Chineseworldnetcom Stock Market Value
| CWNOF Stock | USD 0.01 0.00 0.00% |
| Symbol | ChineseworldnetCom |
ChineseworldnetCom '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 ChineseworldnetCom'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 ChineseworldnetCom.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in ChineseworldnetCom on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding ChineseworldnetCom or generate 0.0% return on investment in ChineseworldnetCom over 30 days. ChineseworldnetCom is related to or competes with FARO Technologies, Nextplat Corp, AKITA Drilling, Summit Materials, Tenaris SA, Allient, and Amkor Technology. Chineseworldnet.com Inc. does not have significant operations More
ChineseworldnetCom 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 ChineseworldnetCom'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 ChineseworldnetCom upside and downside potential and time the market with a certain degree of confidence.
ChineseworldnetCom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ChineseworldnetCom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ChineseworldnetCom's standard deviation. In reality, there are many statistical measures that can use ChineseworldnetCom historical prices to predict the future ChineseworldnetCom's volatility.ChineseworldnetCom Backtested Returns
We have found three technical indicators for ChineseworldnetCom, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and ChineseworldnetCom are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
ChineseworldnetCom has perfect predictability. Overlapping area represents the amount of predictability between ChineseworldnetCom time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 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 ChineseworldnetCom price movement. The serial correlation of 1.0 indicates that 100.0% of current ChineseworldnetCom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ChineseworldnetCom lagged returns against current returns
Autocorrelation, which is ChineseworldnetCom 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 ChineseworldnetCom's pink sheet expected returns. We can calculate the autocorrelation of ChineseworldnetCom returns to help us make a trade decision. For example, suppose you find that ChineseworldnetCom 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 |
ChineseworldnetCom 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 ChineseworldnetCom pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ChineseworldnetCom pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ChineseworldnetCom pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ChineseworldnetCom Lagged Returns
When evaluating ChineseworldnetCom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ChineseworldnetCom pink sheet have on its future price. ChineseworldnetCom 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, ChineseworldnetCom autocorrelation shows the relationship between ChineseworldnetCom pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ChineseworldnetCom.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ChineseworldnetCom Pink Sheet
ChineseworldnetCom financial ratios help investors to determine whether ChineseworldnetCom Pink Sheet 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 ChineseworldnetCom with respect to the benefits of owning ChineseworldnetCom security.