Cnova Nv Stock Market Value
| CNVAF Stock | USD 0.11 0.00 0.00% |
| Symbol | Cnova |
Cnova NV '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 Cnova NV'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 Cnova NV.
| 09/24/2025 |
| 12/23/2025 |
If you would invest 0.00 in Cnova NV on September 24, 2025 and sell it all today you would earn a total of 0.00 from holding Cnova NV or generate 0.0% return on investment in Cnova NV over 90 days. Cnova NV is related to or competes with Artnet AG, Dorel Industries, Digital Brands, Mene, and Online Vacation. Cnova N.V. operates as an e-commerce company in France and Western Europe More
Cnova NV 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 Cnova NV'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 Cnova NV upside and downside potential and time the market with a certain degree of confidence.
Cnova NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cnova NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cnova NV's standard deviation. In reality, there are many statistical measures that can use Cnova NV historical prices to predict the future Cnova NV's volatility.Cnova NV Backtested Returns
We have found three technical indicators for Cnova NV, 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 Cnova NV are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Cnova NV has perfect predictability. Overlapping area represents the amount of predictability between Cnova NV time series from 24th of September 2025 to 8th of November 2025 and 8th of November 2025 to 23rd of December 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 Cnova NV price movement. The serial correlation of 1.0 indicates that 100.0% of current Cnova NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cnova NV lagged returns against current returns
Autocorrelation, which is Cnova NV 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 Cnova NV's pink sheet expected returns. We can calculate the autocorrelation of Cnova NV returns to help us make a trade decision. For example, suppose you find that Cnova NV 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 |
Cnova NV 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 Cnova NV pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cnova NV pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cnova NV pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cnova NV Lagged Returns
When evaluating Cnova NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cnova NV pink sheet have on its future price. Cnova NV 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, Cnova NV autocorrelation shows the relationship between Cnova NV pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cnova NV.
Regressed Prices |
| Timeline |
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Other Information on Investing in Cnova Pink Sheet
Cnova NV financial ratios help investors to determine whether Cnova 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 Cnova with respect to the benefits of owning Cnova NV security.