Accelink Technologies (China) Market Value
| 002281 Stock | 42.58 1.91 4.70% |
| Symbol | Accelink |
Accelink 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 Accelink Technologies' 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 Accelink Technologies.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Accelink Technologies on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Accelink Technologies Co or generate 0.0% return on investment in Accelink Technologies over 30 days. Accelink Technologies is related to or competes with Qumei Furniture, Suofeiya Home, UE Furniture, Guangdong Shenglu, Eastern Communications, Shenzhen Kexin, and Sunwave Communications. Accelink Technologies is entity of China More
Accelink 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 Accelink Technologies' 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 Accelink Technologies Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.28 | |||
| Information Ratio | 0.1546 | |||
| Maximum Drawdown | 19.87 | |||
| Value At Risk | (5.49) | |||
| Potential Upside | 9.88 |
Accelink Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Accelink Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Accelink Technologies' standard deviation. In reality, there are many statistical measures that can use Accelink Technologies historical prices to predict the future Accelink Technologies' volatility.| Risk Adjusted Performance | 0.1423 | |||
| Jensen Alpha | 0.7605 | |||
| Total Risk Alpha | 0.0989 | |||
| Sortino Ratio | 0.1891 | |||
| Treynor Ratio | (3.27) |
Accelink Technologies Backtested Returns
Accelink Technologies appears to be not too volatile, given 3 months investment horizon. Accelink Technologies secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of standard deviation over the last 3 months. By analyzing Accelink Technologies' technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please makes use of Accelink Technologies' risk adjusted performance of 0.1423, and Mean Deviation of 2.88 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Accelink Technologies holds a performance score of 16. 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 Accelink Technologies are expected to decrease at a much lower rate. During the bear market, Accelink Technologies is likely to outperform the market. Please check Accelink Technologies' mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Accelink Technologies' price patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
Accelink Technologies Co has below average predictability. Overlapping area represents the amount of predictability between Accelink Technologies time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Accelink Technologies price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Accelink Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Accelink Technologies lagged returns against current returns
Autocorrelation, which is Accelink Technologies 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 Accelink Technologies' stock expected returns. We can calculate the autocorrelation of Accelink Technologies returns to help us make a trade decision. For example, suppose you find that Accelink Technologies 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 |
Accelink 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 Accelink Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Accelink Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Accelink Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Accelink Technologies Lagged Returns
When evaluating Accelink Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Accelink Technologies stock have on its future price. Accelink 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, Accelink Technologies autocorrelation shows the relationship between Accelink Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Accelink Technologies Co.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Accelink Stock
Accelink Technologies financial ratios help investors to determine whether Accelink 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 Accelink with respect to the benefits of owning Accelink Technologies security.