Bactech Environmental Stock Market Value
| BCCEF Stock | USD 0.03 0.0008 3.01% |
| Symbol | BacTech |
BacTech Environmental '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 BacTech Environmental'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 BacTech Environmental.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in BacTech Environmental on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding BacTech Environmental or generate 0.0% return on investment in BacTech Environmental over 30 days. BacTech Environmental is related to or competes with Agilyx AS, BQE Water, LiCycle Holdings, Montrose Environmental, Avalon Holdings, and Ambipar Emergency. BacTech Environmental Corporation operates as an environmental technology company More
BacTech Environmental 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 BacTech Environmental'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 BacTech Environmental upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.54 | |||
| Information Ratio | 0.0801 | |||
| Maximum Drawdown | 99.63 | |||
| Value At Risk | (23.70) | |||
| Potential Upside | 19.83 |
BacTech Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BacTech Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BacTech Environmental's standard deviation. In reality, there are many statistical measures that can use BacTech Environmental historical prices to predict the future BacTech Environmental's volatility.| Risk Adjusted Performance | 0.0808 | |||
| Jensen Alpha | 1.59 | |||
| Total Risk Alpha | 0.0399 | |||
| Sortino Ratio | 0.0779 | |||
| Treynor Ratio | (0.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BacTech Environmental'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.
BacTech Environmental Backtested Returns
BacTech Environmental is out of control given 3 months investment horizon. BacTech Environmental secures Sharpe Ratio (or Efficiency) of 0.0883, which signifies that the company had a 0.0883 % return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.47% are justified by taking the suggested risk. Use BacTech Environmental mean deviation of 8.58, and Risk Adjusted Performance of 0.0808 to evaluate company specific risk that cannot be diversified away. BacTech Environmental holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -3.41, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning BacTech Environmental are expected to decrease by larger amounts. On the other hand, during market turmoil, BacTech Environmental is expected to outperform it. Use BacTech Environmental information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to analyze future returns on BacTech Environmental.
Auto-correlation | -0.66 |
Very good reverse predictability
BacTech Environmental has very good reverse predictability. Overlapping area represents the amount of predictability between BacTech Environmental time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BacTech Environmental price movement. The serial correlation of -0.66 indicates that around 66.0% of current BacTech Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BacTech Environmental lagged returns against current returns
Autocorrelation, which is BacTech Environmental 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 BacTech Environmental's otc stock expected returns. We can calculate the autocorrelation of BacTech Environmental returns to help us make a trade decision. For example, suppose you find that BacTech Environmental 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 |
BacTech Environmental 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 BacTech Environmental otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BacTech Environmental otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BacTech Environmental otc stock over time.
Current vs Lagged Prices |
| Timeline |
BacTech Environmental Lagged Returns
When evaluating BacTech Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BacTech Environmental otc stock have on its future price. BacTech Environmental 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, BacTech Environmental autocorrelation shows the relationship between BacTech Environmental otc stock current value and its past values and can show if there is a momentum factor associated with investing in BacTech Environmental.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| EBR | Centrais Electricas Brasileiras | |
| HE | Hawaiian Electric Industries | |
| VFC | VF Corporation | |
| BVHMF | Vistry Group PLC | |
| S | SentinelOne |
Other Information on Investing in BacTech OTC Stock
BacTech Environmental financial ratios help investors to determine whether BacTech 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 BacTech with respect to the benefits of owning BacTech Environmental security.