Cryptostar Corp Stock Market Value
| CSTXF Stock | USD 0.02 0.0002 0.86% |
| Symbol | CryptoStar |
CryptoStar 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 CryptoStar Corp's otc 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 CryptoStar Corp.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in CryptoStar Corp on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding CryptoStar Corp or generate 0.0% return on investment in CryptoStar Corp over 720 days. CryptoStar Corp is related to or competes with Morgan Stanley, Goldman Sachs, Charles Schwab, Interactive Brokers, Goldman Sachs, Morgan Stanley, and Goldman Sachs. CryptoStar Corp. engages in cryptocurrency mining operations with data centers in Canada and the United States More
CryptoStar 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 CryptoStar Corp's otc 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 CryptoStar Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.33 | |||
| Information Ratio | 0.0524 | |||
| Maximum Drawdown | 80.1 | |||
| Value At Risk | (17.93) | |||
| Potential Upside | 24.44 |
CryptoStar Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CryptoStar Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CryptoStar Corp's standard deviation. In reality, there are many statistical measures that can use CryptoStar Corp historical prices to predict the future CryptoStar Corp's volatility.| Risk Adjusted Performance | 0.0562 | |||
| Jensen Alpha | 0.5515 | |||
| Total Risk Alpha | (0.85) | |||
| Sortino Ratio | 0.052 | |||
| Treynor Ratio | 0.3891 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CryptoStar Corp'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.
CryptoStar Corp Backtested Returns
CryptoStar Corp is out of control given 3 months investment horizon. CryptoStar Corp secures Sharpe Ratio (or Efficiency) of 0.0879, which signifies that the company had a 0.0879% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use CryptoStar Corp Risk Adjusted Performance of 0.0562, mean deviation of 6.93, and Downside Deviation of 12.33 to evaluate company specific risk that cannot be diversified away. CryptoStar Corp holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.9, 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, CryptoStar Corp will likely underperform. Use CryptoStar Corp downside variance, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on CryptoStar Corp.
Auto-correlation | 0.11 |
Insignificant predictability
CryptoStar Corp has insignificant predictability. Overlapping area represents the amount of predictability between CryptoStar Corp time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 CryptoStar Corp price movement. The serial correlation of 0.11 indicates that less than 11.0% of current CryptoStar Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CryptoStar Corp lagged returns against current returns
Autocorrelation, which is CryptoStar Corp otc 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 CryptoStar Corp's otc stock expected returns. We can calculate the autocorrelation of CryptoStar Corp returns to help us make a trade decision. For example, suppose you find that CryptoStar Corp has exhibited high autocorrelation historically, and you observe that the otc 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 |
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CryptoStar 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 CryptoStar Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CryptoStar Corp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CryptoStar Corp otc stock over time.
Current vs Lagged Prices |
| Timeline |
CryptoStar Corp Lagged Returns
When evaluating CryptoStar Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CryptoStar Corp otc stock have on its future price. CryptoStar 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, CryptoStar Corp autocorrelation shows the relationship between CryptoStar Corp otc stock current value and its past values and can show if there is a momentum factor associated with investing in CryptoStar Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CryptoStar OTC Stock
CryptoStar Corp financial ratios help investors to determine whether CryptoStar OTC Stock 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 CryptoStar with respect to the benefits of owning CryptoStar Corp security.