CMC Investment (Vietnam) Market Value
| CMC Stock | 9,300 200.00 2.11% |
| Symbol | CMC |
CMC Investment '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 CMC Investment'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 CMC Investment.
| 05/09/2025 |
| 08/07/2025 |
If you would invest 0.00 in CMC Investment on May 9, 2025 and sell it all today you would earn a total of 0.00 from holding CMC Investment JSC or generate 0.0% return on investment in CMC Investment over 90 days. CMC Investment is related to or competes with FIT INVEST, Damsan JSC, An Phat, Alphanam, APG Securities, Binhthuan Agriculture, and Mekong Fisheries. More
CMC Investment 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 CMC Investment'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 CMC Investment JSC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.98 | |||
| Information Ratio | 0.1492 | |||
| Maximum Drawdown | 19.84 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 9.52 |
CMC Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMC Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CMC Investment's standard deviation. In reality, there are many statistical measures that can use CMC Investment historical prices to predict the future CMC Investment's volatility.| Risk Adjusted Performance | 0.1427 | |||
| Jensen Alpha | 0.8375 | |||
| Total Risk Alpha | 0.2337 | |||
| Sortino Ratio | 0.1218 | |||
| Treynor Ratio | (5.73) |
CMC Investment JSC Backtested Returns
CMC Investment appears to be very steady, given 3 months investment horizon. CMC Investment JSC retains Efficiency (Sharpe Ratio) of 0.19, which signifies that the company had a 0.19 % return per unit of risk over the last 3 months. By analyzing CMC Investment's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please makes use of CMC Investment's coefficient of variation of 585.67, and Market Risk Adjusted Performance of (5.72) to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CMC Investment holds a performance score of 14. The firm owns a Beta (Systematic Risk) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CMC Investment are expected to decrease at a much lower rate. During the bear market, CMC Investment is likely to outperform the market. Please check CMC Investment's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether CMC Investment's current price history will revert.
Auto-correlation | 0.60 |
Good predictability
CMC Investment JSC has good predictability. Overlapping area represents the amount of predictability between CMC Investment time series from 9th of May 2025 to 23rd of June 2025 and 23rd of June 2025 to 7th 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 CMC Investment JSC price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current CMC Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 567.3 K |
CMC Investment JSC lagged returns against current returns
Autocorrelation, which is CMC Investment 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 CMC Investment's stock expected returns. We can calculate the autocorrelation of CMC Investment returns to help us make a trade decision. For example, suppose you find that CMC Investment 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 |
CMC Investment 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 CMC Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CMC Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CMC Investment stock over time.
Current vs Lagged Prices |
| Timeline |
CMC Investment Lagged Returns
When evaluating CMC Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CMC Investment stock have on its future price. CMC Investment 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, CMC Investment autocorrelation shows the relationship between CMC Investment stock current value and its past values and can show if there is a momentum factor associated with investing in CMC Investment JSC.
Regressed Prices |
| Timeline |
Pair Trading with CMC Investment
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 CMC Investment 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 CMC Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with CMC Stock
The ability to find closely correlated positions to CMC Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CMC Investment 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 CMC Investment - 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 CMC Investment JSC to buy it.
The correlation of CMC Investment 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 CMC Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CMC Investment JSC 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 CMC Investment 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.Other Information on Investing in CMC Stock
CMC Investment financial ratios help investors to determine whether CMC 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 CMC with respect to the benefits of owning CMC Investment security.