Char Technologies Stock Market Value
| CTRNF Stock | USD 0.20 0.11 35.48% |
| Symbol | CHAR |
CHAR Technologies '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 CHAR Technologies' 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 CHAR Technologies.
| 06/25/2024 |
| 01/16/2026 |
If you would invest 0.00 in CHAR Technologies on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding CHAR Technologies or generate 0.0% return on investment in CHAR Technologies over 570 days. CHAR Technologies is related to or competes with Vitreous Glass, Aura Systems, Northstar Clean, and Qualstar. CHAR Technologies Ltd., a cleantech development and services company, engages in the conversion of organic waste into cl... More
CHAR Technologies 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 CHAR Technologies' 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 CHAR Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0195 | |||
| Maximum Drawdown | 10.0 | |||
| Potential Upside | 5.26 |
CHAR Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHAR Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHAR Technologies' standard deviation. In reality, there are many statistical measures that can use CHAR Technologies historical prices to predict the future CHAR Technologies' volatility.| Risk Adjusted Performance | 0.0334 | |||
| Jensen Alpha | 0.3165 | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (0.29) |
CHAR Technologies Backtested Returns
CHAR Technologies appears to be out of control, given 3 months investment horizon. CHAR Technologies retains Efficiency (Sharpe Ratio) of 0.036, which signifies that the company had a 0.036 % return per unit of risk over the last 3 months. We have found twenty technical indicators for CHAR Technologies, which you can use to evaluate the volatility of the firm. Please makes use of CHAR Technologies' variance of 49.03, and Market Risk Adjusted Performance of (0.28) to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CHAR Technologies holds a performance score of 2. The firm owns a Beta (Systematic Risk) of -0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CHAR Technologies are expected to decrease at a much lower rate. During the bear market, CHAR Technologies is likely to outperform the market. Please check CHAR Technologies' standard deviation and the relationship between the total risk alpha and price action indicator , to make a quick decision on whether CHAR Technologies' current price history will revert.
Auto-correlation | -0.81 |
Excellent reverse predictability
CHAR Technologies has excellent reverse predictability. Overlapping area represents the amount of predictability between CHAR Technologies time series from 25th of June 2024 to 6th of April 2025 and 6th of April 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CHAR Technologies price movement. The serial correlation of -0.81 indicates that around 81.0% of current CHAR Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CHAR Technologies lagged returns against current returns
Autocorrelation, which is CHAR Technologies 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 CHAR Technologies' pink sheet expected returns. We can calculate the autocorrelation of CHAR Technologies returns to help us make a trade decision. For example, suppose you find that CHAR Technologies 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 |
CHAR Technologies 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 CHAR Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHAR Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHAR Technologies pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CHAR Technologies Lagged Returns
When evaluating CHAR Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHAR Technologies pink sheet have on its future price. CHAR Technologies 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, CHAR Technologies autocorrelation shows the relationship between CHAR Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CHAR Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CHAR Pink Sheet
CHAR Technologies financial ratios help investors to determine whether CHAR 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 CHAR with respect to the benefits of owning CHAR Technologies security.