Ascot Resources Stock Market Value
| AOTVF Stock | USD 0.11 0.01 8.33% |
| Symbol | Ascot |
Ascot Resources '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 Ascot Resources' 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 Ascot Resources.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in Ascot Resources on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Ascot Resources or generate 0.0% return on investment in Ascot Resources over 390 days. Ascot Resources is related to or competes with Grande Portage, and White Gold. Ascot Resources Ltd. operates as a mineral development and exploration company in the United States and Canada More
Ascot Resources 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 Ascot Resources' 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 Ascot Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.67 | |||
| Information Ratio | 0.0115 | |||
| Maximum Drawdown | 41.67 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 14.29 |
Ascot Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ascot Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ascot Resources' standard deviation. In reality, there are many statistical measures that can use Ascot Resources historical prices to predict the future Ascot Resources' volatility.| Risk Adjusted Performance | 0.0216 | |||
| Jensen Alpha | 0.1154 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0096 | |||
| Treynor Ratio | (0.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ascot Resources' 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.
Ascot Resources Backtested Returns
At this point, Ascot Resources is out of control. Ascot Resources secures Sharpe Ratio (or Efficiency) of 0.0161, which signifies that the company had a 0.0161% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Ascot Resources, which you can use to evaluate the volatility of the firm. Please confirm Ascot Resources' risk adjusted performance of 0.0216, and Mean Deviation of 4.48 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Ascot Resources has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ascot Resources are expected to decrease at a much lower rate. During the bear market, Ascot Resources is likely to outperform the market. Ascot Resources right now shows a risk of 7.25%. Please confirm Ascot Resources coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if Ascot Resources will be following its price patterns.
Auto-correlation | -0.81 |
Excellent reverse predictability
Ascot Resources has excellent reverse predictability. Overlapping area represents the amount of predictability between Ascot Resources time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 Ascot Resources price movement. The serial correlation of -0.81 indicates that around 81.0% of current Ascot Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Ascot Resources lagged returns against current returns
Autocorrelation, which is Ascot Resources 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 Ascot Resources' otc stock expected returns. We can calculate the autocorrelation of Ascot Resources returns to help us make a trade decision. For example, suppose you find that Ascot Resources 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 |
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Ascot Resources 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 Ascot Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ascot Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ascot Resources otc stock over time.
Current vs Lagged Prices |
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Ascot Resources Lagged Returns
When evaluating Ascot Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ascot Resources otc stock have on its future price. Ascot Resources 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, Ascot Resources autocorrelation shows the relationship between Ascot Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Ascot Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ascot OTC Stock
Ascot Resources financial ratios help investors to determine whether Ascot OTC 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 Ascot with respect to the benefits of owning Ascot Resources security.