Afc Energy Plc Stock Market Value
| AFGYF Stock | USD 0.12 0.01 7.69% |
| Symbol | AFC |
AFC Energy '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 AFC Energy'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 AFC Energy.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in AFC Energy on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding AFC Energy plc or generate 0.0% return on investment in AFC Energy over 720 days. AFC Energy is related to or competes with FREYR Battery, NVent Electric, Hubbell, Advanced Energy, Vertiv Holdings, Energizer Holdings, and NeoVolta Common. AFC Energy plc engages in the development of alkaline fuel cell technology and allied equipment for the generation of cl... More
AFC Energy 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 AFC Energy'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 AFC Energy plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 41.56 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 9.09 |
AFC Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AFC Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AFC Energy's standard deviation. In reality, there are many statistical measures that can use AFC Energy historical prices to predict the future AFC Energy's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (1.43) | |||
| Treynor Ratio | 0.3637 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AFC Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
AFC Energy plc Backtested Returns
AFC Energy plc retains Efficiency (Sharpe Ratio) of -0.0646, which signifies that the company had a -0.0646% return per unit of risk over the last 3 months. AFC Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AFC Energy's market risk adjusted performance of 0.3737, and Variance of 41.66 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -1.15, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning AFC Energy are expected to decrease slowly. On the other hand, during market turmoil, AFC Energy is expected to outperform it slightly. At this point, AFC Energy plc has a negative expected return of -0.43%. Please make sure to confirm AFC Energy's standard deviation and the relationship between the treynor ratio and day median price , to decide if AFC Energy plc performance from the past will be repeated at some future date.
Auto-correlation | 0.35 |
Below average predictability
AFC Energy plc has below average predictability. Overlapping area represents the amount of predictability between AFC Energy time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 AFC Energy plc price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current AFC Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AFC Energy plc lagged returns against current returns
Autocorrelation, which is AFC Energy 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 AFC Energy's pink sheet expected returns. We can calculate the autocorrelation of AFC Energy returns to help us make a trade decision. For example, suppose you find that AFC Energy 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 |
AFC Energy 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 AFC Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AFC Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AFC Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
AFC Energy Lagged Returns
When evaluating AFC Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AFC Energy pink sheet have on its future price. AFC Energy 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, AFC Energy autocorrelation shows the relationship between AFC Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in AFC Energy plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AFC Pink Sheet
AFC Energy financial ratios help investors to determine whether AFC 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 AFC with respect to the benefits of owning AFC Energy security.