Eau Technologies Stock Market Value
| EAUI Stock | USD 0.0001 0.00 0.00% |
| Symbol | EAU |
EAU Technologies '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 EAU Technologies' 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 EAU Technologies.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in EAU Technologies on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding EAU Technologies or generate 0.0% return on investment in EAU Technologies over 30 days. EAU Technologies is related to or competes with Veralto, Zurn Elkay, Federal Signal, and Atmus Filtration. EAU Technologies, Inc. develops, manufactures, and markets equipment that uses water electrolysis to create non-toxic cl... More
EAU Technologies 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 EAU Technologies' 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 EAU Technologies upside and downside potential and time the market with a certain degree of confidence.
EAU Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EAU Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EAU Technologies' standard deviation. In reality, there are many statistical measures that can use EAU Technologies historical prices to predict the future EAU Technologies' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EAU Technologies' 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.
EAU Technologies Backtested Returns
We have found three technical indicators for EAU Technologies, which you can use to evaluate the volatility of the entity. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and EAU Technologies are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
EAU Technologies has no correlation between past and present. Overlapping area represents the amount of predictability between EAU Technologies time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 EAU Technologies price movement. The serial correlation of 0.0 indicates that just 0.0% of current EAU Technologies 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 |
EAU Technologies lagged returns against current returns
Autocorrelation, which is EAU Technologies 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 EAU Technologies' pink sheet expected returns. We can calculate the autocorrelation of EAU Technologies returns to help us make a trade decision. For example, suppose you find that EAU Technologies 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 |
EAU Technologies 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 EAU Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EAU Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EAU Technologies pink sheet over time.
Current vs Lagged Prices |
| Timeline |
EAU Technologies Lagged Returns
When evaluating EAU Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EAU Technologies pink sheet have on its future price. EAU Technologies 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, EAU Technologies autocorrelation shows the relationship between EAU Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in EAU Technologies.
Regressed Prices |
| Timeline |
Pair Trading with EAU Technologies
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 EAU Technologies 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 EAU Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against EAU Pink Sheet
| 1.0 | CCVTF | China Conch Venture | PairCorr |
The ability to find closely correlated positions to EAU Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EAU Technologies 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 EAU Technologies - 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 EAU Technologies to buy it.
The correlation of EAU Technologies 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 EAU Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EAU Technologies 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 EAU Technologies 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 EAU Technologies Correlation, EAU Technologies Volatility and EAU Technologies Alpha and Beta module to complement your research on EAU Technologies. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for EAU Pink Sheet analysis
When running EAU Technologies' price analysis, check to measure EAU Technologies' 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 EAU Technologies is operating at the current time. Most of EAU Technologies' value examination focuses on studying past and present price action to predict the probability of EAU Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EAU Technologies' price. Additionally, you may evaluate how the addition of EAU Technologies to your portfolios can decrease your overall portfolio volatility.
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EAU Technologies 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.