Bqe Water Stock Market Value
| BTQNF Stock | USD 38.00 0.10 0.26% |
| Symbol | BQE |
BQE Water '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 BQE Water'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 BQE Water.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in BQE Water on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding BQE Water or generate 0.0% return on investment in BQE Water over 180 days. BQE Water is related to or competes with Element Solutions, Orion Engineered, Minerals Technologies, Ingevity Corp, Hawkins, Crown Electrokinetics, and Core Molding. BQE Water Inc., a water treatment company, provides wastewater management and treatment services to the mining and metal... More
BQE Water 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 BQE Water'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 BQE Water upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 39.99 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 1.87 |
BQE Water Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BQE Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BQE Water's standard deviation. In reality, there are many statistical measures that can use BQE Water historical prices to predict the future BQE Water's volatility.| Risk Adjusted Performance | 0.0047 | |||
| Jensen Alpha | 0.0062 | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | 0.0978 |
BQE Water Backtested Returns
BQE Water secures Sharpe Ratio (or Efficiency) of -0.0944, which signifies that the company had a -0.0944% return per unit of risk over the last 3 months. BQE Water exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BQE Water's Risk Adjusted Performance of 0.0047, mean deviation of 1.29, and Standard Deviation of 4.13 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BQE Water are expected to decrease at a much lower rate. During the bear market, BQE Water is likely to outperform the market. At this point, BQE Water has a negative expected return of -0.32%. Please make sure to confirm BQE Water's treynor ratio, and the relationship between the variance and daily balance of power , to decide if BQE Water performance from the past will be repeated in the future.
Auto-correlation | 0.02 |
Virtually no predictability
BQE Water has virtually no predictability. Overlapping area represents the amount of predictability between BQE Water 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 BQE Water price movement. The serial correlation of 0.02 indicates that only 2.0% of current BQE Water price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 4.17 |
BQE Water lagged returns against current returns
Autocorrelation, which is BQE Water 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 BQE Water's pink sheet expected returns. We can calculate the autocorrelation of BQE Water returns to help us make a trade decision. For example, suppose you find that BQE Water 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 |
BQE Water 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 BQE Water pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BQE Water pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BQE Water pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BQE Water Lagged Returns
When evaluating BQE Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BQE Water pink sheet have on its future price. BQE Water 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, BQE Water autocorrelation shows the relationship between BQE Water pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BQE Water.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BQE Pink Sheet
BQE Water financial ratios help investors to determine whether BQE 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 BQE with respect to the benefits of owning BQE Water security.