CUE Energy (Australia) Market Value
| CUE Stock | 0.09 0.01 5.88% |
| Symbol | CUE |
CUE Energy '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 CUE Energy'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 CUE Energy.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in CUE Energy on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding CUE Energy Resources or generate 0.0% return on investment in CUE Energy over 30 days. CUE Energy is related to or competes with 29Metals, Perseus Mining, Environmental, Champion Iron, Dug Technology, Aurelia Metals, and Ironbark Capital. CUE Energy is entity of Australia. It is traded as Stock on AU exchange. More
CUE Energy 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 CUE Energy'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 CUE Energy Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 25.79 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 |
CUE Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CUE Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CUE Energy's standard deviation. In reality, there are many statistical measures that can use CUE Energy historical prices to predict the future CUE Energy's volatility.| Risk Adjusted Performance | 0.005 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | (0.04) |
CUE Energy Resources Backtested Returns
CUE Energy Resources secures Sharpe Ratio (or Efficiency) of -0.0046, which signifies that the company had a -0.0046% return per unit of risk over the last 3 months. CUE Energy Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CUE Energy's Mean Deviation of 3.06, risk adjusted performance of 0.005, and Standard Deviation of 5.27 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CUE Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding CUE Energy is expected to be smaller as well. At this point, CUE Energy Resources has a negative expected return of -0.0243%. Please make sure to confirm CUE Energy's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if CUE Energy Resources performance from the past will be repeated in the future.
Auto-correlation | 0.04 |
Virtually no predictability
CUE Energy Resources has virtually no predictability. Overlapping area represents the amount of predictability between CUE Energy time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 CUE Energy Resources price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current CUE Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CUE Energy Resources lagged returns against current returns
Autocorrelation, which is CUE Energy 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 CUE Energy's stock expected returns. We can calculate the autocorrelation of CUE Energy returns to help us make a trade decision. For example, suppose you find that CUE Energy 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 |
CUE Energy 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 CUE Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CUE Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CUE Energy stock over time.
Current vs Lagged Prices |
| Timeline |
CUE Energy Lagged Returns
When evaluating CUE Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CUE Energy stock have on its future price. CUE Energy 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, CUE Energy autocorrelation shows the relationship between CUE Energy stock current value and its past values and can show if there is a momentum factor associated with investing in CUE Energy Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for CUE Stock Analysis
When running CUE Energy's price analysis, check to measure CUE Energy'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 CUE Energy is operating at the current time. Most of CUE Energy's value examination focuses on studying past and present price action to predict the probability of CUE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CUE Energy's price. Additionally, you may evaluate how the addition of CUE Energy to your portfolios can decrease your overall portfolio volatility.