Accelleron Industries (Switzerland) Market Value
| ACLN Stock | 49.22 0.36 0.73% |
| Symbol | Accelleron |
Accelleron Industries '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 Accelleron Industries' 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 Accelleron Industries.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Accelleron Industries on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Accelleron Industries AG or generate 0.0% return on investment in Accelleron Industries over 90 days. Accelleron Industries is related to or competes with ABB, Holcim AG, Swiss Life, Swiss Re, and Zurich Insurance. More
Accelleron Industries 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 Accelleron Industries' 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 Accelleron Industries AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.0466 | |||
| Maximum Drawdown | 7.59 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 2.71 |
Accelleron Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Accelleron Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Accelleron Industries' standard deviation. In reality, there are many statistical measures that can use Accelleron Industries historical prices to predict the future Accelleron Industries' volatility.| Risk Adjusted Performance | 0.1103 | |||
| Jensen Alpha | 0.1956 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0499 | |||
| Treynor Ratio | (2.50) |
Accelleron Industries Backtested Returns
Accelleron Industries appears to be out of control, given 3 months investment horizon. Accelleron Industries secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Accelleron Industries AG, which you can use to evaluate the volatility of the firm. Please makes use of Accelleron Industries' mean deviation of 1.12, and Risk Adjusted Performance of 0.1103 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Accelleron Industries holds a performance score of 10. The firm shows a Beta (market volatility) of -0.0746, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Accelleron Industries are expected to decrease at a much lower rate. During the bear market, Accelleron Industries is likely to outperform the market. Please check Accelleron Industries' market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Accelleron Industries' price patterns will revert.
Auto-correlation | 0.70 |
Good predictability
Accelleron Industries AG has good predictability. Overlapping area represents the amount of predictability between Accelleron Industries time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Accelleron Industries price movement. The serial correlation of 0.7 indicates that around 70.0% of current Accelleron Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 2.29 |
Accelleron Industries lagged returns against current returns
Autocorrelation, which is Accelleron Industries 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 Accelleron Industries' stock expected returns. We can calculate the autocorrelation of Accelleron Industries returns to help us make a trade decision. For example, suppose you find that Accelleron Industries 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 |
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Accelleron Industries 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 Accelleron Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Accelleron Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Accelleron Industries stock over time.
Current vs Lagged Prices |
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Accelleron Industries Lagged Returns
When evaluating Accelleron Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Accelleron Industries stock have on its future price. Accelleron Industries 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, Accelleron Industries autocorrelation shows the relationship between Accelleron Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Accelleron Industries AG.
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.Additional Tools for Accelleron Stock Analysis
When running Accelleron Industries' price analysis, check to measure Accelleron Industries' 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 Accelleron Industries is operating at the current time. Most of Accelleron Industries' value examination focuses on studying past and present price action to predict the probability of Accelleron Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accelleron Industries' price. Additionally, you may evaluate how the addition of Accelleron Industries to your portfolios can decrease your overall portfolio volatility.