Air Canada Stock Market Value
| ACDVF Stock | USD 14.11 0.15 1.05% |
| Symbol | Air |
Air Canada '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 Air Canada'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 Air Canada.
| 01/01/2025 |
| 12/27/2025 |
If you would invest 0.00 in Air Canada on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Air Canada or generate 0.0% return on investment in Air Canada over 360 days. Air Canada is related to or competes with Air France, EasyJet Plc, SATS, Promotora, Grupo Aeroportuario, Shimizu, and Teleperformance. Air Canada provides domestic, U.S. transborder, and international airline services More
Air Canada 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 Air Canada'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 Air Canada upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.0458 | |||
| Maximum Drawdown | 7.57 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 2.21 |
Air Canada Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Air Canada's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Air Canada's standard deviation. In reality, there are many statistical measures that can use Air Canada historical prices to predict the future Air Canada's volatility.| Risk Adjusted Performance | 0.0767 | |||
| Jensen Alpha | 0.0997 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0389 | |||
| Treynor Ratio | 0.2401 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Air Canada'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.
Air Canada Backtested Returns
At this point, Air Canada is very steady. Air Canada secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Air Canada, which you can use to evaluate the volatility of the firm. Please confirm Air Canada's Mean Deviation of 1.13, downside deviation of 1.8, and Risk Adjusted Performance of 0.0767 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Air Canada has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Air Canada's returns are expected to increase less than the market. However, during the bear market, the loss of holding Air Canada is expected to be smaller as well. Air Canada right now shows a risk of 1.51%. Please confirm Air Canada treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Air Canada will be following its price patterns.
Auto-correlation | 0.55 |
Modest predictability
Air Canada has modest predictability. Overlapping area represents the amount of predictability between Air Canada time series from 1st of January 2025 to 30th of June 2025 and 30th of June 2025 to 27th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Air Canada price movement. The serial correlation of 0.55 indicates that about 55.0% of current Air Canada price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 |
Air Canada lagged returns against current returns
Autocorrelation, which is Air Canada 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 Air Canada's otc stock expected returns. We can calculate the autocorrelation of Air Canada returns to help us make a trade decision. For example, suppose you find that Air Canada 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 |
Air Canada 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 Air Canada otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Air Canada otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Air Canada otc stock over time.
Current vs Lagged Prices |
| Timeline |
Air Canada Lagged Returns
When evaluating Air Canada's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Air Canada otc stock have on its future price. Air Canada 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, Air Canada autocorrelation shows the relationship between Air Canada otc stock current value and its past values and can show if there is a momentum factor associated with investing in Air Canada.
Regressed Prices |
| Timeline |
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Other Information on Investing in Air OTC Stock
Air Canada financial ratios help investors to determine whether Air 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 Air with respect to the benefits of owning Air Canada security.