Ambase Corp Stock Market Value
| ABCP Stock | USD 0.34 0.02 6.25% |
| Symbol | Ambase |
Ambase Corp '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 Ambase Corp'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 Ambase Corp.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Ambase Corp on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Ambase Corp or generate 0.0% return on investment in Ambase Corp over 30 days. Ambase Corp is related to or competes with Smart REIT, Phillips Edison, Simon Property, Plaza Retail, Inventrust Properties, Site Centers, and Kite Realty. Previously, it invested in a real estate development property More
Ambase Corp 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 Ambase Corp'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 Ambase Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 23.01 | |||
| Value At Risk | (6.82) | |||
| Potential Upside | 6.25 |
Ambase Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ambase Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ambase Corp's standard deviation. In reality, there are many statistical measures that can use Ambase Corp historical prices to predict the future Ambase Corp's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 0.2314 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ambase Corp'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.
Ambase Corp Backtested Returns
Ambase Corp secures Sharpe Ratio (or Efficiency) of -0.043, which signifies that the company had a -0.043% return per unit of standard deviation over the last 3 months. Ambase Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ambase Corp's risk adjusted performance of (0.01), and Mean Deviation of 2.75 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ambase Corp are expected to decrease at a much lower rate. During the bear market, Ambase Corp is likely to outperform the market. At this point, Ambase Corp has a negative expected return of -0.17%. Please make sure to confirm Ambase Corp's standard deviation and the relationship between the treynor ratio and day typical price , to decide if Ambase Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Ambase Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Ambase Corp time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Ambase Corp price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Ambase Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ambase Corp lagged returns against current returns
Autocorrelation, which is Ambase Corp 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 Ambase Corp's pink sheet expected returns. We can calculate the autocorrelation of Ambase Corp returns to help us make a trade decision. For example, suppose you find that Ambase Corp 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 |
Ambase Corp 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 Ambase Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ambase Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ambase Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ambase Corp Lagged Returns
When evaluating Ambase Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ambase Corp pink sheet have on its future price. Ambase Corp 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, Ambase Corp autocorrelation shows the relationship between Ambase Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ambase Corp.
Regressed Prices |
| Timeline |
Pair Trading with Ambase Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ambase Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ambase Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Ambase Pink Sheet
| 0.85 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.82 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.8 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.78 | HPQ | HP Inc | PairCorr |
| 0.71 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
The ability to find closely correlated positions to Ambase Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ambase Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ambase Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ambase Corp to buy it.
The correlation of Ambase Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ambase Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ambase Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ambase Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ambase Pink Sheet Analysis
When running Ambase Corp's price analysis, check to measure Ambase Corp's 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 Ambase Corp is operating at the current time. Most of Ambase Corp's value examination focuses on studying past and present price action to predict the probability of Ambase Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ambase Corp's price. Additionally, you may evaluate how the addition of Ambase Corp to your portfolios can decrease your overall portfolio volatility.