Crombie Real Estate Stock Market Value
| CROMF Stock | USD 10.09 0.13 1.27% |
| Symbol | Crombie |
Crombie Real '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 Crombie Real'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 Crombie Real.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Crombie Real on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Crombie Real Estate or generate 0.0% return on investment in Crombie Real over 30 days. Crombie Real is related to or competes with Modiv, Presidio Property, Medalist Diversified, Gladstone Commercial, Generationome Properties, One Liberty, and Modiv. Crombie Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established under, an... More
Crombie Real 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 Crombie Real'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 Crombie Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 12.8 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 0.9259 |
Crombie Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crombie Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crombie Real's standard deviation. In reality, there are many statistical measures that can use Crombie Real historical prices to predict the future Crombie Real's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 0.2842 |
Crombie Real Estate Backtested Returns
Crombie Real Estate secures Sharpe Ratio (or Efficiency) of -0.0791, which signifies that the company had a -0.0791% return per unit of risk over the last 3 months. Crombie Real Estate exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crombie Real's Standard Deviation of 1.43, mean deviation of 0.5326, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Crombie Real are expected to decrease at a much lower rate. During the bear market, Crombie Real is likely to outperform the market. At this point, Crombie Real Estate has a negative expected return of -0.12%. Please make sure to confirm Crombie Real's treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to decide if Crombie Real Estate performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Crombie Real Estate has poor predictability. Overlapping area represents the amount of predictability between Crombie Real time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Crombie Real Estate price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Crombie Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Crombie Real Estate lagged returns against current returns
Autocorrelation, which is Crombie Real 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 Crombie Real's pink sheet expected returns. We can calculate the autocorrelation of Crombie Real returns to help us make a trade decision. For example, suppose you find that Crombie Real 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 |
Crombie Real 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 Crombie Real pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crombie Real pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crombie Real pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Crombie Real Lagged Returns
When evaluating Crombie Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crombie Real pink sheet have on its future price. Crombie Real 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, Crombie Real autocorrelation shows the relationship between Crombie Real pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Crombie Real Estate.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Crombie Pink Sheet
Crombie Real financial ratios help investors to determine whether Crombie 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 Crombie with respect to the benefits of owning Crombie Real security.