Eddy Smart Home Stock Market Value
| ESHSF Stock | USD 1.00 0.00 0.00% |
| Symbol | Eddy |
Eddy Smart '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 Eddy Smart'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 Eddy Smart.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in Eddy Smart on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding Eddy Smart Home or generate 0.0% return on investment in Eddy Smart over 30 days. Eddy Smart is related to or competes with ESCO Technologies, Know Labs, Focus Universal, Sono Tek, Mesa Laboratories, Novanta, and Vishay Precision. Eddy Smart Home Solutions Ltd. provides residential and commercial smart water metering products and related technologie... More
Eddy Smart 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 Eddy Smart'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 Eddy Smart Home upside and downside potential and time the market with a certain degree of confidence.
Eddy Smart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eddy Smart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eddy Smart's standard deviation. In reality, there are many statistical measures that can use Eddy Smart historical prices to predict the future Eddy Smart's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eddy Smart'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.
Eddy Smart Home Backtested Returns
We have found three technical indicators for Eddy Smart Home, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Eddy Smart are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Eddy Smart Home has no correlation between past and present. Overlapping area represents the amount of predictability between Eddy Smart time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Eddy Smart Home price movement. The serial correlation of 0.0 indicates that just 0.0% of current Eddy Smart price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eddy Smart Home lagged returns against current returns
Autocorrelation, which is Eddy Smart 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 Eddy Smart's pink sheet expected returns. We can calculate the autocorrelation of Eddy Smart returns to help us make a trade decision. For example, suppose you find that Eddy Smart 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 |
Eddy Smart 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 Eddy Smart pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eddy Smart pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eddy Smart pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Eddy Smart Lagged Returns
When evaluating Eddy Smart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eddy Smart pink sheet have on its future price. Eddy Smart 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, Eddy Smart autocorrelation shows the relationship between Eddy Smart pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Eddy Smart Home.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Eddy Pink Sheet
Eddy Smart financial ratios help investors to determine whether Eddy 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 Eddy with respect to the benefits of owning Eddy Smart security.