Ceylon Graphite Corp Stock Market Value
| CYLYF Stock | USD 0.01 0.0007 5.74% |
| Symbol | Ceylon |
Ceylon Graphite '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 Ceylon Graphite'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 Ceylon Graphite.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Ceylon Graphite on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Ceylon Graphite Corp or generate 0.0% return on investment in Ceylon Graphite over 30 days. Ceylon Graphite is related to or competes with Amarc Resources, Silver X, Aurelia Metals, and Centaurus Metals. Ceylon Graphite Corp. explores for and produces graphite mines in Sri Lanka More
Ceylon Graphite 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 Ceylon Graphite'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 Ceylon Graphite Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 50.37 | |||
| Value At Risk | (19.25) | |||
| Potential Upside | 14.29 |
Ceylon Graphite Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ceylon Graphite's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ceylon Graphite's standard deviation. In reality, there are many statistical measures that can use Ceylon Graphite historical prices to predict the future Ceylon Graphite's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (1.50) | |||
| Treynor Ratio | 0.2573 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ceylon Graphite's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ceylon Graphite Corp Backtested Returns
Ceylon Graphite Corp secures Sharpe Ratio (or Efficiency) of -0.0459, which signifies that the company had a -0.0459% return per unit of risk over the last 3 months. Ceylon Graphite Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ceylon Graphite's Mean Deviation of 4.74, insignificant risk adjusted performance, and Standard Deviation of 8.54 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ceylon Graphite are expected to decrease at a much lower rate. During the bear market, Ceylon Graphite is likely to outperform the market. At this point, Ceylon Graphite Corp has a negative expected return of -0.39%. Please make sure to confirm Ceylon Graphite's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Ceylon Graphite Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Ceylon Graphite Corp has insignificant predictability. Overlapping area represents the amount of predictability between Ceylon Graphite time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Ceylon Graphite Corp price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Ceylon Graphite price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ceylon Graphite Corp lagged returns against current returns
Autocorrelation, which is Ceylon Graphite 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 Ceylon Graphite's pink sheet expected returns. We can calculate the autocorrelation of Ceylon Graphite returns to help us make a trade decision. For example, suppose you find that Ceylon Graphite 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 |
Ceylon Graphite 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 Ceylon Graphite pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ceylon Graphite pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ceylon Graphite pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ceylon Graphite Lagged Returns
When evaluating Ceylon Graphite's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ceylon Graphite pink sheet have on its future price. Ceylon Graphite 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, Ceylon Graphite autocorrelation shows the relationship between Ceylon Graphite pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ceylon Graphite Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ceylon Pink Sheet
Ceylon Graphite financial ratios help investors to determine whether Ceylon 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 Ceylon with respect to the benefits of owning Ceylon Graphite security.