Alpha Wastewater Stock Market Value
| AWWI Stock | USD 0.0008 0.00 0.00% |
| Symbol | Alpha |
Alpha Wastewater '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 Alpha Wastewater'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 Alpha Wastewater.
| 07/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in Alpha Wastewater on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding Alpha Wastewater or generate 0.0% return on investment in Alpha Wastewater over 510 days. Alpha Wastewater, Inc., an environmental management, manufacturing, and technology company, focuses on wastewater treatm... More
Alpha Wastewater 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 Alpha Wastewater'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 Alpha Wastewater upside and downside potential and time the market with a certain degree of confidence.
Alpha Wastewater Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Wastewater's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alpha Wastewater's standard deviation. In reality, there are many statistical measures that can use Alpha Wastewater historical prices to predict the future Alpha Wastewater's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alpha Wastewater'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.
Alpha Wastewater Backtested Returns
We have found three technical indicators for Alpha Wastewater, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Alpha Wastewater are completely uncorrelated.
Auto-correlation | -0.22 |
Weak reverse predictability
Alpha Wastewater has weak reverse predictability. Overlapping area represents the amount of predictability between Alpha Wastewater time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th of December 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 Alpha Wastewater price movement. The serial correlation of -0.22 indicates that over 22.0% of current Alpha Wastewater price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alpha Wastewater lagged returns against current returns
Autocorrelation, which is Alpha Wastewater 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 Alpha Wastewater's pink sheet expected returns. We can calculate the autocorrelation of Alpha Wastewater returns to help us make a trade decision. For example, suppose you find that Alpha Wastewater 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 |
Alpha Wastewater 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 Alpha Wastewater pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpha Wastewater pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alpha Wastewater pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Alpha Wastewater Lagged Returns
When evaluating Alpha Wastewater's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alpha Wastewater pink sheet have on its future price. Alpha Wastewater 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, Alpha Wastewater autocorrelation shows the relationship between Alpha Wastewater pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Alpha Wastewater.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Alpha Pink Sheet
Alpha Wastewater financial ratios help investors to determine whether Alpha Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alpha with respect to the benefits of owning Alpha Wastewater security.