Encompass Holdings Stock Market Value
| ECMH Stock | USD 0.0001 0.00 0.00% |
| Symbol | Encompass |
Encompass Holdings '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 Encompass Holdings' 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 Encompass Holdings.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Encompass Holdings on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Encompass Holdings or generate 0.0% return on investment in Encompass Holdings over 720 days. Encompass Holdings is related to or competes with Apogee Therapeutics,, Aegean Airlines, Alaska Air, Copa Holdings, Summit Therapeutics, and SkyWest. Encompass Holdings, Inc., through its subsidiaries, designs, manufactures, and markets recreational water sports equipme... More
Encompass Holdings 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 Encompass Holdings' 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 Encompass Holdings upside and downside potential and time the market with a certain degree of confidence.
Encompass Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Encompass Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Encompass Holdings' standard deviation. In reality, there are many statistical measures that can use Encompass Holdings historical prices to predict the future Encompass Holdings' volatility.Encompass Holdings Backtested Returns
We have found three technical indicators for Encompass Holdings, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Encompass Holdings are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Encompass Holdings has perfect predictability. Overlapping area represents the amount of predictability between Encompass Holdings time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th 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 Encompass Holdings price movement. The serial correlation of 1.0 indicates that 100.0% of current Encompass Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Encompass Holdings lagged returns against current returns
Autocorrelation, which is Encompass Holdings 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 Encompass Holdings' pink sheet expected returns. We can calculate the autocorrelation of Encompass Holdings returns to help us make a trade decision. For example, suppose you find that Encompass Holdings 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 |
Encompass Holdings 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 Encompass Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Encompass Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Encompass Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Encompass Holdings Lagged Returns
When evaluating Encompass Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Encompass Holdings pink sheet have on its future price. Encompass Holdings 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, Encompass Holdings autocorrelation shows the relationship between Encompass Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Encompass Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Encompass Pink Sheet
Encompass Holdings financial ratios help investors to determine whether Encompass 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 Encompass with respect to the benefits of owning Encompass Holdings security.