Usa Recycling Industries Stock Market Value
| USRI Stock | USD 0.0001 0.00 0.00% |
| Symbol | USA |
USA Recycling '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 USA Recycling'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 USA Recycling.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in USA Recycling on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding USA Recycling Industries or generate 0.0% return on investment in USA Recycling over 180 days. USA Recycling is related to or competes with HE Equipment, Apogee Enterprises, United Rentals, Chemours, Fortress Transp, Parker Hannifin, and Amkor Technology. USA Recycling Industries, Inc. engages in the ownership, operation, and licensing of specialty recycling service centers... More
USA Recycling 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 USA Recycling'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 USA Recycling Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 92.31 |
USA Recycling Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for USA Recycling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as USA Recycling's standard deviation. In reality, there are many statistical measures that can use USA Recycling historical prices to predict the future USA Recycling's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (1.42) | |||
| Total Risk Alpha | (1.72) | |||
| Treynor Ratio | (2.05) |
USA Recycling Industries Backtested Returns
USA Recycling Industries retains Efficiency (Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of volatility over the last 3 months. USA Recycling exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate USA Recycling's risk adjusted performance of (0.09), and Standard Deviation of 11.36 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, USA Recycling's returns are expected to increase less than the market. However, during the bear market, the loss of holding USA Recycling is expected to be smaller as well. At this point, USA Recycling Industries has a negative expected return of -1.42%. Please make sure to validate USA Recycling's mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and day median price , to decide if USA Recycling Industries performance from the past will be repeated at future time.
Auto-correlation | 0.00 |
No correlation between past and present
USA Recycling Industries has no correlation between past and present. Overlapping area represents the amount of predictability between USA Recycling time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 USA Recycling Industries price movement. The serial correlation of 0.0 indicates that just 0.0% of current USA Recycling price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
USA Recycling Industries lagged returns against current returns
Autocorrelation, which is USA Recycling 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 USA Recycling's pink sheet expected returns. We can calculate the autocorrelation of USA Recycling returns to help us make a trade decision. For example, suppose you find that USA Recycling 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 |
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USA Recycling 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 USA Recycling pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if USA Recycling pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in USA Recycling pink sheet over time.
Current vs Lagged Prices |
| Timeline |
USA Recycling Lagged Returns
When evaluating USA Recycling's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of USA Recycling pink sheet have on its future price. USA Recycling 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, USA Recycling autocorrelation shows the relationship between USA Recycling pink sheet current value and its past values and can show if there is a momentum factor associated with investing in USA Recycling Industries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in USA Pink Sheet
USA Recycling financial ratios help investors to determine whether USA 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 USA with respect to the benefits of owning USA Recycling security.