Accesso Technology's market value is the price at which a share of Accesso Technology trades on a public exchange. It measures the collective expectations of Accesso Technology Group investors about its performance. Accesso Technology is selling for under 520.00 as of the 9th of January 2025; that is 0.39 percent increase since the beginning of the trading day. The stock's lowest day price was 506.78. With this module, you can estimate the performance of a buy and hold strategy of Accesso Technology Group and determine expected loss or profit from investing in Accesso Technology over a given investment horizon. Check out Accesso Technology Correlation, Accesso Technology Volatility and Accesso Technology Alpha and Beta module to complement your research on Accesso Technology.
Please note, there is a significant difference between Accesso Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accesso Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accesso Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Accesso Technology '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 Accesso Technology'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 Accesso Technology.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Accesso Technology'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 Accesso Technology Group upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Accesso Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Accesso Technology's standard deviation. In reality, there are many statistical measures that can use Accesso Technology historical prices to predict the future Accesso Technology's volatility.
Currently, Accesso Technology Group is very steady. Accesso Technology secures Sharpe Ratio (or Efficiency) of 0.0018, which signifies that the company had a 0.0018% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Accesso Technology Group, which you can use to evaluate the volatility of the firm. Please confirm Accesso Technology's risk adjusted performance of 0.024, and Mean Deviation of 1.76 to double-check if the risk estimate we provide is consistent with the expected return of 0.0042%. The firm shows a Beta (market volatility) of -0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Accesso Technology are expected to decrease at a much lower rate. During the bear market, Accesso Technology is likely to outperform the market. Accesso Technology right now shows a risk of 2.42%. Please confirm Accesso Technology market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Accesso Technology will be following its price patterns.
Auto-correlation
0.42
Average predictability
Accesso Technology Group has average predictability. Overlapping area represents the amount of predictability between Accesso Technology time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Accesso Technology price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Accesso Technology price fluctuation can be explain by its past prices.
Correlation Coefficient
0.42
Spearman Rank Test
0.12
Residual Average
0.0
Price Variance
6938.15
Accesso Technology lagged returns against current returns
Autocorrelation, which is Accesso Technology 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 Accesso Technology's stock expected returns. We can calculate the autocorrelation of Accesso Technology returns to help us make a trade decision. For example, suppose you find that Accesso Technology 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
Accesso Technology 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 Accesso Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Accesso Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Accesso Technology stock over time.
Current vs Lagged Prices
Timeline
Accesso Technology Lagged Returns
When evaluating Accesso Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Accesso Technology stock have on its future price. Accesso Technology 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, Accesso Technology autocorrelation shows the relationship between Accesso Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Accesso Technology Group.
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.
When running Accesso Technology's price analysis, check to measure Accesso Technology'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 Accesso Technology is operating at the current time. Most of Accesso Technology's value examination focuses on studying past and present price action to predict the probability of Accesso Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accesso Technology's price. Additionally, you may evaluate how the addition of Accesso Technology to your portfolios can decrease your overall portfolio volatility.