White River Energy Stock Market Value
White River's market value is the price at which a share of White River trades on a public exchange. It measures the collective expectations of White River Energy investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of White River Energy and determine expected loss or profit from investing in White River over a given investment horizon. Check out White River Correlation, White River Volatility and White River Alpha and Beta module to complement your research on White River.
| Symbol | White |
White River '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 White River's 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 White River.
| 01/16/2023 |
| 01/05/2025 |
If you would invest 0.00 in White River on January 16, 2023 and sell it all today you would earn a total of 0.00 from holding White River Energy or generate 0.0% return on investment in White River over 720 days. White River is related to or competes with PetroShale, Enwell Energy, Gulf Keystone, Inpex Corp, Coelacanth Energy, and Saturn Oil. Fortium Holdings Corp. operates as a sports equipment and apparel manufacturer and retailer More
White River 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 White River's 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 White River Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 112.14 | |||
| Value At Risk | (10.00) |
White River Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for White River's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as White River's standard deviation. In reality, there are many statistical measures that can use White River historical prices to predict the future White River's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (3.56) | |||
| Total Risk Alpha | (3.81) | |||
| Treynor Ratio | (1.61) |
White River Energy Backtested Returns
White River Energy shows Sharpe Ratio of -0.19, which attests that the company had a -0.19% return per unit of risk over the last 3 months. White River Energy exposes fourteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out White River's Standard Deviation of 18.25, market risk adjusted performance of (1.60), and Mean Deviation of 7.21 to validate the risk estimate we provide. The firm maintains a market beta of 2.2, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, White River will likely underperform. At this point, White River Energy has a negative expected return of -3.52%. Please make sure to check out White River's variance and kurtosis , to decide if White River Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
White River Energy has insignificant reverse predictability. Overlapping area represents the amount of predictability between White River time series from 16th of January 2023 to 11th of January 2024 and 11th of January 2024 to 5th 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 White River Energy price movement. The serial correlation of -0.18 indicates that over 18.0% of current White River price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 1.25 |
White River Energy lagged returns against current returns
Autocorrelation, which is White River 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 White River's otc stock expected returns. We can calculate the autocorrelation of White River returns to help us make a trade decision. For example, suppose you find that White River 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 |
White River 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 White River otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if White River otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in White River otc stock over time.
Current vs Lagged Prices |
| Timeline |
White River Lagged Returns
When evaluating White River's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of White River otc stock have on its future price. White River 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, White River autocorrelation shows the relationship between White River otc stock current value and its past values and can show if there is a momentum factor associated with investing in White River Energy.
Regressed Prices |
| Timeline |
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Additional Tools for White OTC Stock Analysis
When running White River's price analysis, check to measure White River's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy White River is operating at the current time. Most of White River's value examination focuses on studying past and present price action to predict the probability of White River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move White River's price. Additionally, you may evaluate how the addition of White River to your portfolios can decrease your overall portfolio volatility.