Anteris Technologies Stock Market Value
| AMEUF Stock | USD 6.70 0.20 3.08% |
| Symbol | Anteris |
Anteris Technologies '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 Anteris Technologies' 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 Anteris Technologies.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Anteris Technologies on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Anteris Technologies or generate 0.0% return on investment in Anteris Technologies over 720 days. Anteris Technologies is related to or competes with Artivion, Anika Therapeutics, Sight Sciences, Orthofix Medical, Avanos Medical, Glaukos Corp, and Orthopediatrics Corp. Anteris Technologies Ltd operates as a structural heart company More
Anteris Technologies 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 Anteris Technologies' 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 Anteris Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 34.22 | |||
| Value At Risk | (7.85) | |||
| Potential Upside | 7.73 |
Anteris Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anteris Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anteris Technologies' standard deviation. In reality, there are many statistical measures that can use Anteris Technologies historical prices to predict the future Anteris Technologies' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | (11.54) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Anteris Technologies' 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.
Anteris Technologies Backtested Returns
Anteris Technologies secures Sharpe Ratio (or Efficiency) of -0.0099, which signifies that the company had a -0.0099% return per unit of risk over the last 3 months. Anteris Technologies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Anteris Technologies' Mean Deviation of 3.17, risk adjusted performance of (0.05), and Standard Deviation of 5.36 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.037, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Anteris Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Anteris Technologies is expected to be smaller as well. At this point, Anteris Technologies has a negative expected return of -0.0515%. Please make sure to confirm Anteris Technologies' skewness, as well as the relationship between the day median price and relative strength index , to decide if Anteris Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.46 |
Average predictability
Anteris Technologies has average predictability. Overlapping area represents the amount of predictability between Anteris Technologies time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Anteris Technologies price movement. The serial correlation of 0.46 indicates that about 46.0% of current Anteris Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 7.12 |
Anteris Technologies lagged returns against current returns
Autocorrelation, which is Anteris Technologies 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 Anteris Technologies' pink sheet expected returns. We can calculate the autocorrelation of Anteris Technologies returns to help us make a trade decision. For example, suppose you find that Anteris Technologies 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 |
Anteris Technologies 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 Anteris Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anteris Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anteris Technologies pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Anteris Technologies Lagged Returns
When evaluating Anteris Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anteris Technologies pink sheet have on its future price. Anteris Technologies 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, Anteris Technologies autocorrelation shows the relationship between Anteris Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Anteris Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Anteris Pink Sheet
Anteris Technologies financial ratios help investors to determine whether Anteris 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 Anteris with respect to the benefits of owning Anteris Technologies security.