Accustem Sciences Stock Market Value
| ACUT Stock | USD 0.34 0.02 5.56% |
| Symbol | Accustem |
Accustem Sciences '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 Accustem Sciences' 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 Accustem Sciences.
| 06/12/2023 |
| 12/03/2024 |
If you would invest 0.00 in Accustem Sciences on June 12, 2023 and sell it all today you would earn a total of 0.00 from holding Accustem Sciences or generate 0.0% return on investment in Accustem Sciences over 540 days. Accustem Sciences is related to or competes with Tiziana Life, Acurx Pharmaceuticals, Alpha Cognition, and Aadi Bioscience. AccuStem Sciences, Inc. operates as a life sciences company focusing on improving outcomes for patients with cancer More
Accustem Sciences 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 Accustem Sciences' 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 Accustem Sciences upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.29 | |||
| Information Ratio | 0.0189 | |||
| Maximum Drawdown | 52.38 | |||
| Value At Risk | (20.37) | |||
| Potential Upside | 20.0 |
Accustem Sciences Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Accustem Sciences' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Accustem Sciences' standard deviation. In reality, there are many statistical measures that can use Accustem Sciences historical prices to predict the future Accustem Sciences' volatility.| Risk Adjusted Performance | 0.0328 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (1.25) | |||
| Sortino Ratio | 0.0149 | |||
| Treynor Ratio | 0.0819 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Accustem Sciences' 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.
Accustem Sciences Backtested Returns
Currently, Accustem Sciences is out of control. Accustem Sciences secures Sharpe Ratio (or Efficiency) of 0.0162, which signifies that the company had a 0.0162% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Accustem Sciences, which you can use to evaluate the volatility of the firm. Please confirm Accustem Sciences' risk adjusted performance of 0.0328, and Mean Deviation of 6.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Accustem Sciences has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 3.81, 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, Accustem Sciences will likely underperform. Accustem Sciences right now shows a risk of 10.44%. Please confirm Accustem Sciences coefficient of variation and the relationship between the treynor ratio and rate of daily change , to decide if Accustem Sciences will be following its price patterns.
Auto-correlation | -0.09 |
Very weak reverse predictability
Accustem Sciences has very weak reverse predictability. Overlapping area represents the amount of predictability between Accustem Sciences time series from 12th of June 2023 to 8th of March 2024 and 8th of March 2024 to 3rd 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 Accustem Sciences price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Accustem Sciences price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Accustem Sciences lagged returns against current returns
Autocorrelation, which is Accustem Sciences 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 Accustem Sciences' otc stock expected returns. We can calculate the autocorrelation of Accustem Sciences returns to help us make a trade decision. For example, suppose you find that Accustem Sciences 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 |
Accustem Sciences 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 Accustem Sciences otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Accustem Sciences otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Accustem Sciences otc stock over time.
Current vs Lagged Prices |
| Timeline |
Accustem Sciences Lagged Returns
When evaluating Accustem Sciences' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Accustem Sciences otc stock have on its future price. Accustem Sciences 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, Accustem Sciences autocorrelation shows the relationship between Accustem Sciences otc stock current value and its past values and can show if there is a momentum factor associated with investing in Accustem Sciences.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Accustem OTC Stock Analysis
When running Accustem Sciences' price analysis, check to measure Accustem Sciences' 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 Accustem Sciences is operating at the current time. Most of Accustem Sciences' value examination focuses on studying past and present price action to predict the probability of Accustem Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accustem Sciences' price. Additionally, you may evaluate how the addition of Accustem Sciences to your portfolios can decrease your overall portfolio volatility.