Encompass Compliance Corp Stock Market Value
| ENCC Stock | USD 0 0.0006 54.55% |
| Symbol | Encompass |
Encompass Compliance '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 Encompass Compliance'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 Encompass Compliance.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Encompass Compliance on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Encompass Compliance Corp or generate 0.0% return on investment in Encompass Compliance over 30 days. Encompass Compliance is related to or competes with TransUnion, and Booz Allen. Encompass Compliance Corporation provides workplace drug, alcohol, and marijuana compliance services More
Encompass Compliance 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 Encompass Compliance'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 Encompass Compliance Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 46.53 | |||
| Information Ratio | 0.1291 | |||
| Maximum Drawdown | 2950.0 | |||
| Value At Risk | (46.67) | |||
| Potential Upside | 73.91 |
Encompass Compliance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Encompass Compliance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Encompass Compliance's standard deviation. In reality, there are many statistical measures that can use Encompass Compliance historical prices to predict the future Encompass Compliance's volatility.| Risk Adjusted Performance | 0.1093 | |||
| Jensen Alpha | 53.3 | |||
| Total Risk Alpha | (10.03) | |||
| Sortino Ratio | 0.9939 | |||
| Treynor Ratio | (0.81) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Encompass Compliance'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.
Encompass Compliance Corp Backtested Returns
Encompass Compliance is out of control given 3 months investment horizon. Encompass Compliance Corp secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of standard deviation over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 17.86% are justified by taking the suggested risk. Use Encompass Compliance Semi Deviation of 17.73, mean deviation of 92.75, and Downside Deviation of 46.53 to evaluate company specific risk that cannot be diversified away. Encompass Compliance holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -57.4, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Encompass Compliance are expected to decrease by larger amounts. On the other hand, during market turmoil, Encompass Compliance is expected to outperform it. Use Encompass Compliance jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to analyze future returns on Encompass Compliance.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Encompass Compliance Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Encompass Compliance time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Encompass Compliance Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Encompass Compliance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Encompass Compliance Corp lagged returns against current returns
Autocorrelation, which is Encompass Compliance 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 Encompass Compliance's pink sheet expected returns. We can calculate the autocorrelation of Encompass Compliance returns to help us make a trade decision. For example, suppose you find that Encompass Compliance 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 |
Encompass Compliance 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 Encompass Compliance pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Encompass Compliance pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Encompass Compliance pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Encompass Compliance Lagged Returns
When evaluating Encompass Compliance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Encompass Compliance pink sheet have on its future price. Encompass Compliance 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, Encompass Compliance autocorrelation shows the relationship between Encompass Compliance pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Encompass Compliance Corp.
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 Encompass Pink Sheet
Encompass Compliance financial ratios help investors to determine whether Encompass 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 Encompass with respect to the benefits of owning Encompass Compliance security.