Cordia Stock Market Value
| CORG Stock | USD 0 0.00 0.00% |
| Symbol | Cordia |
Cordia '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 Cordia'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 Cordia.
| 11/30/2024 |
| 12/30/2024 |
If you would invest 0.00 in Cordia on November 30, 2024 and sell it all today you would earn a total of 0.00 from holding Cordia or generate 0.0% return on investment in Cordia over 30 days. Cordia is related to or competes with McDonalds, Chipotle Mexican, Dutch Bros, Dominos Pizza, and Yum Brands. Cordia Corporation engages in the subscription based virtual restaurant business More
Cordia 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 Cordia'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 Cordia upside and downside potential and time the market with a certain degree of confidence.
Cordia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cordia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cordia's standard deviation. In reality, there are many statistical measures that can use Cordia historical prices to predict the future Cordia's volatility.Cordia Backtested Returns
We have found three technical indicators for Cordia, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Cordia are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Cordia has no correlation between past and present. Overlapping area represents the amount of predictability between Cordia time series from 30th of November 2024 to 15th of December 2024 and 15th of December 2024 to 30th 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 Cordia price movement. The serial correlation of 0.0 indicates that just 0.0% of current Cordia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cordia lagged returns against current returns
Autocorrelation, which is Cordia 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 Cordia's pink sheet expected returns. We can calculate the autocorrelation of Cordia returns to help us make a trade decision. For example, suppose you find that Cordia 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 |
Cordia 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 Cordia pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cordia pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cordia pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cordia Lagged Returns
When evaluating Cordia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cordia pink sheet have on its future price. Cordia 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, Cordia autocorrelation shows the relationship between Cordia pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cordia.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cordia Pink Sheet
Cordia financial ratios help investors to determine whether Cordia 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 Cordia with respect to the benefits of owning Cordia security.