Xebec Adsorption Stock Market Value
Xebec Adsorption's market value is the price at which a share of Xebec Adsorption trades on a public exchange. It measures the collective expectations of Xebec Adsorption investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Xebec Adsorption and determine expected loss or profit from investing in Xebec Adsorption over a given investment horizon. Check out Xebec Adsorption Correlation, Xebec Adsorption Volatility and Xebec Adsorption Alpha and Beta module to complement your research on Xebec Adsorption.
| Symbol | Xebec |
Xebec Adsorption '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 Xebec Adsorption'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 Xebec Adsorption.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Xebec Adsorption on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Xebec Adsorption or generate 0.0% return on investment in Xebec Adsorption over 210 days. Xebec Adsorption is related to or competes with Standex International, Intevac, Thermon Group, Enpro Industries, Graham, Omega Flex, and Luxfer Holdings. Xebec Adsorption Inc. designs, manufactures, and sells purification, separation, dehydration, and filtration equipment f... More
Xebec Adsorption 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 Xebec Adsorption'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 Xebec Adsorption upside and downside potential and time the market with a certain degree of confidence.
Xebec Adsorption Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xebec Adsorption's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xebec Adsorption's standard deviation. In reality, there are many statistical measures that can use Xebec Adsorption historical prices to predict the future Xebec Adsorption's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xebec Adsorption'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.
Xebec Adsorption Backtested Returns
We have found zero technical indicators for Xebec Adsorption, which you can use to evaluate the volatility of the company. The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Xebec Adsorption are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Xebec Adsorption has no correlation between past and present. Overlapping area represents the amount of predictability between Xebec Adsorption time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd of December 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 Xebec Adsorption price movement. The serial correlation of 0.0 indicates that just 0.0% of current Xebec Adsorption price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Xebec Adsorption lagged returns against current returns
Autocorrelation, which is Xebec Adsorption 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 Xebec Adsorption's pink sheet expected returns. We can calculate the autocorrelation of Xebec Adsorption returns to help us make a trade decision. For example, suppose you find that Xebec Adsorption 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 |
Xebec Adsorption 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 Xebec Adsorption pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xebec Adsorption pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xebec Adsorption pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Xebec Adsorption Lagged Returns
When evaluating Xebec Adsorption's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xebec Adsorption pink sheet have on its future price. Xebec Adsorption 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, Xebec Adsorption autocorrelation shows the relationship between Xebec Adsorption pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Xebec Adsorption.
Regressed Prices |
| Timeline |
Pair Trading with Xebec Adsorption
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 Xebec Adsorption 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 Xebec Adsorption will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Xebec Adsorption could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xebec Adsorption 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 Xebec Adsorption - 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 Xebec Adsorption to buy it.
The correlation of Xebec Adsorption 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 Xebec Adsorption moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xebec Adsorption 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 Xebec Adsorption 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 Xebec Pink Sheet Analysis
When running Xebec Adsorption's price analysis, check to measure Xebec Adsorption'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 Xebec Adsorption is operating at the current time. Most of Xebec Adsorption's value examination focuses on studying past and present price action to predict the probability of Xebec Adsorption's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xebec Adsorption's price. Additionally, you may evaluate how the addition of Xebec Adsorption to your portfolios can decrease your overall portfolio volatility.