Carmel Corp's market value is the price at which a share of Carmel Corp trades on a public exchange. It measures the collective expectations of Carmel Corp investors about its performance. Carmel Corp is trading at 1855.00 as of the 15th of January 2026, a 0.11% up since the beginning of the trading day. The stock's open price was 1853.0. With this module, you can estimate the performance of a buy and hold strategy of Carmel Corp and determine expected loss or profit from investing in Carmel Corp over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Symbol
Carmel
Carmel Corp '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 Carmel Corp's stock 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 Carmel Corp.
0.00
01/26/2024
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/15/2026
0.00
If you would invest 0.00 in Carmel Corp on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Carmel Corp or generate 0.0% return on investment in Carmel Corp over 720 days.
Carmel Corp 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 Carmel Corp's stock 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 Carmel Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carmel Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carmel Corp's standard deviation. In reality, there are many statistical measures that can use Carmel Corp historical prices to predict the future Carmel Corp's volatility.
Carmel Corp secures Sharpe Ratio (or Efficiency) of -0.0981, which signifies that the company had a -0.0981 % return per unit of risk over the last 3 months. Carmel Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carmel Corp's Mean Deviation of 1.05, risk adjusted performance of 0.011, and Downside Deviation of 1.71 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Carmel Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Carmel Corp is expected to be smaller as well. At this point, Carmel Corp has a negative expected return of -0.12%. Please make sure to confirm Carmel Corp's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Carmel Corp performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.15
Insignificant reverse predictability
Carmel Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Carmel Corp time series from 26th of January 2024 to 20th of January 2025 and 20th of January 2025 to 15th 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 Carmel Corp price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Carmel Corp price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.15
Spearman Rank Test
0.04
Residual Average
0.0
Price Variance
20.9 K
Carmel Corp lagged returns against current returns
Autocorrelation, which is Carmel Corp stock'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 Carmel Corp's stock expected returns. We can calculate the autocorrelation of Carmel Corp returns to help us make a trade decision. For example, suppose you find that Carmel Corp has exhibited high autocorrelation historically, and you observe that the stock 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
Carmel Corp 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 Carmel Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carmel Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carmel Corp stock over time.
Current vs Lagged Prices
Timeline
Carmel Corp Lagged Returns
When evaluating Carmel Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carmel Corp stock have on its future price. Carmel Corp 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, Carmel Corp autocorrelation shows the relationship between Carmel Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Carmel Corp.
Regressed Prices
Timeline
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