Aac Clyde Space Stock Market Value
| ACCMF Stock | USD 4.10 0.00 0.00% |
| Symbol | AAC |
AAC Clyde '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 AAC Clyde's otc stock 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 AAC Clyde.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in AAC Clyde on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding AAC Clyde Space or generate 0.0% return on investment in AAC Clyde over 720 days. AAC Clyde is related to or competes with VirTra, BWX Technologies, Embraer SA, HEICO, Vertical Aerospace, Rocket Lab, and Rolls Royce. AAC Clyde Space AB primarily provides solutions and services to the small satellite market in Sweden, the United Kingdom... More
AAC Clyde 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 AAC Clyde's otc stock 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 AAC Clyde Space upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0952 | |||
| Maximum Drawdown | 20.25 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 5.9 |
AAC Clyde Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AAC Clyde's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AAC Clyde's standard deviation. In reality, there are many statistical measures that can use AAC Clyde historical prices to predict the future AAC Clyde's volatility.| Risk Adjusted Performance | 0.103 | |||
| Jensen Alpha | 0.445 | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.83) |
AAC Clyde Space Backtested Returns
AAC Clyde appears to be relatively risky, given 3 months investment horizon. AAC Clyde Space retains Efficiency (Sharpe Ratio) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found nineteen technical indicators for AAC Clyde, which you can use to evaluate the volatility of the entity. Please makes use of AAC Clyde's market risk adjusted performance of (0.82), and Variance of 9.57 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AAC Clyde holds a performance score of 10. The firm owns a Beta (Systematic Risk) of -0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AAC Clyde are expected to decrease at a much lower rate. During the bear market, AAC Clyde is likely to outperform the market. Please check AAC Clyde's coefficient of variation, value at risk, day typical price, as well as the relationship between the information ratio and kurtosis , to make a quick decision on whether AAC Clyde's current price history will revert.
Auto-correlation | -0.12 |
Insignificant reverse predictability
AAC Clyde Space has insignificant reverse predictability. Overlapping area represents the amount of predictability between AAC Clyde time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 AAC Clyde Space price movement. The serial correlation of -0.12 indicates that less than 12.0% of current AAC Clyde price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
AAC Clyde Space lagged returns against current returns
Autocorrelation, which is AAC Clyde otc stock'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 AAC Clyde's otc stock expected returns. We can calculate the autocorrelation of AAC Clyde returns to help us make a trade decision. For example, suppose you find that AAC Clyde has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
AAC Clyde 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 AAC Clyde otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AAC Clyde otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AAC Clyde otc stock over time.
Current vs Lagged Prices |
| Timeline |
AAC Clyde Lagged Returns
When evaluating AAC Clyde's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AAC Clyde otc stock have on its future price. AAC Clyde 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, AAC Clyde autocorrelation shows the relationship between AAC Clyde otc stock current value and its past values and can show if there is a momentum factor associated with investing in AAC Clyde Space.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AAC OTC Stock
AAC Clyde financial ratios help investors to determine whether AAC OTC Stock 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 AAC with respect to the benefits of owning AAC Clyde security.