Corby Spirit And Stock Market Value
| CBYDF Stock | USD 10.79 0.10 0.94% |
| Symbol | Corby |
Corby Spirit '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 Corby Spirit'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 Corby Spirit.
| 05/26/2025 |
| 08/24/2025 |
If you would invest 0.00 in Corby Spirit on May 26, 2025 and sell it all today you would earn a total of 0.00 from holding Corby Spirit and or generate 0.0% return on investment in Corby Spirit over 90 days. Corby Spirit is related to or competes with Andrew Peller, Cascades, and Corby Spirit. Corby Spirit and Wine Limited manufactures, markets, and imports spirits and wines in Canada, the United States, the Uni... More
Corby Spirit 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 Corby Spirit'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 Corby Spirit and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | 0.0055 | |||
| Maximum Drawdown | 8.93 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.85 |
Corby Spirit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corby Spirit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Corby Spirit's standard deviation. In reality, there are many statistical measures that can use Corby Spirit historical prices to predict the future Corby Spirit's volatility.| Risk Adjusted Performance | 0.0682 | |||
| Jensen Alpha | 0.0934 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.003 | |||
| Treynor Ratio | 1.23 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Corby Spirit'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.
Corby Spirit Backtested Returns
At this point, Corby Spirit is very steady. Corby Spirit secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Corby Spirit and, which you can use to evaluate the volatility of the firm. Please confirm Corby Spirit's Mean Deviation of 0.6539, risk adjusted performance of 0.0682, and Downside Deviation of 2.31 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Corby Spirit has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0824, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Corby Spirit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Corby Spirit is expected to be smaller as well. Corby Spirit right now shows a risk of 1.16%. Please confirm Corby Spirit sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to decide if Corby Spirit will be following its price patterns.
Auto-correlation | 0.11 |
Insignificant predictability
Corby Spirit and has insignificant predictability. Overlapping area represents the amount of predictability between Corby Spirit time series from 26th of May 2025 to 10th of July 2025 and 10th of July 2025 to 24th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Corby Spirit price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Corby Spirit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Corby Spirit lagged returns against current returns
Autocorrelation, which is Corby Spirit 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 Corby Spirit's pink sheet expected returns. We can calculate the autocorrelation of Corby Spirit returns to help us make a trade decision. For example, suppose you find that Corby Spirit 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 |
Corby Spirit 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 Corby Spirit pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Corby Spirit pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Corby Spirit pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Corby Spirit Lagged Returns
When evaluating Corby Spirit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Corby Spirit pink sheet have on its future price. Corby Spirit 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, Corby Spirit autocorrelation shows the relationship between Corby Spirit pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Corby Spirit and.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Corby Pink Sheet
Corby Spirit financial ratios help investors to determine whether Corby 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 Corby with respect to the benefits of owning Corby Spirit security.