Delta Cleantech Stock Market Value
| DCTIF Stock | USD 0.03 0.0005 1.96% |
| Symbol | Delta |
Delta CleanTech '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 Delta CleanTech'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 Delta CleanTech.
| 03/04/2024 |
| 06/02/2024 |
If you would invest 0.00 in Delta CleanTech on March 4, 2024 and sell it all today you would earn a total of 0.00 from holding Delta CleanTech or generate 0.0% return on investment in Delta CleanTech over 90 days. Delta CleanTech is related to or competes with Veralto, Federal Signal, Zurn Elkay, and Atmus Filtration. Delta CleanTech Inc. engages in the CO2 capture, hydrogen production, solvent and ethanol purification, methane collecti... More
Delta CleanTech 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 Delta CleanTech'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 Delta CleanTech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.73 | |||
| Information Ratio | 0.108 | |||
| Maximum Drawdown | 130.03 | |||
| Value At Risk | (23.98) | |||
| Potential Upside | 35.5 |
Delta CleanTech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delta CleanTech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delta CleanTech's standard deviation. In reality, there are many statistical measures that can use Delta CleanTech historical prices to predict the future Delta CleanTech's volatility.| Risk Adjusted Performance | 0.0787 | |||
| Jensen Alpha | 2.13 | |||
| Total Risk Alpha | 1.01 | |||
| Sortino Ratio | 0.1156 | |||
| Treynor Ratio | (1.49) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Delta CleanTech'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.
Delta CleanTech Backtested Returns
Delta CleanTech is out of control given 3 months investment horizon. Delta CleanTech secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.16% are justified by taking the suggested risk. Use Delta CleanTech Downside Deviation of 17.73, mean deviation of 10.4, and Coefficient Of Variation of 905.65 to evaluate company specific risk that cannot be diversified away. Delta CleanTech holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.4, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Delta CleanTech are expected to decrease by larger amounts. On the other hand, during market turmoil, Delta CleanTech is expected to outperform it. Use Delta CleanTech total risk alpha, expected short fall, period momentum indicator, as well as the relationship between the value at risk and rate of daily change , to analyze future returns on Delta CleanTech.
Auto-correlation | -0.52 |
Good reverse predictability
Delta CleanTech has good reverse predictability. Overlapping area represents the amount of predictability between Delta CleanTech 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 Delta CleanTech price movement. The serial correlation of -0.52 indicates that about 52.0% of current Delta CleanTech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Delta CleanTech lagged returns against current returns
Autocorrelation, which is Delta CleanTech 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 Delta CleanTech's pink sheet expected returns. We can calculate the autocorrelation of Delta CleanTech returns to help us make a trade decision. For example, suppose you find that Delta CleanTech 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 |
Delta CleanTech 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 Delta CleanTech pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delta CleanTech pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delta CleanTech pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Delta CleanTech Lagged Returns
When evaluating Delta CleanTech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delta CleanTech pink sheet have on its future price. Delta CleanTech 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, Delta CleanTech autocorrelation shows the relationship between Delta CleanTech pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Delta CleanTech.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Delta CleanTech Correlation, Delta CleanTech Volatility and Delta CleanTech Alpha and Beta module to complement your research on Delta CleanTech. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Delta Pink Sheet analysis
When running Delta CleanTech's price analysis, check to measure Delta CleanTech'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 Delta CleanTech is operating at the current time. Most of Delta CleanTech's value examination focuses on studying past and present price action to predict the probability of Delta CleanTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta CleanTech's price. Additionally, you may evaluate how the addition of Delta CleanTech to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |
Delta CleanTech 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.