Electronic Control Security Stock Market Value
| EKCS Stock | USD 0 0.00 0.00% |
| Symbol | Electronic |
Electronic Control '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 Electronic Control'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 Electronic Control.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Electronic Control on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Electronic Control Security or generate 0.0% return on investment in Electronic Control over 30 days. Electronic Control is related to or competes with NCino, Thinkific Labs, Dassault Systemes, Snowflake, Zoom Video, and Shopify. Electronic Control Security Inc. designs, develops, manufactures, and markets technology-based integrated security solut... More
Electronic Control 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 Electronic Control'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 Electronic Control Security upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0922 | |||
| Maximum Drawdown | 12.9 |
Electronic Control Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electronic Control's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Electronic Control's standard deviation. In reality, there are many statistical measures that can use Electronic Control historical prices to predict the future Electronic Control's volatility.| Risk Adjusted Performance | 0.1001 | |||
| Jensen Alpha | 0.2295 | |||
| Total Risk Alpha | 0.0124 | |||
| Treynor Ratio | 3.1 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Electronic Control'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.
Electronic Control Backtested Returns
Electronic Control appears to be out of control, given 3 months investment horizon. Electronic Control secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Electronic Control Security, which you can use to evaluate the volatility of the firm. Please utilize Electronic Control's Variance of 2.67, mean deviation of 0.4771, and Standard Deviation of 1.63 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Electronic Control holds a performance score of 9. The firm shows a Beta (market volatility) of 0.0761, which means not very significant fluctuations relative to the market. As returns on the market increase, Electronic Control's returns are expected to increase less than the market. However, during the bear market, the loss of holding Electronic Control is expected to be smaller as well. Please check Electronic Control's mean deviation, jensen alpha, as well as the relationship between the Jensen Alpha and day median price , to make a quick decision on whether Electronic Control's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Electronic Control Security has no correlation between past and present. Overlapping area represents the amount of predictability between Electronic Control time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Electronic Control price movement. The serial correlation of 0.0 indicates that just 0.0% of current Electronic Control price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Electronic Control lagged returns against current returns
Autocorrelation, which is Electronic Control 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 Electronic Control's pink sheet expected returns. We can calculate the autocorrelation of Electronic Control returns to help us make a trade decision. For example, suppose you find that Electronic Control 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 |
Electronic Control 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 Electronic Control pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Electronic Control pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Electronic Control pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Electronic Control Lagged Returns
When evaluating Electronic Control's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Electronic Control pink sheet have on its future price. Electronic Control 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, Electronic Control autocorrelation shows the relationship between Electronic Control pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Electronic Control Security.
Regressed Prices |
| Timeline |
Pair Trading with Electronic Control
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 Electronic Control 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 Electronic Control will appreciate offsetting losses from the drop in the long position's value.Moving together with Electronic Pink Sheet
| 0.62 | BRK-A | Berkshire Hathaway | PairCorr |
Moving against Electronic Pink Sheet
| 0.8 | GFGY | Granite Falls Energy | PairCorr |
| 0.79 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.78 | AMKBF | AP Møller | PairCorr |
| 0.64 | MCD | McDonalds Earnings Call This Week | PairCorr |
| 0.48 | PRSEF | Prosafe | PairCorr |
The ability to find closely correlated positions to Electronic Control could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electronic Control 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 Electronic Control - 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 Electronic Control Security to buy it.
The correlation of Electronic Control 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 Electronic Control moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electronic Control 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 Electronic Control 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.Check out Electronic Control Correlation, Electronic Control Volatility and Electronic Control Alpha and Beta module to complement your research on Electronic Control. Note that the Electronic Control information on this page should be used as a complementary analysis to other Electronic Control'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Electronic Pink Sheet analysis
When running Electronic Control's price analysis, check to measure Electronic Control'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 Electronic Control is operating at the current time. Most of Electronic Control's value examination focuses on studying past and present price action to predict the probability of Electronic Control's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electronic Control's price. Additionally, you may evaluate how the addition of Electronic Control to your portfolios can decrease your overall portfolio volatility.
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Electronic Control 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.