Ceres Power Holdings Stock Market Value
| CPWHF Stock | USD 2.20 0.05 2.33% |
| Symbol | Ceres |
Ceres Power '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 Ceres Power'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 Ceres Power.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Ceres Power on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Ceres Power Holdings or generate 0.0% return on investment in Ceres Power over 60 days. Ceres Power is related to or competes with NeoVolta Common, Hayward Holdings, Espey Mfg, Advanced Energy, Novonix, Lightbridge Corp, and Kimball Electronics. Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercializati... More
Ceres Power 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 Ceres Power'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 Ceres Power Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 30.88 | |||
| Value At Risk | (7.62) | |||
| Potential Upside | 10.67 |
Ceres Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ceres Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ceres Power's standard deviation. In reality, there are many statistical measures that can use Ceres Power historical prices to predict the future Ceres Power's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (0.13) |
Ceres Power Holdings Backtested Returns
Ceres Power Holdings secures Sharpe Ratio (or Efficiency) of -0.0121, which signifies that the company had a -0.0121% return per unit of risk over the last 3 months. Ceres Power Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ceres Power's Mean Deviation of 2.91, insignificant risk adjusted performance, and Standard Deviation of 5.2 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ceres Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ceres Power is expected to be smaller as well. At this point, Ceres Power Holdings has a negative expected return of -0.0634%. Please make sure to confirm Ceres Power's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Ceres Power Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.21 |
Weak reverse predictability
Ceres Power Holdings has weak reverse predictability. Overlapping area represents the amount of predictability between Ceres Power time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 to 24th 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 Ceres Power Holdings price movement. The serial correlation of -0.21 indicates that over 21.0% of current Ceres Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Ceres Power Holdings lagged returns against current returns
Autocorrelation, which is Ceres Power 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 Ceres Power's pink sheet expected returns. We can calculate the autocorrelation of Ceres Power returns to help us make a trade decision. For example, suppose you find that Ceres Power 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 |
Ceres Power 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 Ceres Power pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ceres Power pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ceres Power pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ceres Power Lagged Returns
When evaluating Ceres Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ceres Power pink sheet have on its future price. Ceres Power 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, Ceres Power autocorrelation shows the relationship between Ceres Power pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ceres Power Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ceres Pink Sheet
Ceres Power financial ratios help investors to determine whether Ceres 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 Ceres with respect to the benefits of owning Ceres Power security.