Alliance Creative Gr Stock Market Value
| ACGX Stock | USD 0.09 0.01 6.20% |
| Symbol | Alliance |
Alliance Creative '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 Alliance Creative'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 Alliance Creative.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Alliance Creative on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Alliance Creative Gr or generate 0.0% return on investment in Alliance Creative over 30 days. Alliance Creative is related to or competes with Avery Dennison, Ardagh Metal, Ball, Eightco Holdings, Sealed Air, Packaging Corp, and Reynolds Consumer. Alliance Creative Group, Inc. operates as a creative packaging and digital engagement company in the United States More
Alliance Creative 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 Alliance Creative'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 Alliance Creative Gr upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.22 | |||
| Information Ratio | 0.0683 | |||
| Maximum Drawdown | 111.89 | |||
| Value At Risk | (22.25) | |||
| Potential Upside | 36.65 |
Alliance Creative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alliance Creative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alliance Creative's standard deviation. In reality, there are many statistical measures that can use Alliance Creative historical prices to predict the future Alliance Creative's volatility.| Risk Adjusted Performance | 0.0672 | |||
| Jensen Alpha | 1.62 | |||
| Total Risk Alpha | (1.59) | |||
| Sortino Ratio | 0.0719 | |||
| Treynor Ratio | (0.93) |
Alliance Creative Backtested Returns
Alliance Creative is out of control given 3 months investment horizon. Alliance Creative secures Sharpe Ratio (or Efficiency) of 0.0712, which signifies that the company had a 0.0712% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.39% are justified by taking the suggested risk. Use Alliance Creative Risk Adjusted Performance of 0.0672, mean deviation of 11.0, and Downside Deviation of 18.22 to evaluate company specific risk that cannot be diversified away. Alliance Creative holds a performance score of 5 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.54, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Alliance Creative are expected to decrease by larger amounts. On the other hand, during market turmoil, Alliance Creative is expected to outperform it. Use Alliance Creative sortino ratio and the relationship between the downside variance and price action indicator , to analyze future returns on Alliance Creative.
Auto-correlation | -0.06 |
Very weak reverse predictability
Alliance Creative Gr has very weak reverse predictability. Overlapping area represents the amount of predictability between Alliance Creative time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Alliance Creative price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Alliance Creative price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alliance Creative lagged returns against current returns
Autocorrelation, which is Alliance Creative 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 Alliance Creative's pink sheet expected returns. We can calculate the autocorrelation of Alliance Creative returns to help us make a trade decision. For example, suppose you find that Alliance Creative 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 |
Alliance Creative 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 Alliance Creative pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alliance Creative pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alliance Creative pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Alliance Creative Lagged Returns
When evaluating Alliance Creative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alliance Creative pink sheet have on its future price. Alliance Creative 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, Alliance Creative autocorrelation shows the relationship between Alliance Creative pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Alliance Creative Gr.
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 Alliance Pink Sheet Analysis
When running Alliance Creative's price analysis, check to measure Alliance Creative'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 Alliance Creative is operating at the current time. Most of Alliance Creative's value examination focuses on studying past and present price action to predict the probability of Alliance Creative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliance Creative's price. Additionally, you may evaluate how the addition of Alliance Creative to your portfolios can decrease your overall portfolio volatility.