CVW CleanTech's market value is the price at which a share of CVW CleanTech trades on a public exchange. It measures the collective expectations of CVW CleanTech investors about its performance. CVW CleanTech is trading at 0.6 as of the 30th of January 2025. This is a 3.45 percent increase since the beginning of the trading day. The stock's lowest day price was 0.6. With this module, you can estimate the performance of a buy and hold strategy of CVW CleanTech and determine expected loss or profit from investing in CVW CleanTech 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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in census.
Symbol
CVW
CVW CleanTech '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 CVW CleanTech'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 CVW CleanTech.
0.00
11/01/2024
No Change 0.00
0.0
In 3 months and 1 day
01/30/2025
0.00
If you would invest 0.00 in CVW CleanTech on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding CVW CleanTech or generate 0.0% return on investment in CVW CleanTech over 90 days.
CVW CleanTech 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 CVW CleanTech'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 CVW CleanTech 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 CVW CleanTech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CVW CleanTech's standard deviation. In reality, there are many statistical measures that can use CVW CleanTech historical prices to predict the future CVW CleanTech's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CVW CleanTech. Your research has to be compared to or analyzed against CVW CleanTech's peers to derive any actionable benefits. When done correctly, CVW CleanTech's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CVW CleanTech.
CVW CleanTech Backtested Returns
CVW CleanTech secures Sharpe Ratio (or Efficiency) of 0.024, which signifies that the company had a 0.024 % return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for CVW CleanTech, which you can use to evaluate the volatility of the firm. Please confirm CVW CleanTech's mean deviation of 1.08, and Risk Adjusted Performance of 0.0269 to double-check if the risk estimate we provide is consistent with the expected return of 0.0647%. CVW CleanTech has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CVW CleanTech are expected to decrease at a much lower rate. During the bear market, CVW CleanTech is likely to outperform the market. CVW CleanTech presently shows a risk of 2.7%. Please confirm CVW CleanTech value at risk and the relationship between the expected short fall and period momentum indicator , to decide if CVW CleanTech will be following its price patterns.
Auto-correlation
-0.32
Poor reverse predictability
CVW CleanTech has poor reverse predictability. Overlapping area represents the amount of predictability between CVW CleanTech time series from 1st of November 2024 to 16th of December 2024 and 16th of December 2024 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CVW CleanTech price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current CVW CleanTech price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.32
Spearman Rank Test
-0.1
Residual Average
0.0
Price Variance
0.0
CVW CleanTech lagged returns against current returns
Autocorrelation, which is CVW CleanTech 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 CVW CleanTech's otc stock expected returns. We can calculate the autocorrelation of CVW CleanTech returns to help us make a trade decision. For example, suppose you find that CVW CleanTech 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
Timeline
CVW CleanTech 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 CVW CleanTech otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CVW CleanTech otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CVW CleanTech otc stock over time.
Current vs Lagged Prices
Timeline
CVW CleanTech Lagged Returns
When evaluating CVW CleanTech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CVW CleanTech otc stock have on its future price. CVW CleanTech 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, CVW CleanTech autocorrelation shows the relationship between CVW CleanTech otc stock current value and its past values and can show if there is a momentum factor associated with investing in CVW CleanTech.