Enservco Co Market Value
| ENSVDelisted Stock | USD 0.05 0.01 9.33% |
| Symbol | Enservco |
Enservco '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 Enservco'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 Enservco.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Enservco on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Enservco Co or generate 0.0% return on investment in Enservco over 540 days. Enservco is related to or competes with Houston American, Indonesia Energy, Imperial Petroleum, Nine Energy, and PEDEVCO Corp. Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore o... More
Enservco 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 Enservco'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 Enservco Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 69.74 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Enservco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enservco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enservco's standard deviation. In reality, there are many statistical measures that can use Enservco historical prices to predict the future Enservco's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (1.24) | |||
| Total Risk Alpha | (2.74) | |||
| Treynor Ratio | 1.86 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Enservco'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.
Enservco Backtested Returns
Enservco secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. Enservco Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enservco's Mean Deviation of 5.5, variance of 79.83, and Standard Deviation of 8.93 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.72, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Enservco are expected to decrease at a much lower rate. During the bear market, Enservco is likely to outperform the market. At this point, Enservco has a negative expected return of -1.23%. Please make sure to confirm Enservco's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Enservco performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Enservco Co has good predictability. Overlapping area represents the amount of predictability between Enservco time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th 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 Enservco price movement. The serial correlation of 0.67 indicates that around 67.0% of current Enservco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Enservco lagged returns against current returns
Autocorrelation, which is Enservco 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 Enservco's otc stock expected returns. We can calculate the autocorrelation of Enservco returns to help us make a trade decision. For example, suppose you find that Enservco 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 |
Enservco 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 Enservco otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enservco otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enservco otc stock over time.
Current vs Lagged Prices |
| Timeline |
Enservco Lagged Returns
When evaluating Enservco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enservco otc stock have on its future price. Enservco 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, Enservco autocorrelation shows the relationship between Enservco otc stock current value and its past values and can show if there is a momentum factor associated with investing in Enservco Co.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Enservco Correlation, Enservco Volatility and Enservco Alpha and Beta module to complement your research on Enservco. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Enservco OTC Stock
If you are still planning to invest in Enservco check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Enservco's history and understand the potential risks before investing.
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