Cromwell Property Group Stock Market Value
| CMWCF Stock | USD 0.28 0.00 0.00% |
| Symbol | Cromwell |
Cromwell Property '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 Cromwell Property'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 Cromwell Property.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Cromwell Property on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Cromwell Property Group or generate 0.0% return on investment in Cromwell Property over 690 days. Cromwell Property is related to or competes with Legacy Education, Apple, NVIDIA, Microsoft, Amazon, Bristol-Myers Squibb, and Alphabet. Cromwell Property Group is a diversified real estate investor and manager with operations on three continents and a glob... More
Cromwell Property 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 Cromwell Property'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 Cromwell Property Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 3.7 |
Cromwell Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cromwell Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cromwell Property's standard deviation. In reality, there are many statistical measures that can use Cromwell Property historical prices to predict the future Cromwell Property's volatility.| Risk Adjusted Performance | 0.0875 | |||
| Jensen Alpha | 0.0471 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (5.62) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cromwell Property'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.
Cromwell Property Backtested Returns
At this point, Cromwell Property is very risky. Cromwell Property secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Cromwell Property Group, which you can use to evaluate the volatility of the firm. Please confirm Cromwell Property's Standard Deviation of 0.4559, mean deviation of 0.1105, and Risk Adjusted Performance of 0.0875 to double-check if the risk estimate we provide is consistent with the expected return of 0.0588%. Cromwell Property has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0082, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cromwell Property are expected to decrease at a much lower rate. During the bear market, Cromwell Property is likely to outperform the market. Cromwell Property right now shows a risk of 0.47%. Please confirm Cromwell Property variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Cromwell Property will be following its price patterns.
Auto-correlation | 0.78 |
Good predictability
Cromwell Property Group has good predictability. Overlapping area represents the amount of predictability between Cromwell Property time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Cromwell Property price movement. The serial correlation of 0.78 indicates that around 78.0% of current Cromwell Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cromwell Property lagged returns against current returns
Autocorrelation, which is Cromwell Property 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 Cromwell Property's pink sheet expected returns. We can calculate the autocorrelation of Cromwell Property returns to help us make a trade decision. For example, suppose you find that Cromwell Property 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 |
Cromwell Property 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 Cromwell Property pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cromwell Property pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cromwell Property pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cromwell Property Lagged Returns
When evaluating Cromwell Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cromwell Property pink sheet have on its future price. Cromwell Property 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, Cromwell Property autocorrelation shows the relationship between Cromwell Property pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cromwell Property Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cromwell Pink Sheet
Cromwell Property financial ratios help investors to determine whether Cromwell 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 Cromwell with respect to the benefits of owning Cromwell Property security.