America Great Health Stock Market Value
| AAGH Stock | USD 0.0005 0.00 0.00% |
| Symbol | America |
America Great '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 America Great'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 America Great.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in America Great on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding America Great Health or generate 0.0% return on investment in America Great over 510 days. America Great is related to or competes with Ascletis Pharma. America Great Health operates as a biotechnology company in the United States More
America Great 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 America Great'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 America Great Health upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 98.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 11.11 |
America Great Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for America Great's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as America Great's standard deviation. In reality, there are many statistical measures that can use America Great historical prices to predict the future America Great's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (1.38) | |||
| Total Risk Alpha | (3.09) | |||
| Treynor Ratio | (0.69) |
America Great Health Backtested Returns
America Great Health secures Sharpe Ratio (or Efficiency) of -0.0847, which signifies that the company had a -0.0847% return per unit of standard deviation over the last 3 months. America Great Health exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm America Great's mean deviation of 5.46, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.7, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, America Great will likely underperform. At this point, America Great Health has a negative expected return of -1.07%. Please make sure to confirm America Great's standard deviation and the relationship between the jensen alpha and rate of daily change , to decide if America Great Health performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.1 |
Very weak reverse predictability
America Great Health has very weak reverse predictability. Overlapping area represents the amount of predictability between America Great time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 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 America Great Health price movement. The serial correlation of -0.1 indicates that less than 10.0% of current America Great price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
America Great Health lagged returns against current returns
Autocorrelation, which is America Great 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 America Great's pink sheet expected returns. We can calculate the autocorrelation of America Great returns to help us make a trade decision. For example, suppose you find that America Great 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 |
America Great 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 America Great pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if America Great pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in America Great pink sheet over time.
Current vs Lagged Prices |
| Timeline |
America Great Lagged Returns
When evaluating America Great's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of America Great pink sheet have on its future price. America Great 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, America Great autocorrelation shows the relationship between America Great pink sheet current value and its past values and can show if there is a momentum factor associated with investing in America Great Health.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in America Pink Sheet
America Great financial ratios help investors to determine whether America 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 America with respect to the benefits of owning America Great security.