Carbios Sas Stock Market Value
| COOSF Stock | USD 9.60 0.29 3.11% |
| Symbol | Carbios |
Carbios SAS '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 Carbios SAS'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 Carbios SAS.
| 12/26/2022 |
| 12/15/2024 |
If you would invest 0.00 in Carbios SAS on December 26, 2022 and sell it all today you would earn a total of 0.00 from holding Carbios SAS or generate 0.0% return on investment in Carbios SAS over 720 days. Carbios SAS is related to or competes with Chemours, International Flavors, Air Products, PPG Industries, Linde Plc, Albemarle Corp, and Dupont De. Carbios SAS, a green chemistry company, develops industrial bioprocesses for the biodegradation and bio recycling of pol... More
Carbios SAS 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 Carbios SAS'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 Carbios SAS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 26.51 | |||
| Value At Risk | (11.03) | |||
| Potential Upside | 14.04 |
Carbios SAS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carbios SAS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carbios SAS's standard deviation. In reality, there are many statistical measures that can use Carbios SAS historical prices to predict the future Carbios SAS's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.97) | |||
| Total Risk Alpha | (1.84) | |||
| Treynor Ratio | 2.31 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carbios SAS'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.
Carbios SAS Backtested Returns
Carbios SAS secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Carbios SAS exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carbios SAS's Mean Deviation of 4.5, standard deviation of 6.69, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Carbios SAS are expected to decrease at a much lower rate. During the bear market, Carbios SAS is likely to outperform the market. At this point, Carbios SAS has a negative expected return of -1.02%. Please make sure to confirm Carbios SAS's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Carbios SAS performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.76 |
Good predictability
Carbios SAS has good predictability. Overlapping area represents the amount of predictability between Carbios SAS time series from 26th of December 2022 to 21st of December 2023 and 21st of December 2023 to 15th of December 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 Carbios SAS price movement. The serial correlation of 0.76 indicates that around 76.0% of current Carbios SAS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 42.28 |
Carbios SAS lagged returns against current returns
Autocorrelation, which is Carbios SAS 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 Carbios SAS's pink sheet expected returns. We can calculate the autocorrelation of Carbios SAS returns to help us make a trade decision. For example, suppose you find that Carbios SAS 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 |
Carbios SAS 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 Carbios SAS pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carbios SAS pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carbios SAS pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Carbios SAS Lagged Returns
When evaluating Carbios SAS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carbios SAS pink sheet have on its future price. Carbios SAS 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, Carbios SAS autocorrelation shows the relationship between Carbios SAS pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Carbios SAS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Carbios Pink Sheet
Carbios SAS financial ratios help investors to determine whether Carbios 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 Carbios with respect to the benefits of owning Carbios SAS security.