Eurosite Power Stock Market Value
| EUSP Stock | USD 0.01 0.03 75.00% |
| Symbol | EuroSite |
EuroSite Power '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 EuroSite Power'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 EuroSite Power.
| 04/29/2025 |
| 07/28/2025 |
If you would invest 0.00 in EuroSite Power on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding EuroSite Power or generate 0.0% return on investment in EuroSite Power over 90 days. EuroSite Power is related to or competes with American Electric, FirstEnergy, Entergy, Southern, and Xcel Energy. EuroSite Power Inc., owns, operates, and distributes on-site energy systems in the United Kingdom and Europe More
EuroSite Power 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 EuroSite Power'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 EuroSite Power upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 100.0 |
EuroSite Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EuroSite Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EuroSite Power's standard deviation. In reality, there are many statistical measures that can use EuroSite Power historical prices to predict the future EuroSite Power's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (1.33) | |||
| Total Risk Alpha | (3.78) | |||
| Treynor Ratio | (0.59) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EuroSite Power'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.
EuroSite Power Backtested Returns
EuroSite Power secures Sharpe Ratio (or Efficiency) of -0.0939, which denotes the company had a -0.0939 % return per unit of risk over the last 3 months. EuroSite Power exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EuroSite Power's Variance of 117.09, mean deviation of 3.4, and Standard Deviation of 10.82 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.68, which means 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, EuroSite Power will likely underperform. At this point, EuroSite Power has a negative expected return of -1.05%. Please make sure to confirm EuroSite Power's information ratio and rate of daily change , to decide if EuroSite Power performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
EuroSite Power has below average predictability. Overlapping area represents the amount of predictability between EuroSite Power time series from 29th of April 2025 to 13th of June 2025 and 13th of June 2025 to 28th 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 EuroSite Power price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current EuroSite Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EuroSite Power lagged returns against current returns
Autocorrelation, which is EuroSite Power 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 EuroSite Power's pink sheet expected returns. We can calculate the autocorrelation of EuroSite Power returns to help us make a trade decision. For example, suppose you find that EuroSite Power 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 |
EuroSite Power 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 EuroSite Power pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EuroSite Power pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EuroSite Power pink sheet over time.
Current vs Lagged Prices |
| Timeline |
EuroSite Power Lagged Returns
When evaluating EuroSite Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EuroSite Power pink sheet have on its future price. EuroSite Power 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, EuroSite Power autocorrelation shows the relationship between EuroSite Power pink sheet current value and its past values and can show if there is a momentum factor associated with investing in EuroSite Power.
Regressed Prices |
| Timeline |
Pair Trading with EuroSite Power
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EuroSite Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EuroSite Power will appreciate offsetting losses from the drop in the long position's value.Moving against EuroSite Pink Sheet
| 0.71 | TLN | Talen Energy | PairCorr |
| 0.66 | PTC | PTC Inc Earnings Call This Week | PairCorr |
| 0.56 | SOJC | Southern | PairCorr |
| 0.55 | MHO | MI Homes Earnings Call Today | PairCorr |
| 0.54 | CMSA | CMS Energy Corp | PairCorr |
The ability to find closely correlated positions to EuroSite Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EuroSite Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EuroSite Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EuroSite Power to buy it.
The correlation of EuroSite Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EuroSite Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EuroSite Power moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EuroSite Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for EuroSite Pink Sheet Analysis
When running EuroSite Power's price analysis, check to measure EuroSite Power'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 EuroSite Power is operating at the current time. Most of EuroSite Power's value examination focuses on studying past and present price action to predict the probability of EuroSite Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EuroSite Power's price. Additionally, you may evaluate how the addition of EuroSite Power to your portfolios can decrease your overall portfolio volatility.