Abco Energy Stock Market Value
| ABCE Stock | USD 0.0001 0.00 0.00% |
| Symbol | ABCO |
ABCO 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 ABCO 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 ABCO Energy.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in ABCO Energy on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding ABCO Energy or generate 0.0% return on investment in ABCO Energy over 180 days. ABCO Energy is related to or competes with VivoPower International, SPI Energy, Xinyi Solar, Xinyi Solar, and Nextracker. ABCO Energy, Inc., together with its subsidiaries, operates as an electrical product and services supplier in the United... More
ABCO 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 ABCO 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 ABCO Energy upside and downside potential and time the market with a certain degree of confidence.
ABCO Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ABCO Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ABCO Energy's standard deviation. In reality, there are many statistical measures that can use ABCO Energy historical prices to predict the future ABCO Energy's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ABCO 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.
ABCO Energy Backtested Returns
We have found three technical indicators for ABCO Energy, which you can use to evaluate the volatility of the entity. The firm owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and ABCO Energy are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
ABCO Energy has no correlation between past and present. Overlapping area represents the amount of predictability between ABCO Energy time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th of November 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 ABCO Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current ABCO Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ABCO Energy lagged returns against current returns
Autocorrelation, which is ABCO 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 ABCO Energy's pink sheet expected returns. We can calculate the autocorrelation of ABCO Energy returns to help us make a trade decision. For example, suppose you find that ABCO 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 |
ABCO 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 ABCO Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ABCO 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 ABCO Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ABCO Energy Lagged Returns
When evaluating ABCO Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ABCO Energy pink sheet have on its future price. ABCO 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, ABCO Energy autocorrelation shows the relationship between ABCO Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ABCO Energy.
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 ABCO Pink Sheet
ABCO Energy financial ratios help investors to determine whether ABCO 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 ABCO with respect to the benefits of owning ABCO Energy security.