1st Nrg Corp Stock Market Value
| FNRC Stock | USD 0.0001 0.00 0.00% |
| Symbol | 1st |
1st NRG '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 1st NRG'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 1st NRG.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in 1st NRG on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding 1st NRG Corp or generate 0.0% return on investment in 1st NRG over 360 days. 1st NRG is related to or competes with International Petroleum, and Saturn Oil. 1st NRG Corp. explores, develops, produces, and sells natural gas properties in the United States More
1st NRG 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 1st NRG'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 1st NRG Corp upside and downside potential and time the market with a certain degree of confidence.
1st NRG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1st NRG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1st NRG's standard deviation. In reality, there are many statistical measures that can use 1st NRG historical prices to predict the future 1st NRG's volatility.1st NRG Corp Backtested Returns
We have found three technical indicators for 1st NRG Corp, which you can use to evaluate the volatility of the firm. 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 1st NRG are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
1st NRG Corp has perfect predictability. Overlapping area represents the amount of predictability between 1st NRG time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 2024 to 27th 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 1st NRG Corp price movement. The serial correlation of 1.0 indicates that 100.0% of current 1st NRG 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 |
1st NRG Corp lagged returns against current returns
Autocorrelation, which is 1st NRG 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 1st NRG's pink sheet expected returns. We can calculate the autocorrelation of 1st NRG returns to help us make a trade decision. For example, suppose you find that 1st NRG 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 |
1st NRG 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 1st NRG pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1st NRG pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1st NRG pink sheet over time.
Current vs Lagged Prices |
| Timeline |
1st NRG Lagged Returns
When evaluating 1st NRG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1st NRG pink sheet have on its future price. 1st NRG 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, 1st NRG autocorrelation shows the relationship between 1st NRG pink sheet current value and its past values and can show if there is a momentum factor associated with investing in 1st NRG Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
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 1st Pink Sheet
1st NRG financial ratios help investors to determine whether 1st 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 1st with respect to the benefits of owning 1st NRG security.