Bitech Technologies Stock Market Value
BTTC Stock | USD 4.81 0.49 11.34% |
Symbol | Bitech |
Bitech 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 Bitech Technologies' otc 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 Bitech Technologies.
12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Bitech Technologies on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Bitech Technologies or generate 0.0% return on investment in Bitech Technologies over 90 days. Bitech Technologies is related to or competes with Agent Information, BASE, Computer Modelling, Blackline Safety, RenoWorks Software, 01 Communique, and LifeSpeak. Bitech Technologies Corporation provides a suite of revolutionary electrical power generation technologies to the crypto... More
Bitech 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 Bitech Technologies' otc 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 Bitech Technologies upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0) | |||
Maximum Drawdown | 86.28 | |||
Value At Risk | (13.42) | |||
Potential Upside | 17.65 |
Bitech Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bitech Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bitech Technologies' standard deviation. In reality, there are many statistical measures that can use Bitech Technologies historical prices to predict the future Bitech Technologies' volatility.Risk Adjusted Performance | (0) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | 1.94 | |||
Treynor Ratio | 0.3064 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bitech 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.
Bitech Technologies Backtested Returns
Bitech Technologies secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. Bitech Technologies exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bitech Technologies' Mean Deviation of 6.22, standard deviation of 12.55, and insignificant Risk Adjusted Performance to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bitech Technologies are expected to decrease at a much lower rate. During the bear market, Bitech Technologies is likely to outperform the market. At this point, Bitech Technologies has a negative expected return of -0.0747%. Please make sure to confirm Bitech Technologies' jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Bitech Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.48 |
Modest reverse predictability
Bitech Technologies has modest reverse predictability. Overlapping area represents the amount of predictability between Bitech Technologies time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bitech Technologies price movement. The serial correlation of -0.48 indicates that about 48.0% of current Bitech Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.48 | |
Spearman Rank Test | -0.02 | |
Residual Average | 0.0 | |
Price Variance | 4.76 |
Bitech Technologies lagged returns against current returns
Autocorrelation, which is Bitech Technologies otc 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 Bitech Technologies' otc stock expected returns. We can calculate the autocorrelation of Bitech Technologies returns to help us make a trade decision. For example, suppose you find that Bitech Technologies has exhibited high autocorrelation historically, and you observe that the otc 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 |
Timeline |
Bitech 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 Bitech Technologies otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bitech Technologies otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bitech Technologies otc stock over time.
Current vs Lagged Prices |
Timeline |
Bitech Technologies Lagged Returns
When evaluating Bitech Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bitech Technologies otc stock have on its future price. Bitech 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, Bitech Technologies autocorrelation shows the relationship between Bitech Technologies otc stock current value and its past values and can show if there is a momentum factor associated with investing in Bitech 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.Other Information on Investing in Bitech OTC Stock
Bitech Technologies financial ratios help investors to determine whether Bitech OTC Stock 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 Bitech with respect to the benefits of owning Bitech Technologies security.