Evolution Technology Resources Stock Market Value
| ETKR Stock | USD 0.0001 0.00 0.00% |
| Symbol | Evolution |
Evolution Technology '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 Evolution Technology'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 Evolution Technology.
| 01/01/2025 |
| 12/27/2025 |
If you would invest 0.00 in Evolution Technology on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Evolution Technology Resources or generate 0.0% return on investment in Evolution Technology over 360 days. Evolution Technology Resources Inc. operates in the online gambling and social gaming industry More
Evolution Technology 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 Evolution Technology'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 Evolution Technology Resources upside and downside potential and time the market with a certain degree of confidence.
Evolution Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolution Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evolution Technology's standard deviation. In reality, there are many statistical measures that can use Evolution Technology historical prices to predict the future Evolution Technology's volatility.Evolution Technology Backtested Returns
We have found three technical indicators for Evolution Technology Resources, 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 Evolution Technology are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Evolution Technology Resources has perfect predictability. Overlapping area represents the amount of predictability between Evolution Technology time series from 1st of January 2025 to 30th of June 2025 and 30th of June 2025 to 27th of December 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 Evolution Technology price movement. The serial correlation of 1.0 indicates that 100.0% of current Evolution Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Evolution Technology lagged returns against current returns
Autocorrelation, which is Evolution Technology 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 Evolution Technology's pink sheet expected returns. We can calculate the autocorrelation of Evolution Technology returns to help us make a trade decision. For example, suppose you find that Evolution Technology 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 |
Evolution Technology 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 Evolution Technology pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evolution Technology pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evolution Technology pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Evolution Technology Lagged Returns
When evaluating Evolution Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evolution Technology pink sheet have on its future price. Evolution Technology 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, Evolution Technology autocorrelation shows the relationship between Evolution Technology pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Evolution Technology Resources.
Regressed Prices |
| Timeline |
Pair Trading with Evolution Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evolution Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evolution Technology will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Evolution Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evolution Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evolution Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evolution Technology Resources to buy it.
The correlation of Evolution Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evolution Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evolution Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evolution Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Evolution Pink Sheet Analysis
When running Evolution Technology's price analysis, check to measure Evolution Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evolution Technology is operating at the current time. Most of Evolution Technology's value examination focuses on studying past and present price action to predict the probability of Evolution Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolution Technology's price. Additionally, you may evaluate how the addition of Evolution Technology to your portfolios can decrease your overall portfolio volatility.