Eq Energy Drink Stock Market Value
| EQLB Stock | USD 0.0008 0.0006 42.86% |
| Symbol | EQLB |
Eq Energy '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 Eq Energy'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 Eq Energy.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Eq Energy on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Eq Energy Drink or generate 0.0% return on investment in Eq Energy over 30 days. Eq Energy is related to or competes with National Beverage, Vita Coco, and Hill Street. EQ Energy Drink, Inc. manufactures and distributes energy drink products More
Eq Energy 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 Eq Energy'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 Eq Energy Drink upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 28.08 | |||
| Information Ratio | 0.005 | |||
| Maximum Drawdown | 97.4 | |||
| Value At Risk | (35.29) | |||
| Potential Upside | 33.33 |
Eq Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eq Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eq Energy's standard deviation. In reality, there are many statistical measures that can use Eq Energy historical prices to predict the future Eq Energy's volatility.| Risk Adjusted Performance | 0.0194 | |||
| Jensen Alpha | 0.2335 | |||
| Total Risk Alpha | (2.41) | |||
| Sortino Ratio | 0.003 | |||
| Treynor Ratio | (0.83) |
Eq Energy Drink Backtested Returns
Eq Energy Drink retains Efficiency (Sharpe Ratio) of -0.0017, which denotes the company had a -0.0017% return per unit of price deviation over the last 3 months. Eq Energy exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eq Energy's Downside Deviation of 28.08, standard deviation of 16.61, and Market Risk Adjusted Performance of (0.82) to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eq Energy are expected to decrease at a much lower rate. During the bear market, Eq Energy is likely to outperform the market. At this point, Eq Energy Drink has a negative expected return of -0.0246%. Please make sure to confirm Eq Energy's sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to decide if Eq Energy Drink performance from the past will be repeated in the future.
Auto-correlation | -0.35 |
Poor reverse predictability
Eq Energy Drink has poor reverse predictability. Overlapping area represents the amount of predictability between Eq Energy time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Eq Energy Drink price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Eq Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eq Energy Drink lagged returns against current returns
Autocorrelation, which is Eq Energy 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 Eq Energy's pink sheet expected returns. We can calculate the autocorrelation of Eq Energy returns to help us make a trade decision. For example, suppose you find that Eq Energy 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 |
Eq Energy 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 Eq Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eq Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eq Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Eq Energy Lagged Returns
When evaluating Eq Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eq Energy pink sheet have on its future price. Eq Energy 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, Eq Energy autocorrelation shows the relationship between Eq Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Eq Energy Drink.
Regressed Prices |
| Timeline |
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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 EQLB Pink Sheet
Eq Energy financial ratios help investors to determine whether EQLB 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 EQLB with respect to the benefits of owning Eq Energy security.