Global Clean Energy Stock Market Value
| GCEH Stock | USD 0.87 0.01 1.14% |
| Symbol | Global |
Global Clean '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 Global Clean's otc stock 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 Global Clean.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Global Clean on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Global Clean Energy or generate 0.0% return on investment in Global Clean over 30 days. Global Clean is related to or competes with Edible Garden, Golden Agri, Local Bounti, Village Farms, Limoneira, Golden Agri, and SW Seed. Global Clean Energy Holdings, Inc., a renewable fuels company, engages in the development, production, and processing of... More
Global Clean 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 Global Clean's otc stock 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 Global Clean Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.65 | |||
| Information Ratio | 0.1169 | |||
| Maximum Drawdown | 50.34 | |||
| Value At Risk | (11.00) | |||
| Potential Upside | 36.0 |
Global Clean Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Clean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Clean's standard deviation. In reality, there are many statistical measures that can use Global Clean historical prices to predict the future Global Clean's volatility.| Risk Adjusted Performance | 0.1053 | |||
| Jensen Alpha | 1.7 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1364 | |||
| Treynor Ratio | (1.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Global Clean'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.
Global Clean Energy Backtested Returns
Global Clean is out of control given 3 months investment horizon. Global Clean Energy holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.74% are justified by taking the suggested risk. Use Global Clean Energy Risk Adjusted Performance of 0.1053, downside deviation of 10.65, and Market Risk Adjusted Performance of (1.04) to evaluate company specific risk that cannot be diversified away. Global Clean holds a performance score of 10 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.48, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Global Clean are expected to decrease by larger amounts. On the other hand, during market turmoil, Global Clean is expected to outperform it. Use Global Clean Energy sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to analyze future returns on Global Clean Energy.
Auto-correlation | -0.59 |
Good reverse predictability
Global Clean Energy has good reverse predictability. Overlapping area represents the amount of predictability between Global Clean time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Global Clean Energy price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Global Clean price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Clean Energy lagged returns against current returns
Autocorrelation, which is Global Clean otc stock'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 Global Clean's otc stock expected returns. We can calculate the autocorrelation of Global Clean returns to help us make a trade decision. For example, suppose you find that Global Clean has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
Global Clean 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 Global Clean otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Clean otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Clean otc stock over time.
Current vs Lagged Prices |
| Timeline |
Global Clean Lagged Returns
When evaluating Global Clean's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Clean otc stock have on its future price. Global Clean 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, Global Clean autocorrelation shows the relationship between Global Clean otc stock current value and its past values and can show if there is a momentum factor associated with investing in Global Clean Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Global OTC Stock
Global Clean financial ratios help investors to determine whether Global OTC Stock 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 Global with respect to the benefits of owning Global Clean security.