Energtek Stock Market Value
| EGTK Stock | USD 0.0001 0.00 0.00% |
| Symbol | Energtek |
Energtek '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 Energtek'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 Energtek.
| 01/19/2023 |
| 01/08/2025 |
If you would invest 0.00 in Energtek on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding Energtek or generate 0.0% return on investment in Energtek over 720 days. Energtek is related to or competes with Luminar Technologies, Mobileye Global, Hyliion Holdings, Aeva Technologies, and Innoviz Technologies. Energtek, Inc., together with its subsidiaries, provides natural gas delivery solutions based on mobile pipe-less techno... More
Energtek 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 Energtek'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 Energtek upside and downside potential and time the market with a certain degree of confidence.
Energtek Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energtek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energtek's standard deviation. In reality, there are many statistical measures that can use Energtek historical prices to predict the future Energtek's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Energtek'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.
Energtek Backtested Returns
We have found three technical indicators for Energtek, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Energtek are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Energtek has no correlation between past and present. Overlapping area represents the amount of predictability between Energtek time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th of January 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 Energtek price movement. The serial correlation of 0.0 indicates that just 0.0% of current Energtek price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Energtek lagged returns against current returns
Autocorrelation, which is Energtek 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 Energtek's pink sheet expected returns. We can calculate the autocorrelation of Energtek returns to help us make a trade decision. For example, suppose you find that Energtek 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 |
Energtek 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 Energtek pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energtek pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energtek pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Energtek Lagged Returns
When evaluating Energtek's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energtek pink sheet have on its future price. Energtek 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, Energtek autocorrelation shows the relationship between Energtek pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Energtek.
Regressed Prices |
| Timeline |
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Energtek financial ratios help investors to determine whether Energtek 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 Energtek with respect to the benefits of owning Energtek security.