The Connecticut Light Stock Market Value
| CNLTP Stock | USD 36.20 0.40 1.09% |
| Symbol | Connecticut |
Connecticut Light '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 Connecticut Light'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 Connecticut Light.
| 10/24/2025 |
| 01/22/2026 |
If you would invest 0.00 in Connecticut Light on October 24, 2025 and sell it all today you would earn a total of 0.00 from holding The Connecticut Light or generate 0.0% return on investment in Connecticut Light over 90 days. Connecticut Light is related to or competes with Aboitiz Power, Polaris Infrastructure, Maxim Power, Aboitiz Equity, and Beijing Energy. The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of el... More
Connecticut Light 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 Connecticut Light'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 The Connecticut Light upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 3.08 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 1.52 |
Connecticut Light Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Connecticut Light's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Connecticut Light's standard deviation. In reality, there are many statistical measures that can use Connecticut Light historical prices to predict the future Connecticut Light's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 1.65 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Connecticut Light'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.
Connecticut Light January 22, 2026 Technical Indicators
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| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 1.66 | |||
| Mean Deviation | 0.4682 | |||
| Coefficient Of Variation | (4,207) | |||
| Standard Deviation | 0.8242 | |||
| Variance | 0.6793 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 1.65 | |||
| Maximum Drawdown | 3.08 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 1.52 | |||
| Skewness | 0.0299 | |||
| Kurtosis | 0.4372 |
Connecticut Light Backtested Returns
Connecticut Light secures Sharpe Ratio (or Efficiency) of -0.0238, which signifies that the company had a -0.0238 % return per unit of standard deviation over the last 3 months. The Connecticut Light exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Connecticut Light's Coefficient Of Variation of (4,207), risk adjusted performance of (0.02), and Mean Deviation of 0.4682 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0179, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Connecticut Light are expected to decrease at a much lower rate. During the bear market, Connecticut Light is likely to outperform the market. At this point, Connecticut Light has a negative expected return of -0.0196%. Please make sure to confirm Connecticut Light's information ratio, as well as the relationship between the skewness and price action indicator , to decide if Connecticut Light performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.21 |
Weak reverse predictability
The Connecticut Light has weak reverse predictability. Overlapping area represents the amount of predictability between Connecticut Light time series from 24th of October 2025 to 8th of December 2025 and 8th of December 2025 to 22nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Connecticut Light price movement. The serial correlation of -0.21 indicates that over 21.0% of current Connecticut Light price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Pair Trading with Connecticut Light
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 Connecticut Light 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 Connecticut Light will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Connecticut Light could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Connecticut Light 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 Connecticut Light - 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 The Connecticut Light to buy it.
The correlation of Connecticut Light 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 Connecticut Light moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Connecticut Light 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 Connecticut Light 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 Connecticut Pink Sheet Analysis
When running Connecticut Light's price analysis, check to measure Connecticut Light'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 Connecticut Light is operating at the current time. Most of Connecticut Light's value examination focuses on studying past and present price action to predict the probability of Connecticut Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Connecticut Light's price. Additionally, you may evaluate how the addition of Connecticut Light to your portfolios can decrease your overall portfolio volatility.