Current Water Technologies Stock Market Value
| ENPRF Stock | USD 0.01 0.00 0.00% |
| Symbol | Current |
Current Water '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 Current Water'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 Current Water.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Current Water on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Current Water Technologies or generate 0.0% return on investment in Current Water over 90 days. Current Water is related to or competes with Sun Pacific. Current Water Technologies Inc. develops environmental technologies in Canada, Australia, and the United States More
Current Water 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 Current Water'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 Current Water Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0707 | |||
| Maximum Drawdown | 406.74 |
Current Water Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Current Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Current Water's standard deviation. In reality, there are many statistical measures that can use Current Water historical prices to predict the future Current Water's volatility.| Risk Adjusted Performance | 0.0774 | |||
| Jensen Alpha | 4.18 | |||
| Total Risk Alpha | (4.71) | |||
| Treynor Ratio | (0.51) |
Current Water Techno Backtested Returns
Current Water is out of control given 3 months investment horizon. Current Water Techno secures Sharpe Ratio (or Efficiency) of 0.0767, which signifies that the company had a 0.0767 % return per unit of risk over the last 3 months. We were able to interpolate data for seventeen different technical indicators, which can help you to evaluate if expected returns of 3.31% are justified by taking the suggested risk. Use Current Water Mean Deviation of 9.9, risk adjusted performance of 0.0774, and Standard Deviation of 42.09 to evaluate company specific risk that cannot be diversified away. Current Water holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -6.14, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Current Water are expected to decrease by larger amounts. On the other hand, during market turmoil, Current Water is expected to outperform it. Use Current Water information ratio, kurtosis, as well as the relationship between the Kurtosis and relative strength index , to analyze future returns on Current Water.
Auto-correlation | 0.00 |
No correlation between past and present
Current Water Technologies has no correlation between past and present. Overlapping area represents the amount of predictability between Current Water time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 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 Current Water Techno price movement. The serial correlation of 0.0 indicates that just 0.0% of current Current Water price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Current Water Techno lagged returns against current returns
Autocorrelation, which is Current Water 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 Current Water's pink sheet expected returns. We can calculate the autocorrelation of Current Water returns to help us make a trade decision. For example, suppose you find that Current Water 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 |
Current Water 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 Current Water pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Current Water pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Current Water pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Current Water Lagged Returns
When evaluating Current Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Current Water pink sheet have on its future price. Current Water 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, Current Water autocorrelation shows the relationship between Current Water pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Current Water Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Current Pink Sheet
Current Water financial ratios help investors to determine whether Current 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 Current with respect to the benefits of owning Current Water security.