Caravelle International Group Stock Market Value
| HTCO Stock | USD 0.21 0.01 4.55% |
| Symbol | Caravelle |
Is Marine Transportation 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 Caravelle International. If investors know Caravelle 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 Caravelle International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Caravelle International is measured differently than its book value, which is the value of Caravelle that is recorded on the company's balance sheet. Investors also form their own opinion of Caravelle International's value that differs from its market value or its book value, called intrinsic value, which is Caravelle International'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 Caravelle International's market value can be influenced by many factors that don't directly affect Caravelle International'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 Caravelle International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caravelle International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caravelle International'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.
Caravelle International '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 Caravelle International'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 Caravelle International.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Caravelle International on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Caravelle International Group or generate 0.0% return on investment in Caravelle International over 90 days. Caravelle International is related to or competes with Rogers, Albemarle, Park Hotels, Kura Sushi, Alto Ingredients, Sealed Air, and Mativ Holdings. HempTech Corporation, a technology company, provides Controlled Environment Agriculture solutions with automation and an... More
Caravelle International 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 Caravelle International'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 Caravelle International Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 98.96 | |||
| Value At Risk | (17.24) | |||
| Potential Upside | 10.65 |
Caravelle International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Caravelle International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Caravelle International's standard deviation. In reality, there are many statistical measures that can use Caravelle International historical prices to predict the future Caravelle International's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (1.40) | |||
| Total Risk Alpha | (3.11) | |||
| Treynor Ratio | (19.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Caravelle International'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.
Caravelle International Backtested Returns
Caravelle International secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11 % return per unit of risk over the last 3 months. Caravelle International Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Caravelle International's Mean Deviation of 7.1, risk adjusted performance of (0.1), and Standard Deviation of 12.27 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0729, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Caravelle International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Caravelle International is expected to be smaller as well. At this point, Caravelle International has a negative expected return of -1.38%. Please make sure to confirm Caravelle International's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Caravelle International performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Caravelle International Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Caravelle International time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Caravelle International price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Caravelle International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Caravelle International lagged returns against current returns
Autocorrelation, which is Caravelle International 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 Caravelle International's stock expected returns. We can calculate the autocorrelation of Caravelle International returns to help us make a trade decision. For example, suppose you find that Caravelle International 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 |
Caravelle International 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 Caravelle International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Caravelle International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Caravelle International stock over time.
Current vs Lagged Prices |
| Timeline |
Caravelle International Lagged Returns
When evaluating Caravelle International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Caravelle International stock have on its future price. Caravelle International 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, Caravelle International autocorrelation shows the relationship between Caravelle International stock current value and its past values and can show if there is a momentum factor associated with investing in Caravelle International Group.
Regressed Prices |
| Timeline |
Pair Trading with Caravelle International
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 Caravelle International 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 Caravelle International will appreciate offsetting losses from the drop in the long position's value.Moving against Caravelle Stock
| 0.84 | GSL | Global Ship Lease | PairCorr |
| 0.75 | KEX | Kirby | PairCorr |
| 0.74 | ZIM | ZIM Integrated Shipping | PairCorr |
| 0.7 | SB | Safe Bulkers Earnings Call This Week | PairCorr |
| 0.7 | NAT | Nordic American Tankers | PairCorr |
The ability to find closely correlated positions to Caravelle International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caravelle International 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 Caravelle International - 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 Caravelle International Group to buy it.
The correlation of Caravelle International 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 Caravelle International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caravelle International 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 Caravelle International 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.Check out Caravelle International Correlation, Caravelle International Volatility and Caravelle International Alpha and Beta module to complement your research on Caravelle International. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Caravelle International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.