Acg Metals Limited Stock Market Value
| ACGAF Stock | 16.50 0.00 0.00% |
| Symbol | ACG |
ACG Metals '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 ACG Metals' 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 ACG Metals.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in ACG Metals on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding ACG Metals Limited or generate 0.0% return on investment in ACG Metals over 180 days.
ACG Metals 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 ACG Metals' 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 ACG Metals Limited upside and downside potential and time the market with a certain degree of confidence.
ACG Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACG Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACG Metals' standard deviation. In reality, there are many statistical measures that can use ACG Metals historical prices to predict the future ACG Metals' volatility.ACG Metals Limited Backtested Returns
We have found three technical indicators for ACG Metals Limited, which you can use to evaluate the volatility of the entity. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and ACG Metals are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
ACG Metals Limited has no correlation between past and present. Overlapping area represents the amount of predictability between ACG Metals time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th of November 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 ACG Metals Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current ACG Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ACG Metals Limited lagged returns against current returns
Autocorrelation, which is ACG Metals 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 ACG Metals' pink sheet expected returns. We can calculate the autocorrelation of ACG Metals returns to help us make a trade decision. For example, suppose you find that ACG Metals 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 |
ACG Metals 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 ACG Metals pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACG Metals pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACG Metals pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ACG Metals Lagged Returns
When evaluating ACG Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACG Metals pink sheet have on its future price. ACG Metals 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, ACG Metals autocorrelation shows the relationship between ACG Metals pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ACG Metals Limited.
Regressed Prices |
| Timeline |