Aboitiz Power Corp Stock Market Value
| ABZPY Stock | USD 11.61 0.00 0.00% |
| Symbol | Aboitiz |
Aboitiz Power '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 Aboitiz Power'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 Aboitiz Power.
| 06/12/2023 |
| 12/03/2024 |
If you would invest 0.00 in Aboitiz Power on June 12, 2023 and sell it all today you would earn a total of 0.00 from holding Aboitiz Power Corp or generate 0.0% return on investment in Aboitiz Power over 540 days. Aboitiz Power is related to or competes with MagnaChip Semiconductor, Kaltura, Allient, Uber Technologies, NETGEAR, and Asure Software. Aboitiz Power Corporation, through its subsidiaries, engages in the power generation, distribution, and retail electrici... More
Aboitiz Power 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 Aboitiz Power'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 Aboitiz Power Corp upside and downside potential and time the market with a certain degree of confidence.
Aboitiz Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aboitiz Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aboitiz Power's standard deviation. In reality, there are many statistical measures that can use Aboitiz Power historical prices to predict the future Aboitiz Power's volatility.Aboitiz Power Corp Backtested Returns
We have found three technical indicators for Aboitiz Power Corp, which you can use to evaluate the volatility of the firm. 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 Aboitiz Power are completely uncorrelated.
Auto-correlation | -0.27 |
Weak reverse predictability
Aboitiz Power Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Aboitiz Power time series from 12th of June 2023 to 8th of March 2024 and 8th of March 2024 to 3rd 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 Aboitiz Power Corp price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Aboitiz Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Aboitiz Power Corp lagged returns against current returns
Autocorrelation, which is Aboitiz Power 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 Aboitiz Power's pink sheet expected returns. We can calculate the autocorrelation of Aboitiz Power returns to help us make a trade decision. For example, suppose you find that Aboitiz Power 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 |
Aboitiz Power 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 Aboitiz Power pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aboitiz Power pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aboitiz Power pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aboitiz Power Lagged Returns
When evaluating Aboitiz Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aboitiz Power pink sheet have on its future price. Aboitiz Power 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, Aboitiz Power autocorrelation shows the relationship between Aboitiz Power pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aboitiz Power Corp.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Aboitiz Pink Sheet Analysis
When running Aboitiz Power's price analysis, check to measure Aboitiz Power'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 Aboitiz Power is operating at the current time. Most of Aboitiz Power's value examination focuses on studying past and present price action to predict the probability of Aboitiz Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aboitiz Power's price. Additionally, you may evaluate how the addition of Aboitiz Power to your portfolios can decrease your overall portfolio volatility.