CmbTech NV (Norway) Market Value
| CMBTO Stock | 95.70 1.90 1.95% |
| Symbol | CmbTech |
CmbTech NV '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 CmbTech NV'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 CmbTech NV.
| 01/06/2024 |
| 12/26/2025 |
If you would invest 0.00 in CmbTech NV on January 6, 2024 and sell it all today you would earn a total of 0.00 from holding CmbTech NV or generate 0.0% return on investment in CmbTech NV over 720 days.
CmbTech NV 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 CmbTech NV'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 CmbTech NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.39 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.29 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 4.24 |
CmbTech NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CmbTech NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CmbTech NV's standard deviation. In reality, there are many statistical measures that can use CmbTech NV historical prices to predict the future CmbTech NV's volatility.| Risk Adjusted Performance | 0.0132 | |||
| Jensen Alpha | 0.0225 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.08) |
CmbTech NV Backtested Returns
As of now, CmbTech Stock is very steady. CmbTech NV secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for CmbTech NV, which you can use to evaluate the volatility of the firm. Please confirm CmbTech NV's mean deviation of 2.06, and Risk Adjusted Performance of 0.0132 to double-check if the risk estimate we provide is consistent with the expected return of 0.0216%. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CmbTech NV are expected to decrease at a much lower rate. During the bear market, CmbTech NV is likely to outperform the market. CmbTech NV right now shows a risk of 2.53%. Please confirm CmbTech NV coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if CmbTech NV will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
CmbTech NV has no correlation between past and present. Overlapping area represents the amount of predictability between CmbTech NV time series from 6th of January 2024 to 31st of December 2024 and 31st of December 2024 to 26th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CmbTech NV price movement. The serial correlation of 0.0 indicates that just 0.0% of current CmbTech NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CmbTech NV lagged returns against current returns
Autocorrelation, which is CmbTech NV 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 CmbTech NV's stock expected returns. We can calculate the autocorrelation of CmbTech NV returns to help us make a trade decision. For example, suppose you find that CmbTech NV 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 |
CmbTech NV 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 CmbTech NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CmbTech NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CmbTech NV stock over time.
Current vs Lagged Prices |
| Timeline |
CmbTech NV Lagged Returns
When evaluating CmbTech NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CmbTech NV stock have on its future price. CmbTech NV 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, CmbTech NV autocorrelation shows the relationship between CmbTech NV stock current value and its past values and can show if there is a momentum factor associated with investing in CmbTech NV.
Regressed Prices |
| Timeline |
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