Cielo Waste Solutions Stock Market Value
| CMC Stock | 0.11 0.01 10.00% |
| Symbol | Cielo |
Cielo Waste Solutions Price To Book Ratio
Cielo Waste '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 Cielo Waste'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 Cielo Waste.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Cielo Waste on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Cielo Waste Solutions or generate 0.0% return on investment in Cielo Waste over 30 days. Cielo Waste is related to or competes with Thermal Energy. Cielo Waste is entity of Canada. It is traded as Stock on V exchange. More
Cielo Waste 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 Cielo Waste'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 Cielo Waste Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 26.79 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 7.14 |
Cielo Waste Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cielo Waste's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cielo Waste's standard deviation. In reality, there are many statistical measures that can use Cielo Waste historical prices to predict the future Cielo Waste's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (1.07) | |||
| Treynor Ratio | (8.54) |
Cielo Waste Solutions Backtested Returns
Cielo Waste Solutions secures Sharpe Ratio (or Efficiency) of -0.0522, which signifies that the company had a -0.0522% return per unit of standard deviation over the last 3 months. Cielo Waste Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cielo Waste's mean deviation of 3.27, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0277, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cielo Waste's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cielo Waste is expected to be smaller as well. At this point, Cielo Waste Solutions has a negative expected return of -0.26%. Please make sure to confirm Cielo Waste's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Cielo Waste Solutions performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.98 |
Excellent predictability
Cielo Waste Solutions has excellent predictability. Overlapping area represents the amount of predictability between Cielo Waste 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 Cielo Waste Solutions price movement. The serial correlation of 0.98 indicates that 98.0% of current Cielo Waste price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.98 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cielo Waste Solutions lagged returns against current returns
Autocorrelation, which is Cielo Waste 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 Cielo Waste's stock expected returns. We can calculate the autocorrelation of Cielo Waste returns to help us make a trade decision. For example, suppose you find that Cielo Waste 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 |
Cielo Waste 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 Cielo Waste stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cielo Waste stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cielo Waste stock over time.
Current vs Lagged Prices |
| Timeline |
Cielo Waste Lagged Returns
When evaluating Cielo Waste's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cielo Waste stock have on its future price. Cielo Waste 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, Cielo Waste autocorrelation shows the relationship between Cielo Waste stock current value and its past values and can show if there is a momentum factor associated with investing in Cielo Waste Solutions.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Cielo Stock Analysis
When running Cielo Waste's price analysis, check to measure Cielo Waste'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 Cielo Waste is operating at the current time. Most of Cielo Waste's value examination focuses on studying past and present price action to predict the probability of Cielo Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cielo Waste's price. Additionally, you may evaluate how the addition of Cielo Waste to your portfolios can decrease your overall portfolio volatility.