Char Technologies Stock Market Value

YES Stock  CAD 0.38  0.02  5.00%   
CHAR Technologies' market value is the price at which a share of CHAR Technologies trades on a public exchange. It measures the collective expectations of CHAR Technologies investors about its performance. CHAR Technologies is selling for under 0.38 as of the 23rd of April 2024; that is -5 percent down since the beginning of the trading day. The stock's lowest day price was 0.38.
With this module, you can estimate the performance of a buy and hold strategy of CHAR Technologies and determine expected loss or profit from investing in CHAR Technologies over a given investment horizon. Check out CHAR Technologies Correlation, CHAR Technologies Volatility and CHAR Technologies Alpha and Beta module to complement your research on CHAR Technologies.

CHAR Technologies Price To Book Ratio

Please note, there is a significant difference between CHAR Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if CHAR Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHAR Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

CHAR 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 CHAR Technologies' stock 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 CHAR Technologies.
No Change 0.00  0.0 
In 31 days
If you would invest  0.00  in CHAR Technologies on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding CHAR Technologies or generate 0.0% return on investment in CHAR Technologies over 30 days. CHAR Technologies is related to or competes with BluMetric Environmental, and Thermal Energy. CHAR Technologies Ltd., a technology company, commercializes and sells hydrogen sulfide recovery system to solve the pro... More

CHAR 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 CHAR Technologies' stock 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 CHAR Technologies upside and downside potential and time the market with a certain degree of confidence.

CHAR Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CHAR Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHAR Technologies' standard deviation. In reality, there are many statistical measures that can use CHAR Technologies historical prices to predict the future CHAR Technologies' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CHAR 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.
Estimates (0)
LowProjected EPSHigh
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CHAR Technologies. Your research has to be compared to or analyzed against CHAR Technologies' peers to derive any actionable benefits. When done correctly, CHAR Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CHAR Technologies.

CHAR Technologies Backtested Returns

CHAR Technologies retains Efficiency (Sharpe Ratio) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last month. CHAR Technologies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CHAR Technologies' market risk adjusted performance of 0.3179, and Variance of 14.74 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -1.54, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CHAR Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, CHAR Technologies is expected to outperform it. CHAR Technologies has an expected return of -0.42%. Please make sure to confirm CHAR Technologies total risk alpha and the relationship between the skewness and period momentum indicator , to decide if CHAR Technologies performance from the past will be repeated at some future date.



No correlation between past and present

CHAR Technologies has no correlation between past and present. Overlapping area represents the amount of predictability between CHAR 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 CHAR Technologies price movement. The serial correlation of 0.0 indicates that just 0.0% of current CHAR Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test-0.3
Residual Average0.0
Price Variance0.0

CHAR Technologies lagged returns against current returns

Autocorrelation, which is CHAR Technologies stock'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 CHAR Technologies' stock expected returns. We can calculate the autocorrelation of CHAR Technologies returns to help us make a trade decision. For example, suppose you find that CHAR Technologies has exhibited high autocorrelation historically, and you observe that the stock 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   

CHAR 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 CHAR Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHAR Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHAR Technologies stock over time.
   Current vs Lagged Prices   

CHAR Technologies Lagged Returns

When evaluating CHAR Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHAR Technologies stock have on its future price. CHAR 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, CHAR Technologies autocorrelation shows the relationship between CHAR Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in CHAR Technologies.
   Regressed Prices   

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out CHAR Technologies Correlation, CHAR Technologies Volatility and CHAR Technologies Alpha and Beta module to complement your research on CHAR Technologies.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for CHAR Stock analysis

When running CHAR Technologies' price analysis, check to measure CHAR 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 CHAR Technologies is operating at the current time. Most of CHAR Technologies' value examination focuses on studying past and present price action to predict the probability of CHAR Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHAR Technologies' price. Additionally, you may evaluate how the addition of CHAR Technologies to your portfolios can decrease your overall portfolio volatility.
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CHAR Technologies technical stock 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, stock market cycles, or different charting patterns.
A focus of CHAR Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CHAR Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...