Char Technologies Stock Market Value

YES Stock  CAD 0.40  0.01  2.44%   
CHAR Technologies' market value is the price at which a share of CHAR Technologies stock trades on a public exchange. It measures the collective expectations of CHAR Technologies investors about the entity's future performance. 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.
Symbol

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.
0.00
01/23/2024
No Change 0.00  0.0 
In 30 days
02/22/2024
0.00
If you would invest  0.00  in CHAR Technologies on January 23, 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 Apple, Berkshire Hathaway, Alphabet CDR, Microsoft Corp, JPMorgan Chase, Amazon CDR, and Bank Of America. 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, frequently view 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. Please use the tools below to analyze the current value of CHAR Technologies in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.020.405.07
Details
Intrinsic
Valuation
LowRealHigh
0.020.355.02
Details
Naive
Forecast
LowNextHigh
0.010.395.07
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.02-0.02-0.02
Details
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

We consider CHAR Technologies out of control. CHAR Technologies retains Efficiency (Sharpe Ratio) of 0.0059, which signifies that the company had 0.0059% return per unit of risk over the last 3 months. Our approach to foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-three technical indicators for CHAR Technologies, which you can use to evaluate the future volatility of the firm. Please confirm CHAR Technologies' market risk adjusted performance of (0.09), and Variance of 21.44 to double-check if the risk estimate we provide is consistent with the expected return of 0.0278%. The firm owns a Beta (Systematic Risk) of 1.17, which signifies 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, CHAR Technologies will likely underperform. Although it is important to respect CHAR Technologies existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. CHAR Technologies at this moment owns a risk of 4.71%. Please confirm CHAR Technologies treynor ratio and the relationship between the skewness and price action indicator to decide if CHAR Technologies will be following its current price history.

Auto-correlation

    
  0.46  

Average predictability

CHAR Technologies has average predictability. Overlapping area represents the amount of predictability between CHAR Technologies time series from 23rd of January 2024 to 7th of February 2024 and 7th of February 2024 to 22nd of February 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 0.46 indicates that about 46.0% of current CHAR Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient0.46
Spearman Rank Test0.43
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 stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

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   
       Timeline  

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   
       Timeline  

Also Currently Popular

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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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...