Aac Technologies Holdings Stock Market Value
| AACAY Stock | USD 4.46 0.01 0.22% |
| Symbol | AAC |
AAC 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 AAC 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 AAC Technologies.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in AAC Technologies on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding AAC Technologies Holdings or generate 0.0% return on investment in AAC Technologies over 540 days. AAC Technologies is related to or competes with Airgain, Amplitech, Aerkomm, KVH Industries, Telesat Corp, Mynaric AG, and Knowles Cor. AAC Technologies Holdings Inc., an investment holding company, provides solutions for smart devices in Mainland China, H... More
AAC 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 AAC 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 AAC Technologies Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.76 | |||
| Information Ratio | 0.0152 | |||
| Maximum Drawdown | 22.89 | |||
| Value At Risk | (5.18) | |||
| Potential Upside | 7.38 |
AAC Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AAC Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AAC Technologies' standard deviation. In reality, there are many statistical measures that can use AAC Technologies historical prices to predict the future AAC Technologies' volatility.| Risk Adjusted Performance | 0.0471 | |||
| Jensen Alpha | 0.1423 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0155 | |||
| Treynor Ratio | 0.5427 |
AAC Technologies Holdings Backtested Returns
AAC Technologies appears to be unstable, given 3 months investment horizon. AAC Technologies Holdings retains Efficiency (Sharpe Ratio) of 0.0511, which signifies that the company had a 0.0511% return per unit of risk over the last 3 months. We have found thirty technical indicators for AAC Technologies, which you can use to evaluate the volatility of the entity. Please makes use of AAC Technologies' market risk adjusted performance of 0.5527, and Coefficient Of Variation of 1956.61 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AAC Technologies holds a performance score of 4. The firm owns a Beta (Systematic Risk) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AAC Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding AAC Technologies is expected to be smaller as well. Please check AAC Technologies' coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether AAC Technologies' current price history will revert.
Auto-correlation | 0.16 |
Very weak predictability
AAC Technologies Holdings has very weak predictability. Overlapping area represents the amount of predictability between AAC Technologies time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 AAC Technologies Holdings price movement. The serial correlation of 0.16 indicates that over 16.0% of current AAC Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
AAC Technologies Holdings lagged returns against current returns
Autocorrelation, which is AAC 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 AAC Technologies' pink sheet expected returns. We can calculate the autocorrelation of AAC Technologies returns to help us make a trade decision. For example, suppose you find that AAC 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 |
AAC 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 AAC Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AAC 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 AAC Technologies pink sheet over time.
Current vs Lagged Prices |
| Timeline |
AAC Technologies Lagged Returns
When evaluating AAC Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AAC Technologies pink sheet have on its future price. AAC 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, AAC Technologies autocorrelation shows the relationship between AAC Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in AAC Technologies Holdings.
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.Additional Tools for AAC Pink Sheet Analysis
When running AAC Technologies' price analysis, check to measure AAC Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AAC Technologies is operating at the current time. Most of AAC Technologies' value examination focuses on studying past and present price action to predict the probability of AAC Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAC Technologies' price. Additionally, you may evaluate how the addition of AAC Technologies to your portfolios can decrease your overall portfolio volatility.