Environmmtl Tectonic Stock Market Value
| ETCC Stock | USD 1.87 0.07 3.61% |
| Symbol | Environmmtl |
Environmmtl Tectonic '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 Environmmtl Tectonic'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 Environmmtl Tectonic.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Environmmtl Tectonic on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Environmmtl Tectonic or generate 0.0% return on investment in Environmmtl Tectonic over 30 days. Environmmtl Tectonic is related to or competes with Virgin Galactic, Planet Labs, Eve Holding, and Redwire Corp. Environmental Tectonics Corporation, together with its subsidiaries, operates as an engineered solutions company in the ... More
Environmmtl Tectonic 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 Environmmtl Tectonic'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 Environmmtl Tectonic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.99 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 3.83 |
Environmmtl Tectonic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Environmmtl Tectonic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Environmmtl Tectonic's standard deviation. In reality, there are many statistical measures that can use Environmmtl Tectonic historical prices to predict the future Environmmtl Tectonic's volatility.| Risk Adjusted Performance | 0.046 | |||
| Jensen Alpha | 0.1403 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Environmmtl Tectonic'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.
Environmmtl Tectonic Backtested Returns
At this point, Environmmtl Tectonic is risky. Environmmtl Tectonic secures Sharpe Ratio (or Efficiency) of 0.0586, which denotes the company had a 0.0586% return per unit of risk over the last 3 months. We have found thirty technical indicators for Environmmtl Tectonic, which you can use to evaluate the volatility of the firm. Please confirm Environmmtl Tectonic's Coefficient Of Variation of 1914.07, downside deviation of 1.61, and Mean Deviation of 1.31 to check if the risk estimate we provide is consistent with the expected return of 0.11%. Environmmtl Tectonic has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.38, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Environmmtl Tectonic are expected to decrease at a much lower rate. During the bear market, Environmmtl Tectonic is likely to outperform the market. Environmmtl Tectonic right now shows a risk of 1.92%. Please confirm Environmmtl Tectonic skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Environmmtl Tectonic will be following its price patterns.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Environmmtl Tectonic has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Environmmtl Tectonic time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Environmmtl Tectonic price movement. The serial correlation of -0.75 indicates that around 75.0% of current Environmmtl Tectonic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Environmmtl Tectonic lagged returns against current returns
Autocorrelation, which is Environmmtl Tectonic 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 Environmmtl Tectonic's pink sheet expected returns. We can calculate the autocorrelation of Environmmtl Tectonic returns to help us make a trade decision. For example, suppose you find that Environmmtl Tectonic 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 |
Environmmtl Tectonic 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 Environmmtl Tectonic pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Environmmtl Tectonic pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Environmmtl Tectonic pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Environmmtl Tectonic Lagged Returns
When evaluating Environmmtl Tectonic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Environmmtl Tectonic pink sheet have on its future price. Environmmtl Tectonic 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, Environmmtl Tectonic autocorrelation shows the relationship between Environmmtl Tectonic pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Environmmtl Tectonic.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Environmmtl Pink Sheet
Environmmtl Tectonic financial ratios help investors to determine whether Environmmtl 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 Environmmtl with respect to the benefits of owning Environmmtl Tectonic security.