The A2 Milk Stock Market Value
| ACOPY Stock | USD 3.55 0.07 2.01% |
| Symbol | ACOPY |
A2 Milk '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 A2 Milk'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 A2 Milk.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in A2 Milk on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding The A2 Milk or generate 0.0% return on investment in A2 Milk over 90 days. A2 Milk is related to or competes with Artisan Consumer, Avi, and Aryzta AG. The a2 Milk Company Limited, together with its subsidiaries, sells A2 protein type branded milk and related products in ... More
A2 Milk 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 A2 Milk'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 The A2 Milk upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 35.61 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 2.22 |
A2 Milk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for A2 Milk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as A2 Milk's standard deviation. In reality, there are many statistical measures that can use A2 Milk historical prices to predict the future A2 Milk's volatility.| Risk Adjusted Performance | 0.0074 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.02) |
A2 Milk Backtested Returns
A2 Milk secures Sharpe Ratio (or Efficiency) of -0.004, which signifies that the company had a -0.004% return per unit of standard deviation over the last 3 months. The A2 Milk exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm A2 Milk's Mean Deviation of 1.31, coefficient of variation of (114,067), and Risk Adjusted Performance of 0.0074 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.87, which signifies possible diversification benefits within a given portfolio. A2 Milk returns are very sensitive to returns on the market. As the market goes up or down, A2 Milk is expected to follow. At this point, A2 Milk has a negative expected return of -0.0164%. Please make sure to confirm A2 Milk's total risk alpha, as well as the relationship between the daily balance of power and relative strength index , to decide if A2 Milk performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
The A2 Milk has almost perfect reverse predictability. Overlapping area represents the amount of predictability between A2 Milk time series from 31st of August 2024 to 15th of October 2024 and 15th of October 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 A2 Milk price movement. The serial correlation of -0.75 indicates that around 75.0% of current A2 Milk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
A2 Milk lagged returns against current returns
Autocorrelation, which is A2 Milk 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 A2 Milk's pink sheet expected returns. We can calculate the autocorrelation of A2 Milk returns to help us make a trade decision. For example, suppose you find that A2 Milk 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 |
A2 Milk 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 A2 Milk pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if A2 Milk pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in A2 Milk pink sheet over time.
Current vs Lagged Prices |
| Timeline |
A2 Milk Lagged Returns
When evaluating A2 Milk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of A2 Milk pink sheet have on its future price. A2 Milk 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, A2 Milk autocorrelation shows the relationship between A2 Milk pink sheet current value and its past values and can show if there is a momentum factor associated with investing in The A2 Milk.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for ACOPY Pink Sheet Analysis
When running A2 Milk's price analysis, check to measure A2 Milk'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 A2 Milk is operating at the current time. Most of A2 Milk's value examination focuses on studying past and present price action to predict the probability of A2 Milk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move A2 Milk's price. Additionally, you may evaluate how the addition of A2 Milk to your portfolios can decrease your overall portfolio volatility.