808 Renewable Energy Stock Market Value
| RNWR Stock | USD 0.0001 0.00 0.00% |
| Symbol | 808 |
808 Renewable '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 808 Renewable'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 808 Renewable.
| 03/31/2024 |
| 04/30/2024 |
If you would invest 0.00 in 808 Renewable on March 31, 2024 and sell it all today you would earn a total of 0.00 from holding 808 Renewable Energy or generate 0.0% return on investment in 808 Renewable over 30 days. 808 Renewable is related to or competes with Bonterra Energy, Melcor Developments, Itafos, Morningstar Unconstrained, Thrivent High, High Yield, and Via Renewables. 808 Renewable Energy Corporation, through its subsidiaries, engages in the design, development, manufacture, distributio... More
808 Renewable 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 808 Renewable'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 808 Renewable Energy upside and downside potential and time the market with a certain degree of confidence.
808 Renewable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 808 Renewable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 808 Renewable's standard deviation. In reality, there are many statistical measures that can use 808 Renewable historical prices to predict the future 808 Renewable's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 808 Renewable'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.
808 Renewable Energy Backtested Returns
We have found three technical indicators for 808 Renewable, which you can use to evaluate the volatility of the entity. The firm owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and 808 Renewable are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
808 Renewable Energy has no correlation between past and present. Overlapping area represents the amount of predictability between 808 Renewable time series from 31st of March 2024 to 15th of April 2024 and 15th of April 2024 to 30th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 808 Renewable Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current 808 Renewable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
808 Renewable Energy lagged returns against current returns
Autocorrelation, which is 808 Renewable 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 808 Renewable's pink sheet expected returns. We can calculate the autocorrelation of 808 Renewable returns to help us make a trade decision. For example, suppose you find that 808 Renewable 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 |
808 Renewable 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 808 Renewable pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 808 Renewable pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 808 Renewable pink sheet over time.
Current vs Lagged Prices |
| Timeline |
808 Renewable Lagged Returns
When evaluating 808 Renewable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 808 Renewable pink sheet have on its future price. 808 Renewable 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, 808 Renewable autocorrelation shows the relationship between 808 Renewable pink sheet current value and its past values and can show if there is a momentum factor associated with investing in 808 Renewable Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out 808 Renewable Correlation, 808 Renewable Volatility and 808 Renewable Alpha and Beta module to complement your research on 808 Renewable. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for 808 Pink Sheet analysis
When running 808 Renewable's price analysis, check to measure 808 Renewable'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 808 Renewable is operating at the current time. Most of 808 Renewable's value examination focuses on studying past and present price action to predict the probability of 808 Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 808 Renewable's price. Additionally, you may evaluate how the addition of 808 Renewable to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
808 Renewable technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.