American Aires Stock Market Value
| AAIRF Stock | USD 0.15 0.01 7.14% |
| Symbol | American |
American Aires '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 American Aires' 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 American Aires.
| 10/25/2024 |
| 01/23/2025 |
If you would invest 0.00 in American Aires on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding American Aires or generate 0.0% return on investment in American Aires over 90 days. American Aires is related to or competes with Alps Electric, Bitmine Immersion, AT S, Benchmark Electronics, Bel Fuse, Methode Electronics, and Bel Fuse. American Aires Inc., a nanotechnology company, researches, develops, produces, distributes, and sells proprietary silico... More
American Aires 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 American Aires' 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 American Aires upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 30.0 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 14.29 |
American Aires Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Aires' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Aires' standard deviation. In reality, there are many statistical measures that can use American Aires historical prices to predict the future American Aires' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.47) |
American Aires Backtested Returns
American Aires secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of standard deviation over the last 3 months. American Aires exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Aires' mean deviation of 5.43, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, American Aires' returns are expected to increase less than the market. However, during the bear market, the loss of holding American Aires is expected to be smaller as well. At this point, American Aires has a negative expected return of -0.0321%. Please make sure to confirm American Aires' information ratio and the relationship between the maximum drawdown and day typical price , to decide if American Aires performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.16 |
Insignificant reverse predictability
American Aires has insignificant reverse predictability. Overlapping area represents the amount of predictability between American Aires time series from 25th of October 2024 to 9th of December 2024 and 9th of December 2024 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Aires price movement. The serial correlation of -0.16 indicates that over 16.0% of current American Aires price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Aires lagged returns against current returns
Autocorrelation, which is American Aires 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 American Aires' pink sheet expected returns. We can calculate the autocorrelation of American Aires returns to help us make a trade decision. For example, suppose you find that American Aires 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 |
American Aires 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 American Aires pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Aires pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Aires pink sheet over time.
Current vs Lagged Prices |
| Timeline |
American Aires Lagged Returns
When evaluating American Aires' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Aires pink sheet have on its future price. American Aires 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, American Aires autocorrelation shows the relationship between American Aires pink sheet current value and its past values and can show if there is a momentum factor associated with investing in American Aires.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in American Pink Sheet
American Aires financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Aires security.