Canadian Large Cap Stock Market Value
| NPS Stock | CAD 15.48 0.03 0.19% |
| Symbol | Canadian |
Canadian Large '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 Canadian Large's 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 Canadian Large.
| 10/03/2025 |
| 01/01/2026 |
If you would invest 0.00 in Canadian Large on October 3, 2025 and sell it all today you would earn a total of 0.00 from holding Canadian Large Cap or generate 0.0% return on investment in Canadian Large over 90 days. Canadian Large is related to or competes with Citadel Income, Commerce Split, and Energy Income. Northern Power Systems Corp. designs, manufactures, and services wind turbine platforms for the distributed wind market ... More
Canadian Large 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 Canadian Large's 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 Canadian Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.2404 | |||
| Maximum Drawdown | 5.83 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 2.74 |
Canadian Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canadian Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canadian Large's standard deviation. In reality, there are many statistical measures that can use Canadian Large historical prices to predict the future Canadian Large's volatility.| Risk Adjusted Performance | 0.2145 | |||
| Jensen Alpha | 0.358 | |||
| Total Risk Alpha | 0.241 | |||
| Sortino Ratio | 0.2513 | |||
| Treynor Ratio | (1.29) |
Canadian Large Cap Backtested Returns
Canadian Large appears to be very steady, given 3 months investment horizon. Canadian Large Cap secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Canadian Large Cap, which you can use to evaluate the volatility of the firm. Please makes use of Canadian Large's Risk Adjusted Performance of 0.2145, mean deviation of 0.7943, and Downside Deviation of 1.12 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Canadian Large holds a performance score of 23. The firm shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Canadian Large are expected to decrease at a much lower rate. During the bear market, Canadian Large is likely to outperform the market. Please check Canadian Large's downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Canadian Large's price patterns will revert.
Auto-correlation | 0.64 |
Good predictability
Canadian Large Cap has good predictability. Overlapping area represents the amount of predictability between Canadian Large time series from 3rd of October 2025 to 17th of November 2025 and 17th of November 2025 to 1st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Canadian Large Cap price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Canadian Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Canadian Large Cap lagged returns against current returns
Autocorrelation, which is Canadian Large 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 Canadian Large's stock expected returns. We can calculate the autocorrelation of Canadian Large returns to help us make a trade decision. For example, suppose you find that Canadian Large has exhibited high autocorrelation historically, and you observe that the 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 |
Canadian Large 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 Canadian Large stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Canadian Large stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Canadian Large stock over time.
Current vs Lagged Prices |
| Timeline |
Canadian Large Lagged Returns
When evaluating Canadian Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Canadian Large stock have on its future price. Canadian Large 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, Canadian Large autocorrelation shows the relationship between Canadian Large stock current value and its past values and can show if there is a momentum factor associated with investing in Canadian Large Cap.
Regressed Prices |
| Timeline |
Other Information on Investing in Canadian Stock
Canadian Large financial ratios help investors to determine whether Canadian Stock 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 Canadian with respect to the benefits of owning Canadian Large security.