Tecogen Stock Market Value
| TGEN Stock | USD 8.50 0.15 1.80% |
| Symbol | Tecogen |
Tecogen '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 Tecogen'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 Tecogen.
| 04/27/2025 |
| 07/26/2025 |
If you would invest 0.00 in Tecogen on April 27, 2025 and sell it all today you would earn a total of 0.00 from holding Tecogen or generate 0.0% return on investment in Tecogen over 90 days. Tecogen is related to or competes with Legrand SA, AFC Energy, Genenta Science, XOMA Corp, and Vera Bradley. Tecogen Inc. designs, manufactures, markets, and maintains industrial and commercial cogeneration systems for residentia... More
Tecogen 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 Tecogen'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 Tecogen upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.61 | |||
| Information Ratio | 0.2665 | |||
| Maximum Drawdown | 44.69 | |||
| Value At Risk | (8.03) | |||
| Potential Upside | 21.04 |
Tecogen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tecogen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tecogen's standard deviation. In reality, there are many statistical measures that can use Tecogen historical prices to predict the future Tecogen's volatility.| Risk Adjusted Performance | 0.2338 | |||
| Jensen Alpha | 2.16 | |||
| Total Risk Alpha | 0.2851 | |||
| Sortino Ratio | 0.4313 | |||
| Treynor Ratio | 1.14 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tecogen'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.
Tecogen Backtested Returns
Tecogen is risky given 3 months investment horizon. Tecogen owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27 % return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.53% are justified by taking the suggested risk. Use Tecogen Risk Adjusted Performance of 0.2338, coefficient of variation of 345.32, and Semi Deviation of 4.72 to evaluate company specific risk that cannot be diversified away. Tecogen holds a performance score of 21 on a scale of zero to a hundred. The entity has a beta of 2.3, which indicates 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, Tecogen will likely underperform. Use Tecogen potential upside, and the relationship between the total risk alpha and kurtosis , to analyze future returns on Tecogen.
Auto-correlation | 0.63 |
Good predictability
Tecogen has good predictability. Overlapping area represents the amount of predictability between Tecogen time series from 27th of April 2025 to 11th of June 2025 and 11th of June 2025 to 26th 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 Tecogen price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Tecogen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.96 |
Tecogen lagged returns against current returns
Autocorrelation, which is Tecogen 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 Tecogen's otc stock expected returns. We can calculate the autocorrelation of Tecogen returns to help us make a trade decision. For example, suppose you find that Tecogen 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 |
Tecogen 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 Tecogen otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tecogen otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tecogen otc stock over time.
Current vs Lagged Prices |
| Timeline |
Tecogen Lagged Returns
When evaluating Tecogen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tecogen otc stock have on its future price. Tecogen 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, Tecogen autocorrelation shows the relationship between Tecogen otc stock current value and its past values and can show if there is a momentum factor associated with investing in Tecogen.
Regressed Prices |
| Timeline |
Pair Trading with Tecogen
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 Tecogen 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 Tecogen will appreciate offsetting losses from the drop in the long position's value.Moving together with Tecogen OTC Stock
| 0.84 | BE | Bloom Energy Corp Earnings Call This Week | PairCorr |
| 0.82 | ELVA | Electrovaya Common Shares | PairCorr |
| 0.78 | ENVX | Enovix Corp Earnings Call This Week | PairCorr |
Moving against Tecogen OTC Stock
| 0.74 | ADSEW | ADS TEC ENERGY | PairCorr |
| 0.53 | GWH | ESS Tech | PairCorr |
| 0.49 | SDSTW | Stardust Power | PairCorr |
| 0.42 | LNKS | Linkers Industries | PairCorr |
| 0.35 | ADN | Advent Technologies | PairCorr |
The ability to find closely correlated positions to Tecogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tecogen 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 Tecogen - 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 Tecogen to buy it.
The correlation of Tecogen 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 Tecogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tecogen 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 Tecogen 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.Other Information on Investing in Tecogen OTC Stock
Tecogen financial ratios help investors to determine whether Tecogen OTC Stock 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 Tecogen with respect to the benefits of owning Tecogen security.