Crown Point Energy Stock Market Value
| CWVLF Stock | USD 0.04 0.01 20.00% |
| Symbol | Crown |
Crown Point '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 Crown Point'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 Crown Point.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Crown Point on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Crown Point Energy or generate 0.0% return on investment in Crown Point over 720 days. Crown Point is related to or competes with Petroleo Brasileiro, Equinor ASA, Eni SPA, YPF Sociedad, Ecopetrol, BP PLC, and Shell PLC. Crown Point Energy Inc., a junior oil and gas company, explores for, develops, and produces petroleum and natural gas pr... More
Crown Point 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 Crown Point'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 Crown Point Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 20.0 |
Crown Point Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crown Point's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crown Point's standard deviation. In reality, there are many statistical measures that can use Crown Point historical prices to predict the future Crown Point's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (1.07) | |||
| Treynor Ratio | 0.3801 |
Crown Point Energy Backtested Returns
Crown Point Energy secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Crown Point Energy exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crown Point's Mean Deviation of 1.08, risk adjusted performance of (0.13), and Standard Deviation of 3.18 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.49, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Crown Point are expected to decrease by larger amounts. On the other hand, during market turmoil, Crown Point is expected to outperform it. At this point, Crown Point Energy has a negative expected return of -0.57%. Please make sure to confirm Crown Point's variance, skewness, as well as the relationship between the Skewness and day median price , to decide if Crown Point Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Crown Point Energy has insignificant predictability. Overlapping area represents the amount of predictability between Crown Point time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 Crown Point Energy price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Crown Point price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Crown Point Energy lagged returns against current returns
Autocorrelation, which is Crown Point 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 Crown Point's pink sheet expected returns. We can calculate the autocorrelation of Crown Point returns to help us make a trade decision. For example, suppose you find that Crown Point 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 |
Crown Point 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 Crown Point pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crown Point pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crown Point pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Crown Point Lagged Returns
When evaluating Crown Point's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crown Point pink sheet have on its future price. Crown Point 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, Crown Point autocorrelation shows the relationship between Crown Point pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Crown Point Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Crown Pink Sheet
Crown Point financial ratios help investors to determine whether Crown 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 Crown with respect to the benefits of owning Crown Point security.