China Clean Energy Stock Market Value
| CCGY Stock | USD 0.0001 0.00 0.00% |
| Symbol | China |
China Clean '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 China Clean'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 China Clean.
| 09/24/2024 |
| 10/24/2024 |
If you would invest 0.00 in China Clean on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding China Clean Energy or generate 0.0% return on investment in China Clean over 30 days. China Clean is related to or competes with Sherwin Williams, Air Liquide, Ecolab, Air Products, Dupont De, and PPG Industries. China Clean Energy Inc., through its subsidiaries, engages in the development, manufacture, and distribution of biodiese... More
China Clean 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 China Clean'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 China Clean Energy upside and downside potential and time the market with a certain degree of confidence.
China Clean Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Clean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Clean's standard deviation. In reality, there are many statistical measures that can use China Clean historical prices to predict the future China Clean's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Clean'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.
China Clean Energy Backtested Returns
We have found three technical indicators for China Clean Energy, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and China Clean are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
China Clean Energy has no correlation between past and present. Overlapping area represents the amount of predictability between China Clean time series from 24th of September 2024 to 9th of October 2024 and 9th of October 2024 to 24th of October 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 China Clean Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current China Clean price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China Clean Energy lagged returns against current returns
Autocorrelation, which is China Clean 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 China Clean's pink sheet expected returns. We can calculate the autocorrelation of China Clean returns to help us make a trade decision. For example, suppose you find that China Clean 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 |
China Clean 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 China Clean pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Clean pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Clean pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Clean Lagged Returns
When evaluating China Clean's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Clean pink sheet have on its future price. China Clean 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, China Clean autocorrelation shows the relationship between China Clean pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Clean Energy.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| MSFT | Microsoft | |
| V | Visa Class A | |
| MSFT | Microsoft |
Additional Tools for China Pink Sheet Analysis
When running China Clean's price analysis, check to measure China Clean'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 China Clean is operating at the current time. Most of China Clean's value examination focuses on studying past and present price action to predict the probability of China Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Clean's price. Additionally, you may evaluate how the addition of China Clean to your portfolios can decrease your overall portfolio volatility.