Adf Group Stock Market Value
| ADFJF Stock | USD 6.34 0.14 2.26% |
| Symbol | ADF |
ADF '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 ADF's pink sheet 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 ADF.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in ADF on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding ADF Group or generate 0.0% return on investment in ADF over 30 days. ADF is related to or competes with South32, NioCorp Developments, HUMANA, SCOR PK, Ab Pennsylvania, Small Cap, and Thrivent High. ADF Group Inc. engages in the design and engineering of connections in Canada and the United States More
ADF 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 ADF's pink sheet 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 ADF Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 24.15 | |||
| Value At Risk | (6.44) | |||
| Potential Upside | 4.54 |
ADF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ADF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ADF's standard deviation. In reality, there are many statistical measures that can use ADF historical prices to predict the future ADF's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.70) | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | (0.37) |
ADF Group Backtested Returns
ADF Group secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. ADF Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ADF's Risk Adjusted Performance of (0.08), standard deviation of 4.27, and Mean Deviation of 2.9 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.41, 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, ADF will likely underperform. At this point, ADF Group has a negative expected return of -0.53%. Please make sure to confirm ADF's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if ADF Group performance from the past will be repeated at some future date.
Auto-correlation | 0.61 |
Good predictability
ADF Group has good predictability. Overlapping area represents the amount of predictability between ADF time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 ADF Group price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current ADF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
ADF Group lagged returns against current returns
Autocorrelation, which is ADF pink sheet'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 ADF's pink sheet expected returns. We can calculate the autocorrelation of ADF returns to help us make a trade decision. For example, suppose you find that ADF has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
ADF 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 ADF pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ADF pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ADF pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ADF Lagged Returns
When evaluating ADF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ADF pink sheet have on its future price. ADF 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, ADF autocorrelation shows the relationship between ADF pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ADF Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ADF Pink Sheet
ADF financial ratios help investors to determine whether ADF Pink Sheet 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 ADF with respect to the benefits of owning ADF security.