ACCO Brands (Germany) Market Value
| A3B Stock | EUR 5.85 0.30 5.41% |
| Symbol | ACCO |
ACCO Brands '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 ACCO Brands' 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 ACCO Brands.
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in ACCO Brands on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding ACCO Brands or generate 0.0% return on investment in ACCO Brands over 120 days. ACCO Brands is related to or competes with SCOTT TECHNOLOGY, X-FAB Silicon, Hitachi Construction, DXC Technology, TITAN MACHINERY, Microchip Technology, and Amkor Technology. ACCO Brands Corporation designs, manufactures, and markets consumer and business products More
ACCO Brands 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 ACCO Brands' 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 ACCO Brands upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.0901 | |||
| Maximum Drawdown | 10.93 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 5.47 |
ACCO Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACCO Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACCO Brands' standard deviation. In reality, there are many statistical measures that can use ACCO Brands historical prices to predict the future ACCO Brands' volatility.| Risk Adjusted Performance | 0.1133 | |||
| Jensen Alpha | 0.1696 | |||
| Total Risk Alpha | (0.0002) | |||
| Sortino Ratio | 0.1132 | |||
| Treynor Ratio | 0.229 |
ACCO Brands Backtested Returns
ACCO Brands appears to be somewhat reliable, given 3 months investment horizon. ACCO Brands retains Efficiency (Sharpe Ratio) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ACCO Brands, which you can use to evaluate the volatility of the entity. Please makes use of ACCO Brands' coefficient of variation of 715.59, and Market Risk Adjusted Performance of 0.239 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ACCO Brands holds a performance score of 13. The firm owns a Beta (Systematic Risk) of 1.35, which signifies 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, ACCO Brands will likely underperform. Please check ACCO Brands' market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether ACCO Brands' current price history will revert.
Auto-correlation | 0.28 |
Poor predictability
ACCO Brands has poor predictability. Overlapping area represents the amount of predictability between ACCO Brands time series from 6th of August 2024 to 5th of October 2024 and 5th of October 2024 to 4th of December 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 ACCO Brands price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current ACCO Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
ACCO Brands lagged returns against current returns
Autocorrelation, which is ACCO Brands 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 ACCO Brands' stock expected returns. We can calculate the autocorrelation of ACCO Brands returns to help us make a trade decision. For example, suppose you find that ACCO Brands has exhibited high autocorrelation historically, and you observe that the 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 |
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ACCO Brands 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 ACCO Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACCO Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACCO Brands stock over time.
Current vs Lagged Prices |
| Timeline |
ACCO Brands Lagged Returns
When evaluating ACCO Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACCO Brands stock have on its future price. ACCO Brands 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, ACCO Brands autocorrelation shows the relationship between ACCO Brands stock current value and its past values and can show if there is a momentum factor associated with investing in ACCO Brands.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in ACCO Stock
When determining whether ACCO Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACCO Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acco Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acco Brands Stock:Check out ACCO Brands Correlation, ACCO Brands Volatility and ACCO Brands Alpha and Beta module to complement your research on ACCO Brands. For more detail on how to invest in ACCO Stock please use our How to Invest in ACCO Brands guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
ACCO Brands technical stock 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, stock market cycles, or different charting patterns.