Electro Optic Systems Stock Market Value
| EOPSF Stock | USD 0.80 0.00 0.00% |
| Symbol | Electro |
Electro Optic '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 Electro Optic'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 Electro Optic.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Electro Optic on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Electro Optic Systems or generate 0.0% return on investment in Electro Optic over 30 days. Electro Optic is related to or competes with Moog, BAE Systems, Park Electrochemical, Triumph, Eve Holding, Textron, and Mercury Systems. Electro Optic Systems Holdings Limited engages in the development, manufacture, and sale of telescopes and dome enclosur... More
Electro Optic 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 Electro Optic'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 Electro Optic Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 33.2 | |||
| Value At Risk | (6.96) | |||
| Potential Upside | 6.45 |
Electro Optic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electro Optic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Electro Optic's standard deviation. In reality, there are many statistical measures that can use Electro Optic historical prices to predict the future Electro Optic's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (1.20) | |||
| Treynor Ratio | (1.69) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Electro Optic'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.
Electro Optic Systems Backtested Returns
Electro Optic Systems secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Electro Optic Systems exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Electro Optic's Variance of 22.97, standard deviation of 4.79, and Mean Deviation of 2.35 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, Electro Optic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Electro Optic is expected to be smaller as well. At this point, Electro Optic Systems has a negative expected return of -0.56%. Please make sure to confirm Electro Optic's mean deviation, jensen alpha, as well as the relationship between the Jensen Alpha and kurtosis , to decide if Electro Optic Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Electro Optic Systems has modest predictability. Overlapping area represents the amount of predictability between Electro Optic time series from 26th of October 2024 to 10th of November 2024 and 10th of November 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 Electro Optic Systems price movement. The serial correlation of 0.52 indicates that about 52.0% of current Electro Optic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Electro Optic Systems lagged returns against current returns
Autocorrelation, which is Electro Optic 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 Electro Optic's pink sheet expected returns. We can calculate the autocorrelation of Electro Optic returns to help us make a trade decision. For example, suppose you find that Electro Optic 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 |
Electro Optic 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 Electro Optic pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Electro Optic pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Electro Optic pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Electro Optic Lagged Returns
When evaluating Electro Optic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Electro Optic pink sheet have on its future price. Electro Optic 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, Electro Optic autocorrelation shows the relationship between Electro Optic pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Electro Optic Systems.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Electro Pink Sheet
Electro Optic financial ratios help investors to determine whether Electro 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 Electro with respect to the benefits of owning Electro Optic security.