Coil Tubing Technology Stock Market Value
| CTBG Stock | USD 0.0002 0.00 0.00% |
| Symbol | Coil |
Coil Tubing '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 Coil Tubing'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 Coil Tubing.
| 03/04/2024 |
| 06/02/2024 |
If you would invest 0.00 in Coil Tubing on March 4, 2024 and sell it all today you would earn a total of 0.00 from holding Coil Tubing Technology or generate 0.0% return on investment in Coil Tubing over 90 days. Coil Tubing is related to or competes with Arhaus, Floor Decor, Live Ventures, LL Flooring, Pet Acquisition, Intel, and 3M. Coil Tubing Technology, Inc., a coil tubing company, focuses on the development, marketing, and rental of advanced tools... More
Coil Tubing 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 Coil Tubing'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 Coil Tubing Technology upside and downside potential and time the market with a certain degree of confidence.
Coil Tubing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coil Tubing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coil Tubing's standard deviation. In reality, there are many statistical measures that can use Coil Tubing historical prices to predict the future Coil Tubing's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Coil Tubing'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.
Coil Tubing Technology Backtested Returns
We have found three technical indicators for Coil Tubing Technology, 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 Coil Tubing are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Coil Tubing Technology has perfect predictability. Overlapping area represents the amount of predictability between Coil Tubing time series from 4th of March 2024 to 18th of April 2024 and 18th of April 2024 to 2nd of June 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 Coil Tubing Technology price movement. The serial correlation of 1.0 indicates that 100.0% of current Coil Tubing 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 |
Coil Tubing Technology lagged returns against current returns
Autocorrelation, which is Coil Tubing 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 Coil Tubing's pink sheet expected returns. We can calculate the autocorrelation of Coil Tubing returns to help us make a trade decision. For example, suppose you find that Coil Tubing 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 |
Coil Tubing 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 Coil Tubing pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coil Tubing pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coil Tubing pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Coil Tubing Lagged Returns
When evaluating Coil Tubing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coil Tubing pink sheet have on its future price. Coil Tubing 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, Coil Tubing autocorrelation shows the relationship between Coil Tubing pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Coil Tubing Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Coil Tubing Correlation, Coil Tubing Volatility and Coil Tubing Alpha and Beta module to complement your research on Coil Tubing. Note that the Coil Tubing Technology information on this page should be used as a complementary analysis to other Coil Tubing's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Coil Pink Sheet analysis
When running Coil Tubing's price analysis, check to measure Coil Tubing'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 Coil Tubing is operating at the current time. Most of Coil Tubing's value examination focuses on studying past and present price action to predict the probability of Coil Tubing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coil Tubing's price. Additionally, you may evaluate how the addition of Coil Tubing to your portfolios can decrease your overall portfolio volatility.
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Coil Tubing technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.