Canandaigua National Stock Market Value
| CNND Stock | USD 170.00 13.00 7.10% |
| Symbol | Canandaigua |
Canandaigua National '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 Canandaigua National'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 Canandaigua National.
| 05/12/2025 |
| 08/10/2025 |
If you would invest 0.00 in Canandaigua National on May 12, 2025 and sell it all today you would earn a total of 0.00 from holding Canandaigua National or generate 0.0% return on investment in Canandaigua National over 90 days. Canandaigua National is related to or competes with Finward Bancorp, Northfield Bancorp, Community West, First Community, LINKBANCORP, HarborOne Bancorp, and Independent Bank. Canandaigua National Corporation operates as the bank holding company for The Canandaigua National Bank Trust Company an... More
Canandaigua National 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 Canandaigua National'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 Canandaigua National upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 17.68 | |||
| Potential Upside | 0.6545 |
Canandaigua National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canandaigua National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canandaigua National's standard deviation. In reality, there are many statistical measures that can use Canandaigua National historical prices to predict the future Canandaigua National's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.2313 |
Canandaigua National Backtested Returns
Canandaigua National secures Sharpe Ratio (or Efficiency) of -0.0314, which signifies that the company had a -0.0314 % return per unit of risk over the last 3 months. Canandaigua National exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canandaigua National's Standard Deviation of 2.18, risk adjusted performance of (0.02), and Mean Deviation of 0.5841 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Canandaigua National are expected to decrease at a much lower rate. During the bear market, Canandaigua National is likely to outperform the market. At this point, Canandaigua National has a negative expected return of -0.0684%. Please make sure to confirm Canandaigua National's kurtosis, and the relationship between the total risk alpha and day median price , to decide if Canandaigua National performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
Canandaigua National has modest reverse predictability. Overlapping area represents the amount of predictability between Canandaigua National time series from 12th of May 2025 to 26th of June 2025 and 26th of June 2025 to 10th 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 Canandaigua National price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Canandaigua National price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 77.5 |
Canandaigua National lagged returns against current returns
Autocorrelation, which is Canandaigua National 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 Canandaigua National's pink sheet expected returns. We can calculate the autocorrelation of Canandaigua National returns to help us make a trade decision. For example, suppose you find that Canandaigua National 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 |
Canandaigua National 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 Canandaigua National pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Canandaigua National pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Canandaigua National pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Canandaigua National Lagged Returns
When evaluating Canandaigua National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Canandaigua National pink sheet have on its future price. Canandaigua National 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, Canandaigua National autocorrelation shows the relationship between Canandaigua National pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Canandaigua National.
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.Other Information on Investing in Canandaigua Pink Sheet
Canandaigua National financial ratios help investors to determine whether Canandaigua 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 Canandaigua with respect to the benefits of owning Canandaigua National security.