Eq Energy Drink Stock Market Value
| EQLB Stock | USD 0.0009 0.0003 50.00% |
| Symbol | EQLB |
Eq Energy '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 Eq Energy'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 Eq Energy.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Eq Energy on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Eq Energy Drink or generate 0.0% return on investment in Eq Energy over 30 days. Eq Energy is related to or competes with National Beverage, Celsius Holdings, Monster Beverage, Coca Cola, Keurig Dr, Vita Coco, and PepsiCo. EQ Energy Drink, Inc. manufactures and distributes energy drink products More
Eq Energy 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 Eq Energy'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 Eq Energy Drink upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 26.18 | |||
| Information Ratio | 0.1284 | |||
| Maximum Drawdown | 160.0 | |||
| Value At Risk | (30.00) | |||
| Potential Upside | 66.67 |
Eq Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eq Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eq Energy's standard deviation. In reality, there are many statistical measures that can use Eq Energy historical prices to predict the future Eq Energy's volatility.| Risk Adjusted Performance | 0.0908 | |||
| Jensen Alpha | 2.87 | |||
| Total Risk Alpha | 0.9259 | |||
| Sortino Ratio | 0.1266 | |||
| Treynor Ratio | 0.3948 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eq Energy'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.
Eq Energy Drink Backtested Returns
Eq Energy is out of control given 3 months investment horizon. Eq Energy Drink retains Efficiency (Sharpe Ratio) of 0.15, which denotes the company had a 0.15% return per unit of price deviation over the last 3 months. We were able to break down and interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 3.92% are justified by taking the suggested risk. Use Eq Energy Drink Downside Deviation of 26.18, standard deviation of 25.79, and Market Risk Adjusted Performance of 0.4048 to evaluate company specific risk that cannot be diversified away. Eq Energy holds a performance score of 11 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 8.54, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eq Energy will likely underperform. Use Eq Energy Drink sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to analyze future returns on Eq Energy Drink.
Auto-correlation | 0.09 |
Virtually no predictability
Eq Energy Drink has virtually no predictability. Overlapping area represents the amount of predictability between Eq Energy time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Eq Energy Drink price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Eq Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Eq Energy Drink lagged returns against current returns
Autocorrelation, which is Eq Energy 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 Eq Energy's pink sheet expected returns. We can calculate the autocorrelation of Eq Energy returns to help us make a trade decision. For example, suppose you find that Eq Energy 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 |
Eq Energy 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 Eq Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eq Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eq Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Eq Energy Lagged Returns
When evaluating Eq Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eq Energy pink sheet have on its future price. Eq Energy 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, Eq Energy autocorrelation shows the relationship between Eq Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Eq Energy Drink.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eq Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eq Energy's short interest history, or implied volatility extrapolated from Eq Energy options trading.
Pair Trading with Eq Energy
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 Eq Energy 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 Eq Energy will appreciate offsetting losses from the drop in the long position's value.Moving against EQLB Pink Sheet
| 0.52 | YKLTY | Yakult Honsha | PairCorr |
| 0.51 | NNFSF | Nongfu Spring | PairCorr |
The ability to find closely correlated positions to Eq Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eq Energy 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 Eq Energy - 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 Eq Energy Drink to buy it.
The correlation of Eq Energy 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 Eq Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eq Energy Drink 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 Eq Energy 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 Eq Energy Correlation, Eq Energy Volatility and Eq Energy Alpha and Beta module to complement your research on Eq Energy. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for EQLB Pink Sheet analysis
When running Eq Energy's price analysis, check to measure Eq Energy'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 Eq Energy is operating at the current time. Most of Eq Energy's value examination focuses on studying past and present price action to predict the probability of Eq Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eq Energy's price. Additionally, you may evaluate how the addition of Eq Energy to your portfolios can decrease your overall portfolio volatility.
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Eq Energy 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.