Airborne Wireless Network Stock Market Value
| ABWN Stock | USD 0.0001 0.00 0.00% |
| Symbol | Airborne |
Airborne Wireless '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 Airborne Wireless' 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 Airborne Wireless.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in Airborne Wireless on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Airborne Wireless Network or generate 0.0% return on investment in Airborne Wireless over 180 days. Airborne Wireless is related to or competes with BCE, and Advanced Info. Airborne Wireless Network, a development stage company, focuses on developing, marketing, and licensing a fully-meshed h... More
Airborne Wireless 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 Airborne Wireless' 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 Airborne Wireless Network upside and downside potential and time the market with a certain degree of confidence.
Airborne Wireless Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Airborne Wireless' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Airborne Wireless' standard deviation. In reality, there are many statistical measures that can use Airborne Wireless historical prices to predict the future Airborne Wireless' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Airborne Wireless' 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.
Airborne Wireless Network Backtested Returns
Airborne Wireless is out of control given 3 months investment horizon. Airborne Wireless Network secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We are able to interpolate and break down four different technical indicators, which can help you to evaluate if expected returns of 15.87% are justified by taking the suggested risk. Use Airborne Wireless day typical price of 1.0E-4, and Rate Of Daily Change of 1.0 to evaluate company specific risk that cannot be diversified away. Airborne Wireless holds a performance score of 9 on a scale of zero to a hundred. 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 Airborne Wireless are completely uncorrelated. Use Airborne Wireless rate of daily change , to analyze future returns on Airborne Wireless.
Auto-correlation | 0.00 |
No correlation between past and present
Airborne Wireless Network has no correlation between past and present. Overlapping area represents the amount of predictability between Airborne Wireless time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th of December 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 Airborne Wireless Network price movement. The serial correlation of 0.0 indicates that just 0.0% of current Airborne Wireless price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Airborne Wireless Network lagged returns against current returns
Autocorrelation, which is Airborne Wireless 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 Airborne Wireless' pink sheet expected returns. We can calculate the autocorrelation of Airborne Wireless returns to help us make a trade decision. For example, suppose you find that Airborne Wireless 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 |
Airborne Wireless 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 Airborne Wireless pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Airborne Wireless pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Airborne Wireless pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Airborne Wireless Lagged Returns
When evaluating Airborne Wireless' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Airborne Wireless pink sheet have on its future price. Airborne Wireless 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, Airborne Wireless autocorrelation shows the relationship between Airborne Wireless pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Airborne Wireless Network.
Regressed Prices |
| Timeline |
Pair Trading with Airborne Wireless
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 Airborne Wireless 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 Airborne Wireless will appreciate offsetting losses from the drop in the long position's value.Moving together with Airborne Pink Sheet
Moving against Airborne Pink Sheet
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The ability to find closely correlated positions to Airborne Wireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airborne Wireless 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 Airborne Wireless - 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 Airborne Wireless Network to buy it.
The correlation of Airborne Wireless 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 Airborne Wireless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airborne Wireless Network 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 Airborne Wireless 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.Other Information on Investing in Airborne Pink Sheet
Airborne Wireless financial ratios help investors to determine whether Airborne 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 Airborne with respect to the benefits of owning Airborne Wireless security.