Midwest Energy Emiss Stock Market Value
| MEEC Stock | USD 0.63 0.01 1.56% |
| Symbol | Midwest |
Midwest Energy '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 Midwest Energy's otc 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 Midwest Energy.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Midwest Energy on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Midwest Energy Emiss or generate 0.0% return on investment in Midwest Energy over 720 days. Midwest Energy is related to or competes with TOMI Environmental, SCOR PK, HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, and SPACE. Midwest Energy Emissions Corp., an environmental services and technology company, engages in developing and delivering s... More
Midwest Energy 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 Midwest Energy's otc 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 Midwest Energy Emiss upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 11.62 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.74 |
Midwest Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Midwest Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Midwest Energy's standard deviation. In reality, there are many statistical measures that can use Midwest Energy historical prices to predict the future Midwest Energy's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.6698 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Midwest Energy'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.
Midwest Energy Emiss Backtested Returns
Midwest Energy Emiss has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21% return per unit of risk over the last 3 months. Midwest Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Midwest Energy's Standard Deviation of 2.08, mean deviation of 1.59, and Risk Adjusted Performance of (0.1) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.44, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Midwest Energy are expected to decrease at a much lower rate. During the bear market, Midwest Energy is likely to outperform the market. At this point, Midwest Energy Emiss has a negative expected return of -0.4%. Please make sure to verify Midwest Energy's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Midwest Energy Emiss performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Midwest Energy Emiss has weak reverse predictability. Overlapping area represents the amount of predictability between Midwest Energy time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Midwest Energy Emiss price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Midwest Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Midwest Energy Emiss lagged returns against current returns
Autocorrelation, which is Midwest Energy otc 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 Midwest Energy's otc stock expected returns. We can calculate the autocorrelation of Midwest Energy returns to help us make a trade decision. For example, suppose you find that Midwest Energy has exhibited high autocorrelation historically, and you observe that the otc 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 |
Midwest Energy 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 Midwest Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Midwest Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Midwest Energy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Midwest Energy Lagged Returns
When evaluating Midwest Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Midwest Energy otc stock have on its future price. Midwest Energy 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, Midwest Energy autocorrelation shows the relationship between Midwest Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Midwest Energy Emiss.
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 Midwest OTC Stock
Midwest Energy financial ratios help investors to determine whether Midwest OTC Stock 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 Midwest with respect to the benefits of owning Midwest Energy security.