Cmg Holdings Group Stock Market Value
| CMGO Stock | USD 0 0.0003 14.29% |
| Symbol | CMG |
CMG Holdings '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 CMG Holdings' 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 CMG Holdings.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in CMG Holdings on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding CMG Holdings Group or generate 0.0% return on investment in CMG Holdings over 30 days. CMG Holdings Group, Inc., a marketing communications company, operates organizations in the alternative advertising, dig... More
CMG Holdings 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 CMG Holdings' 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 CMG Holdings Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.87 | |||
| Information Ratio | 0.0731 | |||
| Maximum Drawdown | 68.57 | |||
| Value At Risk | (18.52) | |||
| Potential Upside | 28.57 |
CMG Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMG Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CMG Holdings' standard deviation. In reality, there are many statistical measures that can use CMG Holdings historical prices to predict the future CMG Holdings' volatility.| Risk Adjusted Performance | 0.0734 | |||
| Jensen Alpha | 0.8263 | |||
| Total Risk Alpha | (0.82) | |||
| Sortino Ratio | 0.0495 | |||
| Treynor Ratio | 0.6678 |
CMG Holdings Group Backtested Returns
CMG Holdings appears to be out of control, given 3 months investment horizon. CMG Holdings Group secures Sharpe Ratio (or Efficiency) of 0.0684, which signifies that the company had a 0.0684% return per unit of return volatility over the last 3 months. By examining CMG Holdings' technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please makes use of CMG Holdings' Risk Adjusted Performance of 0.0734, semi deviation of 8.52, and Mean Deviation of 7.16 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CMG Holdings holds a performance score of 5. The firm shows a Beta (market volatility) of 1.5, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CMG Holdings will likely underperform. Please check CMG Holdings' jensen alpha and the relationship between the value at risk and day typical price , to make a quick decision on whether CMG Holdings' price patterns will revert.
Auto-correlation | -0.62 |
Very good reverse predictability
CMG Holdings Group has very good reverse predictability. Overlapping area represents the amount of predictability between CMG Holdings time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 CMG Holdings Group price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current CMG Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CMG Holdings Group lagged returns against current returns
Autocorrelation, which is CMG Holdings 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 CMG Holdings' pink sheet expected returns. We can calculate the autocorrelation of CMG Holdings returns to help us make a trade decision. For example, suppose you find that CMG Holdings 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 |
CMG Holdings 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 CMG Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CMG Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CMG Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CMG Holdings Lagged Returns
When evaluating CMG Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CMG Holdings pink sheet have on its future price. CMG Holdings 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, CMG Holdings autocorrelation shows the relationship between CMG Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CMG Holdings Group.
Regressed Prices |
| Timeline |
Pair Trading with CMG Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CMG Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CMG Holdings will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CMG Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CMG Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CMG Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CMG Holdings Group to buy it.
The correlation of CMG Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CMG Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CMG Holdings Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CMG Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in CMG Pink Sheet
CMG Holdings financial ratios help investors to determine whether CMG 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 CMG with respect to the benefits of owning CMG Holdings security.