Kiwetinohk Energy Corp Stock Market Value
| KWTEF Stock | USD 10.18 0.37 3.51% |
| Symbol | Kiwetinohk |
Kiwetinohk Energy '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 Kiwetinohk Energy'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 Kiwetinohk Energy.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Kiwetinohk Energy on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Kiwetinohk Energy Corp or generate 0.0% return on investment in Kiwetinohk Energy over 90 days. Kiwetinohk Energy is related to or competes with Eco (Atlantic), Kelt Exploration, Coelacanth Energy, Tamarack Valley, Spartan Delta, Yangarra Resources, and MEG Energy. Kiwetinohk Energy Corp., an energy transition company, engages in the development and production of natural gas in west-... More
Kiwetinohk Energy 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 Kiwetinohk Energy'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 Kiwetinohk Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0129 | |||
| Maximum Drawdown | 9.91 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.4762 |
Kiwetinohk Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kiwetinohk Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kiwetinohk Energy's standard deviation. In reality, there are many statistical measures that can use Kiwetinohk Energy historical prices to predict the future Kiwetinohk Energy's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.0743 | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kiwetinohk Energy'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.
Kiwetinohk Energy Corp Backtested Returns
Kiwetinohk Energy Corp has Sharpe Ratio of -0.0617, which conveys that the firm had a -0.0617 % return per unit of risk over the last 3 months. Kiwetinohk Energy exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kiwetinohk Energy's Mean Deviation of 0.4845, standard deviation of 1.33, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kiwetinohk Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kiwetinohk Energy is expected to be smaller as well. At this point, Kiwetinohk Energy Corp has a negative expected return of -0.0819%. Please make sure to verify Kiwetinohk Energy's treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Kiwetinohk Energy Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.87 |
Excellent reverse predictability
Kiwetinohk Energy Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Kiwetinohk Energy 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 Kiwetinohk Energy Corp price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current Kiwetinohk Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.87 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Kiwetinohk Energy Corp lagged returns against current returns
Autocorrelation, which is Kiwetinohk Energy 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 Kiwetinohk Energy's pink sheet expected returns. We can calculate the autocorrelation of Kiwetinohk Energy returns to help us make a trade decision. For example, suppose you find that Kiwetinohk Energy 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 |
Kiwetinohk Energy 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 Kiwetinohk Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kiwetinohk Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kiwetinohk Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kiwetinohk Energy Lagged Returns
When evaluating Kiwetinohk Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kiwetinohk Energy pink sheet have on its future price. Kiwetinohk Energy 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, Kiwetinohk Energy autocorrelation shows the relationship between Kiwetinohk Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kiwetinohk Energy Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kiwetinohk Pink Sheet
Kiwetinohk Energy financial ratios help investors to determine whether Kiwetinohk 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 Kiwetinohk with respect to the benefits of owning Kiwetinohk Energy security.