Acceleware Stock Market Value
| ACWRF Stock | USD 0.07 0.03 25.00% |
| Symbol | Acceleware |
Acceleware '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 Acceleware'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 Acceleware.
| 06/26/2024 |
| 12/23/2024 |
If you would invest 0.00 in Acceleware on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding Acceleware or generate 0.0% return on investment in Acceleware over 180 days. Acceleware is related to or competes with Bill, Datadog, Asana, Gitlab, Atlassian Corp, Snowflake, and C3 Ai. Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States More
Acceleware 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 Acceleware'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 Acceleware upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0962 | |||
| Maximum Drawdown | 200.0 |
Acceleware Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acceleware's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acceleware's standard deviation. In reality, there are many statistical measures that can use Acceleware historical prices to predict the future Acceleware's volatility.| Risk Adjusted Performance | 0.087 | |||
| Jensen Alpha | 2.02 | |||
| Total Risk Alpha | 1.51 | |||
| Treynor Ratio | 0.4486 |
Acceleware Backtested Returns
Acceleware is out of control given 3 months investment horizon. Acceleware secures Sharpe Ratio (or Efficiency) of 0.0985, which signifies that the company had a 0.0985% return per unit of standard deviation over the last 3 months. We were able to interpolate data for twenty different technical indicators, which can help you to evaluate if expected returns of 2.17% are justified by taking the suggested risk. Use Acceleware risk adjusted performance of 0.087, and Mean Deviation of 5.24 to evaluate company specific risk that cannot be diversified away. Acceleware holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 4.74, 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, Acceleware will likely underperform. Use Acceleware standard deviation and the relationship between the total risk alpha and period momentum indicator , to analyze future returns on Acceleware.
Auto-correlation | -0.07 |
Very weak reverse predictability
Acceleware has very weak reverse predictability. Overlapping area represents the amount of predictability between Acceleware time series from 26th of June 2024 to 24th of September 2024 and 24th of September 2024 to 23rd 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 Acceleware price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Acceleware price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Acceleware lagged returns against current returns
Autocorrelation, which is Acceleware 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 Acceleware's pink sheet expected returns. We can calculate the autocorrelation of Acceleware returns to help us make a trade decision. For example, suppose you find that Acceleware 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 |
Acceleware 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 Acceleware pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acceleware pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acceleware pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Acceleware Lagged Returns
When evaluating Acceleware's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acceleware pink sheet have on its future price. Acceleware 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, Acceleware autocorrelation shows the relationship between Acceleware pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Acceleware.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Acceleware Pink Sheet
Acceleware financial ratios help investors to determine whether Acceleware Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Acceleware with respect to the benefits of owning Acceleware security.