Cn Energy Group Stock Market Value
| CNEY Stock | USD 0.35 0.16 31.37% |
| Symbol | CNEY |
CN Energy Group Price To Book Ratio
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CN Energy. If investors know CNEY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CN Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.767 | Earnings Share (4.67) | Revenue Per Share 33.941 | Quarterly Revenue Growth 0.38 | Return On Assets (0.02) |
The market value of CN Energy Group is measured differently than its book value, which is the value of CNEY that is recorded on the company's balance sheet. Investors also form their own opinion of CN Energy's value that differs from its market value or its book value, called intrinsic value, which is CN Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CN Energy's market value can be influenced by many factors that don't directly affect CN Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CN Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CN Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CN Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
CN 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 CN Energy's 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 CN Energy.
| 11/07/2024 |
| 12/07/2024 |
If you would invest 0.00 in CN Energy on November 7, 2024 and sell it all today you would earn a total of 0.00 from holding CN Energy Group or generate 0.0% return on investment in CN Energy over 30 days. CN Energy is related to or competes with SenesTech, Danimer Scientific, 5E Advanced, Balchem, Koppers Holdings, Northern Technologies, and Innospec. Inc. manufactures and supplies wood-based activated carbon in China More
CN 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 CN Energy's 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 CN Energy Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.11 | |||
| Information Ratio | 0.0968 | |||
| Maximum Drawdown | 413.69 | |||
| Value At Risk | (18.75) | |||
| Potential Upside | 38.1 |
CN Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CN Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CN Energy's standard deviation. In reality, there are many statistical measures that can use CN Energy historical prices to predict the future CN Energy's volatility.| Risk Adjusted Performance | 0.084 | |||
| Jensen Alpha | 4.47 | |||
| Total Risk Alpha | (3.40) | |||
| Sortino Ratio | 0.3284 | |||
| Treynor Ratio | 2.11 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CN 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.
CN Energy Group Backtested Returns
CN Energy is out of control given 3 months investment horizon. CN Energy Group retains Efficiency (Sharpe Ratio) of 0.1, which signifies that the company had a 0.1% return per unit of price deviation over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 4.97% are justified by taking the suggested risk. Use CN Energy Group Market Risk Adjusted Performance of 2.12, standard deviation of 47.87, and Coefficient Of Variation of 1003.55 to evaluate company specific risk that cannot be diversified away. CN Energy holds a performance score of 8 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 2.25, 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, CN Energy will likely underperform. Use CN Energy Group coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on CN Energy Group.
Auto-correlation | -0.36 |
Poor reverse predictability
CN Energy Group has poor reverse predictability. Overlapping area represents the amount of predictability between CN Energy time series from 7th of November 2024 to 22nd of November 2024 and 22nd of November 2024 to 7th 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 CN Energy Group price movement. The serial correlation of -0.36 indicates that just about 36.0% of current CN Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CN Energy Group lagged returns against current returns
Autocorrelation, which is CN Energy 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 CN Energy's stock expected returns. We can calculate the autocorrelation of CN Energy returns to help us make a trade decision. For example, suppose you find that CN Energy has exhibited high autocorrelation historically, and you observe that the 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 |
CN 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 CN Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CN Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CN Energy stock over time.
Current vs Lagged Prices |
| Timeline |
CN Energy Lagged Returns
When evaluating CN Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CN Energy stock have on its future price. CN 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, CN Energy autocorrelation shows the relationship between CN Energy stock current value and its past values and can show if there is a momentum factor associated with investing in CN Energy Group.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for CNEY Stock Analysis
When running CN Energy's price analysis, check to measure CN Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CN Energy is operating at the current time. Most of CN Energy's value examination focuses on studying past and present price action to predict the probability of CN Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CN Energy's price. Additionally, you may evaluate how the addition of CN Energy to your portfolios can decrease your overall portfolio volatility.