Empower Clinics Stock Market Value
| EPWCF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Empower |
Empower Clinics '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 Empower Clinics' 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 Empower Clinics.
| 01/21/2023 |
| 01/10/2025 |
If you would invest 0.00 in Empower Clinics on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding Empower Clinics or generate 0.0% return on investment in Empower Clinics over 720 days. Empower Clinics is related to or competes with Aveanna Healthcare, and P3 Health. Empower Clinics Inc., an integrated healthcare company, provides body and mind wellness services for patients through di... More
Empower Clinics 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 Empower Clinics' 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 Empower Clinics upside and downside potential and time the market with a certain degree of confidence.
Empower Clinics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Empower Clinics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Empower Clinics' standard deviation. In reality, there are many statistical measures that can use Empower Clinics historical prices to predict the future Empower Clinics' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Empower Clinics' 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.
Empower Clinics Backtested Returns
We have found three technical indicators for Empower Clinics, 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 Empower Clinics are completely uncorrelated.
Auto-correlation | 0.05 |
Virtually no predictability
Empower Clinics has virtually no predictability. Overlapping area represents the amount of predictability between Empower Clinics time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th 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 Empower Clinics price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Empower Clinics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Empower Clinics lagged returns against current returns
Autocorrelation, which is Empower Clinics 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 Empower Clinics' otc stock expected returns. We can calculate the autocorrelation of Empower Clinics returns to help us make a trade decision. For example, suppose you find that Empower Clinics 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 |
Empower Clinics 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 Empower Clinics otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Empower Clinics otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Empower Clinics otc stock over time.
Current vs Lagged Prices |
| Timeline |
Empower Clinics Lagged Returns
When evaluating Empower Clinics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Empower Clinics otc stock have on its future price. Empower Clinics 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, Empower Clinics autocorrelation shows the relationship between Empower Clinics otc stock current value and its past values and can show if there is a momentum factor associated with investing in Empower Clinics.
Regressed Prices |
| Timeline |
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Other Information on Investing in Empower OTC Stock
Empower Clinics financial ratios help investors to determine whether Empower 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 Empower with respect to the benefits of owning Empower Clinics security.