Mass Megawat Wind Stock Market Value
| MMMW Stock | USD 0.27 0.19 41.30% |
| Symbol | Mass |
Mass Megawat '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 Mass Megawat'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 Mass Megawat.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in Mass Megawat on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Mass Megawat Wind or generate 0.0% return on investment in Mass Megawat over 30 days. Mass Megawat is related to or competes with Kansai Electric, Astra Energy, Brenmiller Energy, Clearway Energy, Orsted A/S, and Fusion Fuel. Mass Megawatts Wind Power, Inc. engages in developing clean energy systems for commercial and residential users in the U... More
Mass Megawat 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 Mass Megawat'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 Mass Megawat Wind upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.17 | |||
| Information Ratio | 0.1143 | |||
| Maximum Drawdown | 203.33 | |||
| Value At Risk | (42.86) | |||
| Potential Upside | 64.29 |
Mass Megawat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mass Megawat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mass Megawat's standard deviation. In reality, there are many statistical measures that can use Mass Megawat historical prices to predict the future Mass Megawat's volatility.| Risk Adjusted Performance | 0.1075 | |||
| Jensen Alpha | 4.41 | |||
| Total Risk Alpha | 1.26 | |||
| Sortino Ratio | 0.1393 | |||
| Treynor Ratio | (2.15) |
Mass Megawat Wind Backtested Returns
Mass Megawat is out of control given 3 months investment horizon. Mass Megawat Wind has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11 % return per unit of risk over the last 3 months. We have collected data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 3.96% are justified by taking the suggested risk. Use Mass Megawat Wind Mean Deviation of 21.19, risk adjusted performance of 0.1075, and Downside Deviation of 30.17 to evaluate company specific risk that cannot be diversified away. Mass Megawat holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.99, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Mass Megawat are expected to decrease by larger amounts. On the other hand, during market turmoil, Mass Megawat is expected to outperform it. Use Mass Megawat Wind total risk alpha, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to analyze future returns on Mass Megawat Wind.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Mass Megawat Wind has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Mass Megawat time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 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 Mass Megawat Wind price movement. The serial correlation of -0.78 indicates that around 78.0% of current Mass Megawat price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Mass Megawat Wind lagged returns against current returns
Autocorrelation, which is Mass Megawat 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 Mass Megawat's pink sheet expected returns. We can calculate the autocorrelation of Mass Megawat returns to help us make a trade decision. For example, suppose you find that Mass Megawat 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 |
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Mass Megawat 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 Mass Megawat pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mass Megawat pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mass Megawat pink sheet over time.
Current vs Lagged Prices |
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Mass Megawat Lagged Returns
When evaluating Mass Megawat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mass Megawat pink sheet have on its future price. Mass Megawat 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, Mass Megawat autocorrelation shows the relationship between Mass Megawat pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mass Megawat Wind.
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.Additional Tools for Mass Pink Sheet Analysis
When running Mass Megawat's price analysis, check to measure Mass Megawat'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 Mass Megawat is operating at the current time. Most of Mass Megawat's value examination focuses on studying past and present price action to predict the probability of Mass Megawat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mass Megawat's price. Additionally, you may evaluate how the addition of Mass Megawat to your portfolios can decrease your overall portfolio volatility.