Adslot (Australia) Market Value
| ADS Stock | 0 0.00 0.00% |
| Symbol | Adslot |
Adslot '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 Adslot'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 Adslot.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Adslot on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Adslot or generate 0.0% return on investment in Adslot over 540 days. Adslot is related to or competes with Lendlease, Step One, and Treasury Wine. Adslot is entity of Australia. It is traded as Stock on AU exchange. More
Adslot 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 Adslot'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 Adslot upside and downside potential and time the market with a certain degree of confidence.
Adslot Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adslot's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adslot's standard deviation. In reality, there are many statistical measures that can use Adslot historical prices to predict the future Adslot's volatility.Adslot Backtested Returns
We have found three technical indicators for Adslot, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Adslot are completely uncorrelated.
Auto-correlation | 0.39 |
Below average predictability
Adslot has below average predictability. Overlapping area represents the amount of predictability between Adslot time series from 10th of June 2023 to 6th of March 2024 and 6th of March 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 Adslot price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Adslot price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Adslot lagged returns against current returns
Autocorrelation, which is Adslot 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 Adslot's stock expected returns. We can calculate the autocorrelation of Adslot returns to help us make a trade decision. For example, suppose you find that Adslot 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 |
Adslot 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 Adslot stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adslot stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adslot stock over time.
Current vs Lagged Prices |
| Timeline |
Adslot Lagged Returns
When evaluating Adslot's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adslot stock have on its future price. Adslot 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, Adslot autocorrelation shows the relationship between Adslot stock current value and its past values and can show if there is a momentum factor associated with investing in Adslot.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Adslot Stock Analysis
When running Adslot's price analysis, check to measure Adslot'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 Adslot is operating at the current time. Most of Adslot's value examination focuses on studying past and present price action to predict the probability of Adslot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adslot's price. Additionally, you may evaluate how the addition of Adslot to your portfolios can decrease your overall portfolio volatility.