Agilyx AS (Norway) Market Value
| AGLX Stock | NOK 35.00 0.25 0.71% |
| Symbol | Agilyx |
Agilyx AS '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 Agilyx AS's 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 Agilyx AS.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Agilyx AS on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Agilyx AS or generate 0.0% return on investment in Agilyx AS over 30 days. Agilyx AS is related to or competes with Vow ASA, Everfuel, Aker Carbon, and HydrogenPro. Agilyx AS engages in recycling of difficult-to-recycle post-use plastic streams More
Agilyx AS 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 Agilyx AS's 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 Agilyx AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.0978 | |||
| Maximum Drawdown | 8.28 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.46 |
Agilyx AS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agilyx AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agilyx AS's standard deviation. In reality, there are many statistical measures that can use Agilyx AS historical prices to predict the future Agilyx AS's volatility.| Risk Adjusted Performance | 0.1243 | |||
| Jensen Alpha | 0.2569 | |||
| Total Risk Alpha | 0.0502 | |||
| Sortino Ratio | 0.1104 | |||
| Treynor Ratio | (1.10) |
Agilyx AS Backtested Returns
Agilyx AS appears to be very steady, given 3 months investment horizon. Agilyx AS secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Agilyx AS, which you can use to evaluate the volatility of the firm. Please makes use of Agilyx AS's Risk Adjusted Performance of 0.1243, mean deviation of 1.1, and Downside Deviation of 1.33 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Agilyx AS holds a performance score of 14. The firm shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Agilyx AS are expected to decrease at a much lower rate. During the bear market, Agilyx AS is likely to outperform the market. Please check Agilyx AS's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Agilyx AS's price patterns will revert.
Auto-correlation | 0.21 |
Weak predictability
Agilyx AS has weak predictability. Overlapping area represents the amount of predictability between Agilyx AS time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Agilyx AS price movement. The serial correlation of 0.21 indicates that over 21.0% of current Agilyx AS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Agilyx AS lagged returns against current returns
Autocorrelation, which is Agilyx AS 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 Agilyx AS's stock expected returns. We can calculate the autocorrelation of Agilyx AS returns to help us make a trade decision. For example, suppose you find that Agilyx AS has exhibited high autocorrelation historically, and you observe that the 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 |
Agilyx AS 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 Agilyx AS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agilyx AS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agilyx AS stock over time.
Current vs Lagged Prices |
| Timeline |
Agilyx AS Lagged Returns
When evaluating Agilyx AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agilyx AS stock have on its future price. Agilyx AS 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, Agilyx AS autocorrelation shows the relationship between Agilyx AS stock current value and its past values and can show if there is a momentum factor associated with investing in Agilyx AS.
Regressed Prices |
| Timeline |
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Agilyx AS financial ratios help investors to determine whether Agilyx Stock 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 Agilyx with respect to the benefits of owning Agilyx AS security.