Adcore Inc Stock Market Value
| ADCOF Stock | USD 0.27 0.01 3.85% |
| Symbol | Adcore |
Adcore '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 Adcore'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 Adcore.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Adcore on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Adcore Inc or generate 0.0% return on investment in Adcore over 720 days. Adcore is related to or competes with CurrentC Power, Agent Information, BASE, 01 Communique, LifeSpeak, RESAAS Services, and NameSilo Technologies. Adcore Inc. operates as an e-commerce advertising management and automation platform in the Asia-Pacific, Europe, the Mi... More
Adcore 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 Adcore'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 Adcore Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1633 | |||
| Maximum Drawdown | 57.14 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 10.33 |
Adcore Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adcore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adcore's standard deviation. In reality, there are many statistical measures that can use Adcore historical prices to predict the future Adcore's volatility.Adcore Inc Backtested Returns
Adcore is out of control given 3 months investment horizon. Adcore Inc secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17 % return per unit of standard deviation over the last 3 months. We were able to break down and interpolate data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.55% are justified by taking the suggested risk. Use Adcore risk adjusted performance of 0.1257, and Mean Deviation of 4.42 to evaluate company specific risk that cannot be diversified away. Adcore holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Adcore's returns are expected to increase less than the market. However, during the bear market, the loss of holding Adcore is expected to be smaller as well. Use Adcore coefficient of variation, value at risk, rate of daily change, as well as the relationship between the total risk alpha and kurtosis , to analyze future returns on Adcore.
Auto-correlation | 0.03 |
Virtually no predictability
Adcore Inc has virtually no predictability. Overlapping area represents the amount of predictability between Adcore time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 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 Adcore Inc price movement. The serial correlation of 0.03 indicates that only 3.0% of current Adcore price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Adcore Inc lagged returns against current returns
Autocorrelation, which is Adcore 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 Adcore's otc stock expected returns. We can calculate the autocorrelation of Adcore returns to help us make a trade decision. For example, suppose you find that Adcore 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 |
Adcore 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 Adcore otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adcore otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adcore otc stock over time.
Current vs Lagged Prices |
| Timeline |
Adcore Lagged Returns
When evaluating Adcore's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adcore otc stock have on its future price. Adcore 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, Adcore autocorrelation shows the relationship between Adcore otc stock current value and its past values and can show if there is a momentum factor associated with investing in Adcore Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Adcore OTC Stock
Adcore financial ratios help investors to determine whether Adcore 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 Adcore with respect to the benefits of owning Adcore security.