Comba Telecom Systems Stock Market Value
| COBJF Stock | USD 0.08 0.04 33.08% |
| Symbol | Comba |
Comba Telecom '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 Comba Telecom'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 Comba Telecom.
| 05/05/2023 |
| 11/25/2024 |
If you would invest 0.00 in Comba Telecom on May 5, 2023 and sell it all today you would earn a total of 0.00 from holding Comba Telecom Systems or generate 0.0% return on investment in Comba Telecom over 570 days. Comba Telecom is related to or competes with Boxlight Corp, Siyata Mobile, ClearOne, Mobilicom Limited, and SatixFy Communications. Comba Telecom Systems Holdings Limited, an investment holding company, engages in research, development, manufacture, an... More
Comba Telecom 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 Comba Telecom'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 Comba Telecom Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 33.08 |
Comba Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comba Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Comba Telecom's standard deviation. In reality, there are many statistical measures that can use Comba Telecom historical prices to predict the future Comba Telecom's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | 0.6331 |
Comba Telecom Systems Backtested Returns
Comba Telecom Systems secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Comba Telecom Systems exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Comba Telecom's Standard Deviation of 4.07, mean deviation of 0.9873, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Comba Telecom are expected to decrease at a much lower rate. During the bear market, Comba Telecom is likely to outperform the market. At this point, Comba Telecom Systems has a negative expected return of -0.52%. Please make sure to confirm Comba Telecom's jensen alpha and the relationship between the kurtosis and period momentum indicator , to decide if Comba Telecom Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Comba Telecom Systems has insignificant predictability. Overlapping area represents the amount of predictability between Comba Telecom time series from 5th of May 2023 to 14th of February 2024 and 14th of February 2024 to 25th 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 Comba Telecom Systems price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Comba Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Comba Telecom Systems lagged returns against current returns
Autocorrelation, which is Comba Telecom 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 Comba Telecom's pink sheet expected returns. We can calculate the autocorrelation of Comba Telecom returns to help us make a trade decision. For example, suppose you find that Comba Telecom 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 |
Comba Telecom 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 Comba Telecom pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Comba Telecom pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Comba Telecom pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Comba Telecom Lagged Returns
When evaluating Comba Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Comba Telecom pink sheet have on its future price. Comba Telecom 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, Comba Telecom autocorrelation shows the relationship between Comba Telecom pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Comba Telecom Systems.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Comba Pink Sheet
Comba Telecom financial ratios help investors to determine whether Comba 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 Comba with respect to the benefits of owning Comba Telecom security.