Concord New Energy Stock Market Value
| CWPWF Stock | USD 0.05 0.03 37.50% |
| Symbol | Concord |
Concord New '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 Concord New'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 Concord New.
| 08/20/2023 |
| 08/09/2025 |
If you would invest 0.00 in Concord New on August 20, 2023 and sell it all today you would earn a total of 0.00 from holding Concord New Energy or generate 0.0% return on investment in Concord New over 720 days. Concord New is related to or competes with Coolpad, China Water, and Pacific Basin. Concord New Energy Group Limited, an investment holding company, engages in the generation of power in the Peoples Repub... More
Concord New 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 Concord New'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 Concord New Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0367 | |||
| Maximum Drawdown | 68.57 |
Concord New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Concord New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Concord New's standard deviation. In reality, there are many statistical measures that can use Concord New historical prices to predict the future Concord New's volatility.| Risk Adjusted Performance | 0.0468 | |||
| Jensen Alpha | 0.5419 | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | (1.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Concord New'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.
Concord New Energy Backtested Returns
Concord New appears to be out of control, given 3 months investment horizon. Concord New Energy secures Sharpe Ratio (or Efficiency) of 0.0491, which signifies that the company had a 0.0491 % return per unit of risk over the last 3 months. By analyzing Concord New's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please makes use of Concord New's Risk Adjusted Performance of 0.0468, mean deviation of 3.0, and Standard Deviation of 10.67 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Concord New holds a performance score of 3. 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 Concord New are expected to decrease at a much lower rate. During the bear market, Concord New is likely to outperform the market. Please check Concord New's variance, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to make a quick decision on whether Concord New's price patterns will revert.
Auto-correlation | 0.15 |
Insignificant predictability
Concord New Energy has insignificant predictability. Overlapping area represents the amount of predictability between Concord New time series from 20th of August 2023 to 14th of August 2024 and 14th of August 2024 to 9th 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 Concord New Energy price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Concord New price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Concord New Energy lagged returns against current returns
Autocorrelation, which is Concord New 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 Concord New's pink sheet expected returns. We can calculate the autocorrelation of Concord New returns to help us make a trade decision. For example, suppose you find that Concord New 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 |
Concord New 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 Concord New pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Concord New pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Concord New pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Concord New Lagged Returns
When evaluating Concord New's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Concord New pink sheet have on its future price. Concord New 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, Concord New autocorrelation shows the relationship between Concord New pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Concord New Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Concord Pink Sheet
Concord New financial ratios help investors to determine whether Concord 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 Concord with respect to the benefits of owning Concord New security.