Ace Integrated (India) Market Value
| ACEINTEG | 29.63 1.13 3.96% |
| Symbol | Ace |
Ace Integrated '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 Ace Integrated's 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 Ace Integrated.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Ace Integrated on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Ace Integrated Solutions or generate 0.0% return on investment in Ace Integrated over 720 days. Ace Integrated is related to or competes with Entertainment Network, Network18 Media, Eros International, Sarthak Metals, Radaan Mediaworks, DJ Mediaprint, and Silly Monks. Ace Integrated is entity of India. It is traded as Stock on NSE exchange. More
Ace Integrated 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 Ace Integrated's 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 Ace Integrated Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 17.71 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 6.33 |
Ace Integrated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ace Integrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ace Integrated's standard deviation. In reality, there are many statistical measures that can use Ace Integrated historical prices to predict the future Ace Integrated's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.27) |
Ace Integrated Solutions Backtested Returns
Ace Integrated Solutions secures Sharpe Ratio (or Efficiency) of -0.0863, which signifies that the company had a -0.0863% return per unit of standard deviation over the last 3 months. Ace Integrated Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ace Integrated's mean deviation of 2.11, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ace Integrated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ace Integrated is expected to be smaller as well. At this point, Ace Integrated Solutions has a negative expected return of -0.26%. Please make sure to confirm Ace Integrated's value at risk, and the relationship between the jensen alpha and accumulation distribution , to decide if Ace Integrated Solutions performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Ace Integrated Solutions has good predictability. Overlapping area represents the amount of predictability between Ace Integrated time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Ace Integrated Solutions price movement. The serial correlation of 0.73 indicates that around 73.0% of current Ace Integrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 11.59 |
Ace Integrated Solutions lagged returns against current returns
Autocorrelation, which is Ace Integrated 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 Ace Integrated's stock expected returns. We can calculate the autocorrelation of Ace Integrated returns to help us make a trade decision. For example, suppose you find that Ace Integrated has exhibited high autocorrelation historically, and you observe that the 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 |
Ace Integrated 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 Ace Integrated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ace Integrated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ace Integrated stock over time.
Current vs Lagged Prices |
| Timeline |
Ace Integrated Lagged Returns
When evaluating Ace Integrated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ace Integrated stock have on its future price. Ace Integrated 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, Ace Integrated autocorrelation shows the relationship between Ace Integrated stock current value and its past values and can show if there is a momentum factor associated with investing in Ace Integrated Solutions.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Ace Stock
Ace Integrated financial ratios help investors to determine whether Ace 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 Ace with respect to the benefits of owning Ace Integrated security.