Abivax Socit Anonyme Stock Market Value
| AAVXF Stock | USD 11.05 0.00 0.00% |
| Symbol | ABIVAX |
ABIVAX Société '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 ABIVAX Société'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 ABIVAX Société.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in ABIVAX Société on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding ABIVAX Socit Anonyme or generate 0.0% return on investment in ABIVAX Société over 360 days. ABIVAX Société is related to or competes with Northwest Biotherapeutics, and Geron. ABIVAX Socit Anonyme discovers and optimizes drugs for the treatment of inflammatory diseases, infectious diseases, and ... More
ABIVAX Société 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 ABIVAX Société'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 ABIVAX Socit Anonyme upside and downside potential and time the market with a certain degree of confidence.
ABIVAX Société Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ABIVAX Société's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ABIVAX Société's standard deviation. In reality, there are many statistical measures that can use ABIVAX Société historical prices to predict the future ABIVAX Société's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ABIVAX Société's 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.
ABIVAX Socit Anonyme Backtested Returns
We have found three technical indicators for ABIVAX Socit Anonyme, which you can use to evaluate the volatility of the entity. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and ABIVAX Société are completely uncorrelated.
Auto-correlation | -0.41 |
Modest reverse predictability
ABIVAX Socit Anonyme has modest reverse predictability. Overlapping area represents the amount of predictability between ABIVAX Société time series from 1st of December 2023 to 29th of May 2024 and 29th of May 2024 to 25th 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 ABIVAX Socit Anonyme price movement. The serial correlation of -0.41 indicates that just about 41.0% of current ABIVAX Société price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 3.78 |
ABIVAX Socit Anonyme lagged returns against current returns
Autocorrelation, which is ABIVAX Société 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 ABIVAX Société's pink sheet expected returns. We can calculate the autocorrelation of ABIVAX Société returns to help us make a trade decision. For example, suppose you find that ABIVAX Société 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 |
ABIVAX Société 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 ABIVAX Société pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ABIVAX Société pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ABIVAX Société pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ABIVAX Société Lagged Returns
When evaluating ABIVAX Société's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ABIVAX Société pink sheet have on its future price. ABIVAX Société 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, ABIVAX Société autocorrelation shows the relationship between ABIVAX Société pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ABIVAX Socit Anonyme.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ABIVAX Pink Sheet
ABIVAX Société financial ratios help investors to determine whether ABIVAX 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 ABIVAX with respect to the benefits of owning ABIVAX Société security.