Conwest Assoc Part Stock Market Value
| CWPS Stock | USD 23.55 0.00 0.00% |
| Symbol | Conwest |
Conwest Assoc '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 Conwest Assoc'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 Conwest Assoc.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Conwest Assoc on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding Conwest Assoc Part or generate 0.0% return on investment in Conwest Assoc over 60 days. Conwest Assoc is related to or competes with ABIVAX Société, Pinnacle Sherman, Morningstar Unconstrained, SPACE, Knife River, Capital Income, and SEI Investments. Conwest Associates, LP collects and distributes royalty payments More
Conwest Assoc 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 Conwest Assoc'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 Conwest Assoc Part upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 9.97 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 2.17 |
Conwest Assoc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Conwest Assoc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Conwest Assoc's standard deviation. In reality, there are many statistical measures that can use Conwest Assoc historical prices to predict the future Conwest Assoc's volatility.| Risk Adjusted Performance | 0.0111 | |||
| Jensen Alpha | 0.0067 | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.05) |
Conwest Assoc Part Backtested Returns
Currently, Conwest Assoc Part is very steady. Conwest Assoc Part secures Sharpe Ratio (or Efficiency) of 0.0093, which signifies that the company had a 0.0093% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Conwest Assoc Part, which you can use to evaluate the volatility of the firm. Please confirm Conwest Assoc's Standard Deviation of 1.32, mean deviation of 0.4425, and Risk Adjusted Performance of 0.0111 to double-check if the risk estimate we provide is consistent with the expected return of 0.0128%. The firm shows a Beta (market volatility) of -0.0402, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Conwest Assoc are expected to decrease at a much lower rate. During the bear market, Conwest Assoc is likely to outperform the market. Conwest Assoc Part right now shows a risk of 1.38%. Please confirm Conwest Assoc Part variance and skewness , to decide if Conwest Assoc Part will be following its price patterns.
Auto-correlation | -0.7 |
Very good reverse predictability
Conwest Assoc Part has very good reverse predictability. Overlapping area represents the amount of predictability between Conwest Assoc time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th 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 Conwest Assoc Part price movement. The serial correlation of -0.7 indicates that around 70.0% of current Conwest Assoc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Conwest Assoc Part lagged returns against current returns
Autocorrelation, which is Conwest Assoc 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 Conwest Assoc's pink sheet expected returns. We can calculate the autocorrelation of Conwest Assoc returns to help us make a trade decision. For example, suppose you find that Conwest Assoc 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 |
Conwest Assoc 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 Conwest Assoc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Conwest Assoc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Conwest Assoc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Conwest Assoc Lagged Returns
When evaluating Conwest Assoc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Conwest Assoc pink sheet have on its future price. Conwest Assoc 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, Conwest Assoc autocorrelation shows the relationship between Conwest Assoc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Conwest Assoc Part.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Conwest Pink Sheet Analysis
When running Conwest Assoc's price analysis, check to measure Conwest Assoc'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 Conwest Assoc is operating at the current time. Most of Conwest Assoc's value examination focuses on studying past and present price action to predict the probability of Conwest Assoc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conwest Assoc's price. Additionally, you may evaluate how the addition of Conwest Assoc to your portfolios can decrease your overall portfolio volatility.