Caspian Services Stock Market Value
| CSSV Stock | USD 0 0.00 0.00% |
| Symbol | Caspian |
Caspian Services '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 Caspian Services' 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 Caspian Services.
| 01/01/2023 |
| 12/21/2024 |
If you would invest 0.00 in Caspian Services on January 1, 2023 and sell it all today you would earn a total of 0.00 from holding Caspian Services or generate 0.0% return on investment in Caspian Services over 720 days. Caspian Services is related to or competes with Africa Oil, ConnectOne Bancorp, RCM Technologies, BlackRock, Fast Retailing, and Obayashi. Caspian Services, Inc. provides various oilfield services for the oil and gas industry in the Republic of Kazakhstan and... More
Caspian Services 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 Caspian Services' 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 Caspian Services upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1202 | |||
| Maximum Drawdown | 90.48 |
Caspian Services Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Caspian Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Caspian Services' standard deviation. In reality, there are many statistical measures that can use Caspian Services historical prices to predict the future Caspian Services' volatility.| Risk Adjusted Performance | 0.1068 | |||
| Jensen Alpha | 1.38 | |||
| Total Risk Alpha | 1.05 | |||
| Treynor Ratio | (1.69) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Caspian Services' 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.
Caspian Services Backtested Returns
Caspian Services is out of control given 3 months investment horizon. Caspian Services secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We are able to interpolate and collect seventeen different technical indicators, which can help you to evaluate if expected returns of 1.37% are justified by taking the suggested risk. Use Caspian Services Mean Deviation of 2.7, standard deviation of 11.14, and Risk Adjusted Performance of 0.1068 to evaluate company specific risk that cannot be diversified away. Caspian Services holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Caspian Services are expected to decrease at a much lower rate. During the bear market, Caspian Services is likely to outperform the market. Use Caspian Services jensen alpha and day typical price , to analyze future returns on Caspian Services.
Auto-correlation | -0.57 |
Good reverse predictability
Caspian Services has good reverse predictability. Overlapping area represents the amount of predictability between Caspian Services time series from 1st of January 2023 to 27th of December 2023 and 27th of December 2023 to 21st 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 Caspian Services price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Caspian Services price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Caspian Services lagged returns against current returns
Autocorrelation, which is Caspian Services 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 Caspian Services' pink sheet expected returns. We can calculate the autocorrelation of Caspian Services returns to help us make a trade decision. For example, suppose you find that Caspian Services 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 |
Caspian Services 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 Caspian Services pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Caspian Services pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Caspian Services pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Caspian Services Lagged Returns
When evaluating Caspian Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Caspian Services pink sheet have on its future price. Caspian Services 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, Caspian Services autocorrelation shows the relationship between Caspian Services pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Caspian Services.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Caspian Pink Sheet Analysis
When running Caspian Services' price analysis, check to measure Caspian Services' 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 Caspian Services is operating at the current time. Most of Caspian Services' value examination focuses on studying past and present price action to predict the probability of Caspian Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caspian Services' price. Additionally, you may evaluate how the addition of Caspian Services to your portfolios can decrease your overall portfolio volatility.