Abb Turbo Systems Stock Market Value
| ACLIF Stock | USD 77.00 0.00 0.00% |
| Symbol | ABB |
ABB Turbo '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 ABB Turbo'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 ABB Turbo.
| 01/26/2024 |
| 01/15/2026 |
If you would invest 0.00 in ABB Turbo on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding ABB Turbo Systems or generate 0.0% return on investment in ABB Turbo over 720 days. ABB Turbo is related to or competes with Auckland International, BELIMO Holding, Fincantieri SpA, Shimizu Corp, Konecranes Abp, NIBE Industrier, and Localiza Rent. Accelleron Industries AG designs, manufactures, sells, and services customized turbochargers and digital solutions world... More
ABB Turbo 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 ABB Turbo'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 ABB Turbo Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 5.4 |
ABB Turbo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ABB Turbo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ABB Turbo's standard deviation. In reality, there are many statistical measures that can use ABB Turbo historical prices to predict the future ABB Turbo's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 0.9863 |
ABB Turbo Systems Backtested Returns
ABB Turbo Systems retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the company had a -0.11 % return per unit of risk over the last 3 months. ABB Turbo exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ABB Turbo's variance of 0.4947, and Market Risk Adjusted Performance of 0.9963 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.0891, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ABB Turbo are expected to decrease at a much lower rate. During the bear market, ABB Turbo is likely to outperform the market. At this point, ABB Turbo Systems has a negative expected return of -0.0779%. Please make sure to confirm ABB Turbo's information ratio, and the relationship between the coefficient of variation and skewness , to decide if ABB Turbo Systems performance from the past will be repeated at some future date.
Auto-correlation | 0.83 |
Very good predictability
ABB Turbo Systems has very good predictability. Overlapping area represents the amount of predictability between ABB Turbo time series from 26th of January 2024 to 20th of January 2025 and 20th of January 2025 to 15th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ABB Turbo Systems price movement. The serial correlation of 0.83 indicates that around 83.0% of current ABB Turbo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 303.74 |
ABB Turbo Systems lagged returns against current returns
Autocorrelation, which is ABB Turbo 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 ABB Turbo's otc stock expected returns. We can calculate the autocorrelation of ABB Turbo returns to help us make a trade decision. For example, suppose you find that ABB Turbo 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 |
ABB Turbo 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 ABB Turbo otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ABB Turbo otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ABB Turbo otc stock over time.
Current vs Lagged Prices |
| Timeline |
ABB Turbo Lagged Returns
When evaluating ABB Turbo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ABB Turbo otc stock have on its future price. ABB Turbo 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, ABB Turbo autocorrelation shows the relationship between ABB Turbo otc stock current value and its past values and can show if there is a momentum factor associated with investing in ABB Turbo Systems.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ABB OTC Stock
ABB Turbo financial ratios help investors to determine whether ABB 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 ABB with respect to the benefits of owning ABB Turbo security.