Arkanova Energy Stock Market Value
| AKVA Stock | USD 0.0001 0.00 0.00% |
| Symbol | Arkanova |
Arkanova Energy '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 Arkanova Energy'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 Arkanova Energy.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Arkanova Energy on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Arkanova Energy or generate 0.0% return on investment in Arkanova Energy over 30 days. Arkanova Energy Corporation, a junior oil and gas producing company, engages in the acquisition, exploration, and develo... More
Arkanova Energy 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 Arkanova Energy'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 Arkanova Energy upside and downside potential and time the market with a certain degree of confidence.
Arkanova Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arkanova Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arkanova Energy's standard deviation. In reality, there are many statistical measures that can use Arkanova Energy historical prices to predict the future Arkanova Energy's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arkanova Energy's 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.
Arkanova Energy Backtested Returns
We have found three technical indicators for Arkanova Energy, which you can use to evaluate the volatility of the firm. 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 Arkanova Energy are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Arkanova Energy has no correlation between past and present. Overlapping area represents the amount of predictability between Arkanova Energy time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Arkanova Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current Arkanova Energy 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 |
Arkanova Energy lagged returns against current returns
Autocorrelation, which is Arkanova Energy 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 Arkanova Energy's pink sheet expected returns. We can calculate the autocorrelation of Arkanova Energy returns to help us make a trade decision. For example, suppose you find that Arkanova Energy 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 |
Arkanova Energy 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 Arkanova Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arkanova Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arkanova Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Arkanova Energy Lagged Returns
When evaluating Arkanova Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arkanova Energy pink sheet have on its future price. Arkanova Energy 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, Arkanova Energy autocorrelation shows the relationship between Arkanova Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Arkanova Energy.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Arkanova Pink Sheet
Arkanova Energy financial ratios help investors to determine whether Arkanova 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 Arkanova with respect to the benefits of owning Arkanova Energy security.