Calissio Resources Group Stock Market Value
| CRGP Stock | USD 0.0004 0.0002 33.33% |
| Symbol | Calissio |
Calissio Resources '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 Calissio Resources' 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 Calissio Resources.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Calissio Resources on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Calissio Resources Group or generate 0.0% return on investment in Calissio Resources over 30 days. Calissio Resources is related to or competes with Mundoro Capital. Calissio Resources Group, Inc. undertakes the exploration and production of copper resource on its Jovita mining propert... More
Calissio Resources 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 Calissio Resources' 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 Calissio Resources Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 83.33 |
Calissio Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calissio Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calissio Resources' standard deviation. In reality, there are many statistical measures that can use Calissio Resources historical prices to predict the future Calissio Resources' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.93) | |||
| Total Risk Alpha | (2.07) | |||
| Treynor Ratio | (0.27) |
Calissio Resources Backtested Returns
Calissio Resources is out of control given 3 months investment horizon. Calissio Resources 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. We were able to analyze and collect data for nineteen different technical indicators, which can help you to evaluate if expected returns of 14.74% are justified by taking the suggested risk. Use Calissio Resources Risk Adjusted Performance of (0.04), standard deviation of 9.05, and Mean Deviation of 2.72 to evaluate company specific risk that cannot be diversified away. Calissio Resources holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.38, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Calissio Resources will likely underperform. Use Calissio Resources standard deviation, skewness, as well as the relationship between the Skewness and day typical price , to analyze future returns on Calissio Resources.
Auto-correlation | -0.57 |
Good reverse predictability
Calissio Resources Group has good reverse predictability. Overlapping area represents the amount of predictability between Calissio Resources time series from 25th of October 2024 to 9th of November 2024 and 9th of November 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 Calissio Resources price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Calissio Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Calissio Resources lagged returns against current returns
Autocorrelation, which is Calissio Resources 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 Calissio Resources' pink sheet expected returns. We can calculate the autocorrelation of Calissio Resources returns to help us make a trade decision. For example, suppose you find that Calissio Resources 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 |
Calissio Resources 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 Calissio Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calissio Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calissio Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Calissio Resources Lagged Returns
When evaluating Calissio Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calissio Resources pink sheet have on its future price. Calissio Resources 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, Calissio Resources autocorrelation shows the relationship between Calissio Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Calissio Resources Group.
Regressed Prices |
| Timeline |
Pair Trading with Calissio Resources
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 Calissio Resources 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 Calissio Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Calissio Pink Sheet
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| 0.58 | KB | KB Financial Group | PairCorr |
| 0.56 | CRWD | Crowdstrike Holdings Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Calissio Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calissio Resources 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 Calissio Resources - 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 Calissio Resources Group to buy it.
The correlation of Calissio Resources 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 Calissio Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calissio Resources 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 Calissio Resources 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 Calissio Pink Sheet Analysis
When running Calissio Resources' price analysis, check to measure Calissio Resources' 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 Calissio Resources is operating at the current time. Most of Calissio Resources' value examination focuses on studying past and present price action to predict the probability of Calissio Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calissio Resources' price. Additionally, you may evaluate how the addition of Calissio Resources to your portfolios can decrease your overall portfolio volatility.