock Right
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ClimateRock Right position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ClimateRock Right will appreciate offsetting losses from the drop in the long position's value.Moving against ClimateRock Stock
The ability to find closely correlated positions to ClimateRock Right could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ClimateRock Right when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ClimateRock Right - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ClimateRock Right to buy it.
The correlation of ClimateRock Right is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ClimateRock Right moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ClimateRock Right moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ClimateRock Right can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for ClimateRock Stock Analysis
When running ClimateRock Right's price analysis, check to measure ClimateRock Right's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ClimateRock Right is operating at the current time. Most of ClimateRock Right's value examination focuses on studying past and present price action to predict the probability of ClimateRock Right's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ClimateRock Right's price. Additionally, you may evaluate how the addition of ClimateRock Right to your portfolios can decrease your overall portfolio volatility.