Consolidated Eco Systems Stock Market Value
| EXSO Stock | USD 0.0001 0.00 0.00% |
| Symbol | Consolidated |
Consolidated Eco-Systems '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 Consolidated Eco-Systems' 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 Consolidated Eco-Systems.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Consolidated Eco-Systems on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Consolidated Eco Systems or generate 0.0% return on investment in Consolidated Eco-Systems over 30 days. Consolidated EcoSystems, Inc. provides various environmental, industrial, and technical services in the United States an... More
Consolidated Eco-Systems 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 Consolidated Eco-Systems' 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 Consolidated Eco Systems upside and downside potential and time the market with a certain degree of confidence.
Consolidated Eco-Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Consolidated Eco-Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Consolidated Eco-Systems' standard deviation. In reality, there are many statistical measures that can use Consolidated Eco-Systems historical prices to predict the future Consolidated Eco-Systems' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Consolidated Eco-Systems' 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.
Consolidated Eco Systems Backtested Returns
Consolidated Eco Systems secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We are able to interpolate and collect three different technical indicators, which can help you to evaluate if expected returns of 15.87% are justified by taking the suggested risk. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Consolidated Eco-Systems are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Consolidated Eco Systems has no correlation between past and present. Overlapping area represents the amount of predictability between Consolidated Eco-Systems time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Consolidated Eco Systems price movement. The serial correlation of 0.0 indicates that just 0.0% of current Consolidated Eco-Systems 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 |
Consolidated Eco Systems lagged returns against current returns
Autocorrelation, which is Consolidated Eco-Systems 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 Consolidated Eco-Systems' pink sheet expected returns. We can calculate the autocorrelation of Consolidated Eco-Systems returns to help us make a trade decision. For example, suppose you find that Consolidated Eco-Systems 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 |
Consolidated Eco-Systems 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 Consolidated Eco-Systems pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Consolidated Eco-Systems pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Consolidated Eco-Systems pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Consolidated Eco-Systems Lagged Returns
When evaluating Consolidated Eco-Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Consolidated Eco-Systems pink sheet have on its future price. Consolidated Eco-Systems 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, Consolidated Eco-Systems autocorrelation shows the relationship between Consolidated Eco-Systems pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Consolidated Eco Systems.
Regressed Prices |
| Timeline |
Pair Trading with Consolidated Eco-Systems
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 Consolidated Eco-Systems 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 Consolidated Eco-Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Consolidated Pink Sheet
Moving against Consolidated Pink Sheet
| 0.81 | TMRAF | Tomra Systems ASA | PairCorr |
| 0.69 | VEOEY | Veolia Environnement | PairCorr |
| 0.67 | TMRAY | Tomra Systems ASA | PairCorr |
| 0.66 | BKLRF | Berkeley Energy | PairCorr |
| 0.61 | VEOEF | Veolia Environnement | PairCorr |
The ability to find closely correlated positions to Consolidated Eco-Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Eco-Systems 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 Consolidated Eco-Systems - 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 Consolidated Eco Systems to buy it.
The correlation of Consolidated Eco-Systems 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 Consolidated Eco-Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Eco Systems 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 Consolidated Eco-Systems 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.Other Information on Investing in Consolidated Pink Sheet
Consolidated Eco-Systems financial ratios help investors to determine whether Consolidated 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 Consolidated with respect to the benefits of owning Consolidated Eco-Systems security.