Calbee Inc Stock Market Value
| CLBEY Stock | USD 5.77 0.02 0.35% |
| Symbol | Calbee |
Calbee '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 Calbee'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 Calbee.
| 10/21/2023 |
| 04/18/2024 |
If you would invest 0.00 in Calbee on October 21, 2023 and sell it all today you would earn a total of 0.00 from holding Calbee Inc or generate 0.0% return on investment in Calbee over 180 days. Calbee is related to or competes with Kellanova, Lancaster Colony, A2 Milk, Artisan Consumer, General Mills, and Campbell Soup. Calbee, Inc. engages in the production and sale of snacks and other food products in Japan, North America, Greater China... More
Calbee 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 Calbee'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 Calbee Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.0706 | |||
| Maximum Drawdown | 9.38 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.36 |
Calbee Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calbee's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calbee's standard deviation. In reality, there are many statistical measures that can use Calbee historical prices to predict the future Calbee's volatility.| Risk Adjusted Performance | 0.0683 | |||
| Jensen Alpha | 0.1697 | |||
| Total Risk Alpha | 0.0423 | |||
| Sortino Ratio | 0.0692 | |||
| Treynor Ratio | 0.3829 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Calbee'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.
Calbee Inc Backtested Returns
Calbee appears to be slightly risky, given 3 months investment horizon. Calbee Inc secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Calbee Inc, which you can use to evaluate the volatility of the firm. Please makes use of Calbee's Downside Deviation of 2.13, mean deviation of 1.62, and Risk Adjusted Performance of 0.0683 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Calbee holds a performance score of 9. The firm shows a Beta (market volatility) of 0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Calbee's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calbee is expected to be smaller as well. Please check Calbee's downside variance, and the relationship between the sortino ratio and daily balance of power , to make a quick decision on whether Calbee's price patterns will revert.
Auto-correlation | 0.77 |
Good predictability
Calbee Inc has good predictability. Overlapping area represents the amount of predictability between Calbee time series from 21st of October 2023 to 19th of January 2024 and 19th of January 2024 to 18th of April 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 Calbee Inc price movement. The serial correlation of 0.77 indicates that around 77.0% of current Calbee price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Calbee Inc lagged returns against current returns
Autocorrelation, which is Calbee 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 Calbee's pink sheet expected returns. We can calculate the autocorrelation of Calbee returns to help us make a trade decision. For example, suppose you find that Calbee 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 |
Calbee 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 Calbee pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calbee pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calbee pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Calbee Lagged Returns
When evaluating Calbee's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calbee pink sheet have on its future price. Calbee 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, Calbee autocorrelation shows the relationship between Calbee pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Calbee Inc.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Calbee in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Calbee's short interest history, or implied volatility extrapolated from Calbee options trading.
Pair Trading with Calbee
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Calbee position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Calbee will appreciate offsetting losses from the drop in the long position's value.Moving together with Calbee Pink Sheet
| 0.8 | GIS | General Mills Financial Report 26th of June 2024 | PairCorr |
Moving against Calbee Pink Sheet
| 0.77 | GPDNF | Danone SA | PairCorr |
| 0.74 | NSRGF | Nestle SA | PairCorr |
| 0.54 | GRBMF | Grupo Bimbo SAB | PairCorr |
The ability to find closely correlated positions to Calbee could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calbee when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Calbee - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Calbee Inc to buy it.
The correlation of Calbee is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Calbee moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calbee Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Calbee can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Calbee Correlation, Calbee Volatility and Calbee Alpha and Beta module to complement your research on Calbee. Note that the Calbee Inc information on this page should be used as a complementary analysis to other Calbee's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Calbee Pink Sheet analysis
When running Calbee's price analysis, check to measure Calbee'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 Calbee is operating at the current time. Most of Calbee's value examination focuses on studying past and present price action to predict the probability of Calbee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calbee's price. Additionally, you may evaluate how the addition of Calbee to your portfolios can decrease your overall portfolio volatility.
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Calbee technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.