American Copper Development Stock Market Value
| ACDXF Stock | 0.03 0 12.00% |
| Symbol | American |
American Copper '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 American Copper'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 American Copper.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in American Copper on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding American Copper Development or generate 0.0% return on investment in American Copper over 30 days.
American Copper 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 American Copper'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 American Copper Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.93 | |||
| Information Ratio | 0.0604 | |||
| Maximum Drawdown | 108.27 | |||
| Value At Risk | (17.50) | |||
| Potential Upside | 26.67 |
American Copper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Copper's standard deviation. In reality, there are many statistical measures that can use American Copper historical prices to predict the future American Copper's volatility.| Risk Adjusted Performance | 0.0625 | |||
| Jensen Alpha | 0.798 | |||
| Total Risk Alpha | (1.51) | |||
| Sortino Ratio | 0.0423 | |||
| Treynor Ratio | 0.5239 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Copper'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.
American Copper Deve Backtested Returns
American Copper Deve secures Sharpe Ratio (or Efficiency) of 0.0761, which signifies that the company had a 0.0761% return per unit of standard deviation over the last 3 months. We have analyzed and interpolated twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use American Copper mean deviation of 7.42, and Risk Adjusted Performance of 0.0625 to evaluate company specific risk that cannot be diversified away. American Copper holds a performance score of 5 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.01, 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, American Copper will likely underperform. Use American Copper coefficient of variation, potential upside, day median price, as well as the relationship between the sortino ratio and skewness , to analyze future returns on American Copper.
Auto-correlation | -0.38 |
Poor reverse predictability
American Copper Development has poor reverse predictability. Overlapping area represents the amount of predictability between American Copper time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 American Copper Deve price movement. The serial correlation of -0.38 indicates that just about 38.0% of current American Copper price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Copper Deve lagged returns against current returns
Autocorrelation, which is American Copper 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 American Copper's otc stock expected returns. We can calculate the autocorrelation of American Copper returns to help us make a trade decision. For example, suppose you find that American Copper 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 |
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American Copper 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 American Copper otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Copper otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Copper otc stock over time.
Current vs Lagged Prices |
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American Copper Lagged Returns
When evaluating American Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Copper otc stock have on its future price. American Copper 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, American Copper autocorrelation shows the relationship between American Copper otc stock current value and its past values and can show if there is a momentum factor associated with investing in American Copper Development.
Regressed Prices |
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