Acme Lithium Stock Market Value
| ACLHF Stock | USD 0.03 0 10.87% |
| Symbol | ACME |
ACME Lithium '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 ACME Lithium'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 ACME Lithium.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in ACME Lithium on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding ACME Lithium or generate 0.0% return on investment in ACME Lithium over 30 days. ACME Lithium is related to or competes with ATT, Merck, Disney, Caterpillar, Procter Gamble, and JPMorgan Chase. ACME Lithium Inc., a mineral exploration company, engages in acquiring, exploring, and evaluating lithium properties in ... More
ACME Lithium 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 ACME Lithium'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 ACME Lithium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.58 | |||
| Information Ratio | 0.0265 | |||
| Maximum Drawdown | 67.78 | |||
| Value At Risk | (15.75) | |||
| Potential Upside | 26.4 |
ACME Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACME Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACME Lithium's standard deviation. In reality, there are many statistical measures that can use ACME Lithium historical prices to predict the future ACME Lithium's volatility.| Risk Adjusted Performance | 0.038 | |||
| Jensen Alpha | 0.1926 | |||
| Total Risk Alpha | (1.64) | |||
| Sortino Ratio | 0.0315 | |||
| Treynor Ratio | 0.2193 |
ACME Lithium Backtested Returns
ACME Lithium appears to be out of control, given 3 months investment horizon. ACME Lithium secures Sharpe Ratio (or Efficiency) of 0.0509, which signifies that the company had a 0.0509% return per unit of return volatility over the last 3 months. By examining ACME Lithium's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of ACME Lithium's Coefficient Of Variation of 2669.61, mean deviation of 8.87, and Downside Deviation of 10.58 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ACME Lithium holds a performance score of 4. The firm shows a Beta (market volatility) of 2.1, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ACME Lithium will likely underperform. Please check ACME Lithium's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether ACME Lithium's price patterns will revert.
Auto-correlation | 0.79 |
Good predictability
ACME Lithium has good predictability. Overlapping area represents the amount of predictability between ACME Lithium time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 ACME Lithium price movement. The serial correlation of 0.79 indicates that around 79.0% of current ACME Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ACME Lithium lagged returns against current returns
Autocorrelation, which is ACME Lithium 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 ACME Lithium's otc stock expected returns. We can calculate the autocorrelation of ACME Lithium returns to help us make a trade decision. For example, suppose you find that ACME Lithium 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 |
ACME Lithium 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 ACME Lithium otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACME Lithium otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACME Lithium otc stock over time.
Current vs Lagged Prices |
| Timeline |
ACME Lithium Lagged Returns
When evaluating ACME Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACME Lithium otc stock have on its future price. ACME Lithium 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, ACME Lithium autocorrelation shows the relationship between ACME Lithium otc stock current value and its past values and can show if there is a momentum factor associated with investing in ACME Lithium.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ACME OTC Stock
ACME Lithium financial ratios help investors to determine whether ACME 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 ACME with respect to the benefits of owning ACME Lithium security.