Crimson Wine Stock Market Value
| CWGL Stock | USD 6.71 0.02 0.30% |
| Symbol | Crimson |
Crimson Wine '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 Crimson Wine's otc 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 Crimson Wine.
| 10/09/2024 |
| 11/08/2024 |
If you would invest 0.00 in Crimson Wine on October 9, 2024 and sell it all today you would earn a total of 0.00 from holding Crimson Wine or generate 0.0% return on investment in Crimson Wine over 30 days. Crimson Wine is related to or competes with Pernod Ricard, Naked Wines, Willamette Valley, Brown Forman, Pernod Ricard, Naked Wines, and Andrew Peller. Crimson Wine Group, Ltd., through its subsidiaries, engages in the production and sale of wines More
Crimson Wine 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 Crimson Wine's otc 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 Crimson Wine upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 19.59 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.84 |
Crimson Wine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crimson Wine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crimson Wine's standard deviation. In reality, there are many statistical measures that can use Crimson Wine historical prices to predict the future Crimson Wine's volatility.| Risk Adjusted Performance | 0.0696 | |||
| Jensen Alpha | 0.0832 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.3417 |
Crimson Wine Backtested Returns
Crimson Wine appears to be somewhat reliable, given 3 months investment horizon. Crimson Wine secures Sharpe Ratio (or Efficiency) of 0.0942, which signifies that the company had a 0.0942% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Crimson Wine, which you can use to evaluate the volatility of the firm. Please makes use of Crimson Wine's Downside Deviation of 2.25, risk adjusted performance of 0.0696, and Mean Deviation of 1.23 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Crimson Wine holds a performance score of 7. The firm shows a Beta (market volatility) of 0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Crimson Wine's returns are expected to increase less than the market. However, during the bear market, the loss of holding Crimson Wine is expected to be smaller as well. Please check Crimson Wine's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Crimson Wine's price patterns will revert.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Crimson Wine has insignificant reverse predictability. Overlapping area represents the amount of predictability between Crimson Wine time series from 9th of October 2024 to 24th of October 2024 and 24th of October 2024 to 8th of November 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 Crimson Wine price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Crimson Wine price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Crimson Wine lagged returns against current returns
Autocorrelation, which is Crimson Wine otc 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 Crimson Wine's otc stock expected returns. We can calculate the autocorrelation of Crimson Wine returns to help us make a trade decision. For example, suppose you find that Crimson Wine has exhibited high autocorrelation historically, and you observe that the otc 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 |
Crimson Wine 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 Crimson Wine otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crimson Wine otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crimson Wine otc stock over time.
Current vs Lagged Prices |
| Timeline |
Crimson Wine Lagged Returns
When evaluating Crimson Wine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crimson Wine otc stock have on its future price. Crimson Wine 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, Crimson Wine autocorrelation shows the relationship between Crimson Wine otc stock current value and its past values and can show if there is a momentum factor associated with investing in Crimson Wine.
Regressed Prices |
| Timeline |
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Crimson Wine financial ratios help investors to determine whether Crimson OTC 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 Crimson with respect to the benefits of owning Crimson Wine security.