Transact Energy Corp Stock Market Value
| TEGY Stock | USD 0.03 0.00 0.00% |
| Symbol | TransAct |
TransAct 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 TransAct Energy'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 TransAct Energy.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in TransAct Energy on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding TransAct Energy Corp or generate 0.0% return on investment in TransAct Energy over 720 days. TransAct Energy is related to or competes with Vow ASA, Thermal Energy, and Pacific Green. TransAct Energy Corp. develops and manages zero-emissions waste to value plants worldwide More
TransAct 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 TransAct Energy'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 TransAct Energy Corp upside and downside potential and time the market with a certain degree of confidence.
TransAct Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TransAct Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TransAct Energy's standard deviation. In reality, there are many statistical measures that can use TransAct Energy historical prices to predict the future TransAct Energy's volatility.TransAct Energy Corp Backtested Returns
We have found three technical indicators for TransAct Energy Corp, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and TransAct Energy are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
TransAct Energy Corp has perfect predictability. Overlapping area represents the amount of predictability between TransAct Energy time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 TransAct Energy Corp price movement. The serial correlation of 1.0 indicates that 100.0% of current TransAct Energy 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 |
TransAct Energy Corp lagged returns against current returns
Autocorrelation, which is TransAct Energy 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 TransAct Energy's pink sheet expected returns. We can calculate the autocorrelation of TransAct Energy returns to help us make a trade decision. For example, suppose you find that TransAct Energy 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 |
TransAct 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 TransAct Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TransAct Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TransAct Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
TransAct Energy Lagged Returns
When evaluating TransAct Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TransAct Energy pink sheet have on its future price. TransAct 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, TransAct Energy autocorrelation shows the relationship between TransAct Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TransAct Energy Corp.
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.Additional Tools for TransAct Pink Sheet Analysis
When running TransAct Energy's price analysis, check to measure TransAct Energy's 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 TransAct Energy is operating at the current time. Most of TransAct Energy's value examination focuses on studying past and present price action to predict the probability of TransAct Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransAct Energy's price. Additionally, you may evaluate how the addition of TransAct Energy to your portfolios can decrease your overall portfolio volatility.