Cootek Cayman Stock Market Value
| CTKYY Stock | USD 0.03 0.00 0.00% |
| Symbol | CooTek |
CooTek Cayman '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 CooTek Cayman'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 CooTek Cayman.
| 01/22/2024 |
| 01/11/2026 |
If you would invest 0.00 in CooTek Cayman on January 22, 2024 and sell it all today you would earn a total of 0.00 from holding CooTek Cayman or generate 0.0% return on investment in CooTek Cayman over 720 days. CooTek Inc. operates as a mobile internet company in the United States, the Peoples Republic of China, and international... More
CooTek Cayman 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 CooTek Cayman'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 CooTek Cayman upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 49.14 | |||
| Information Ratio | 0.2061 | |||
| Maximum Drawdown | 688.51 | |||
| Value At Risk | (76.40) | |||
| Potential Upside | 352.49 |
CooTek Cayman Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CooTek Cayman's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CooTek Cayman's standard deviation. In reality, there are many statistical measures that can use CooTek Cayman historical prices to predict the future CooTek Cayman's volatility.| Risk Adjusted Performance | 0.1638 | |||
| Jensen Alpha | 26.69 | |||
| Total Risk Alpha | 11.84 | |||
| Sortino Ratio | 0.5313 | |||
| Treynor Ratio | (4.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CooTek Cayman'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.
CooTek Cayman Backtested Returns
CooTek Cayman is out of control given 3 months investment horizon. CooTek Cayman secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19 % return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-four different technical indicators, which can help you to evaluate if expected returns of 20.69% are justified by taking the suggested risk. Use CooTek Cayman Mean Deviation of 58.19, downside deviation of 49.14, and Risk Adjusted Performance of 0.1638 to evaluate company specific risk that cannot be diversified away. CooTek Cayman holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -5.85, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CooTek Cayman are expected to decrease by larger amounts. On the other hand, during market turmoil, CooTek Cayman is expected to outperform it. Use CooTek Cayman total risk alpha, downside variance, day median price, as well as the relationship between the maximum drawdown and skewness , to analyze future returns on CooTek Cayman.
Auto-correlation | 0.18 |
Very weak predictability
CooTek Cayman has very weak predictability. Overlapping area represents the amount of predictability between CooTek Cayman time series from 22nd of January 2024 to 16th of January 2025 and 16th of January 2025 to 11th 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 CooTek Cayman price movement. The serial correlation of 0.18 indicates that over 18.0% of current CooTek Cayman price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CooTek Cayman lagged returns against current returns
Autocorrelation, which is CooTek Cayman 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 CooTek Cayman's pink sheet expected returns. We can calculate the autocorrelation of CooTek Cayman returns to help us make a trade decision. For example, suppose you find that CooTek Cayman 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 |
CooTek Cayman 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 CooTek Cayman pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CooTek Cayman pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CooTek Cayman pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CooTek Cayman Lagged Returns
When evaluating CooTek Cayman's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CooTek Cayman pink sheet have on its future price. CooTek Cayman 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, CooTek Cayman autocorrelation shows the relationship between CooTek Cayman pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CooTek Cayman.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for CooTek Pink Sheet Analysis
When running CooTek Cayman's price analysis, check to measure CooTek Cayman's 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 CooTek Cayman is operating at the current time. Most of CooTek Cayman's value examination focuses on studying past and present price action to predict the probability of CooTek Cayman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CooTek Cayman's price. Additionally, you may evaluate how the addition of CooTek Cayman to your portfolios can decrease your overall portfolio volatility.