Cathedral Energy Services Stock Market Value
| CETEF Stock | USD 4.51 0.21 4.45% |
| Symbol | Cathedral |
Cathedral Energy '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 Cathedral Energy'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 Cathedral Energy.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Cathedral Energy on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Cathedral Energy Services or generate 0.0% return on investment in Cathedral Energy over 30 days. Cathedral Energy is related to or competes with POSCO Holdings, Schweizerische Nationalbank, Berkshire Hathaway, Berkshire Hathaway, Hyundai, NAVER Corp, and KB Financial. Cathedral Energy Services Ltd., together with its subsidiary, Cathedral Energy Services Inc., offers directional drillin... More
Cathedral Energy 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 Cathedral Energy'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 Cathedral Energy Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.45 | |||
| Information Ratio | 0.0337 | |||
| Maximum Drawdown | 12.48 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.74 |
Cathedral Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cathedral Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cathedral Energy's standard deviation. In reality, there are many statistical measures that can use Cathedral Energy historical prices to predict the future Cathedral Energy's volatility.| Risk Adjusted Performance | 0.0763 | |||
| Jensen Alpha | 0.1141 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0214 | |||
| Treynor Ratio | 0.4508 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cathedral Energy'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.
Cathedral Energy Services Backtested Returns
At this point, Cathedral Energy is somewhat reliable. Cathedral Energy Services secures Sharpe Ratio (or Efficiency) of 0.0986, which signifies that the company had a 0.0986% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cathedral Energy Services, which you can use to evaluate the volatility of the firm. Please confirm Cathedral Energy's Risk Adjusted Performance of 0.0763, mean deviation of 0.8004, and Downside Deviation of 2.45 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Cathedral Energy has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cathedral Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cathedral Energy is expected to be smaller as well. Cathedral Energy Services right now shows a risk of 1.57%. Please confirm Cathedral Energy Services expected short fall, day typical price, and the relationship between the potential upside and daily balance of power , to decide if Cathedral Energy Services will be following its price patterns.
Auto-correlation | 0.31 |
Below average predictability
Cathedral Energy Services has below average predictability. Overlapping area represents the amount of predictability between Cathedral Energy time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th of December 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 Cathedral Energy Services price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Cathedral Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cathedral Energy Services lagged returns against current returns
Autocorrelation, which is Cathedral Energy 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 Cathedral Energy's pink sheet expected returns. We can calculate the autocorrelation of Cathedral Energy returns to help us make a trade decision. For example, suppose you find that Cathedral Energy 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 |
Cathedral Energy 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 Cathedral Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cathedral Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cathedral Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cathedral Energy Lagged Returns
When evaluating Cathedral Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cathedral Energy pink sheet have on its future price. Cathedral Energy 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, Cathedral Energy autocorrelation shows the relationship between Cathedral Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cathedral Energy Services.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cathedral Pink Sheet
Cathedral Energy financial ratios help investors to determine whether Cathedral 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 Cathedral with respect to the benefits of owning Cathedral Energy security.