Abs Cbn Holdings Stock Market Value
| ABSOF Stock | USD 0.11 0.00 0.00% |
| Symbol | ABS |
ABS CBN '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 ABS CBN'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 ABS CBN.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in ABS CBN on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding ABS CBN Holdings or generate 0.0% return on investment in ABS CBN over 720 days. ABS CBN is related to or competes with Copa Holdings, United Airlines, Delta Air, SkyWest, and Allegiant Travel. ABS-CBN Holdings Corporation issues Philippine depository receipts in the Philippines More
ABS CBN 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 ABS CBN'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 ABS CBN Holdings upside and downside potential and time the market with a certain degree of confidence.
ABS CBN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ABS CBN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ABS CBN's standard deviation. In reality, there are many statistical measures that can use ABS CBN historical prices to predict the future ABS CBN's volatility.ABS CBN Holdings Backtested Returns
We have found three technical indicators for ABS CBN Holdings, 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 ABS CBN are completely uncorrelated.
Auto-correlation | 0.05 |
Virtually no predictability
ABS CBN Holdings has virtually no predictability. Overlapping area represents the amount of predictability between ABS CBN time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 ABS CBN Holdings price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current ABS CBN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ABS CBN Holdings lagged returns against current returns
Autocorrelation, which is ABS CBN 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 ABS CBN's pink sheet expected returns. We can calculate the autocorrelation of ABS CBN returns to help us make a trade decision. For example, suppose you find that ABS CBN 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 |
ABS CBN 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 ABS CBN pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ABS CBN pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ABS CBN pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ABS CBN Lagged Returns
When evaluating ABS CBN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ABS CBN pink sheet have on its future price. ABS CBN 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, ABS CBN autocorrelation shows the relationship between ABS CBN pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ABS CBN Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ABS Pink Sheet
ABS CBN financial ratios help investors to determine whether ABS 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 ABS with respect to the benefits of owning ABS CBN security.