Agtech Holdings Limited Stock Market Value
| AGTEF Stock | USD 0.02 0 17.86% |
| Symbol | AGTech |
AGTech Holdings '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 AGTech Holdings' 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 AGTech Holdings.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in AGTech Holdings on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding AGTech Holdings Limited or generate 0.0% return on investment in AGTech Holdings over 90 days. AGTech Holdings is related to or competes with Light Wonder, Everi Holdings, PlayAGS, Accel Entertainment, Churchill Downs, International Game, and Gan. AGTech Holdings Limited, an integrated technology and services company, engages in the lottery, and mobile games and ent... More
AGTech Holdings 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 AGTech Holdings' 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 AGTech Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.091 | |||
| Maximum Drawdown | 234.04 |
AGTech Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGTech Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGTech Holdings' standard deviation. In reality, there are many statistical measures that can use AGTech Holdings historical prices to predict the future AGTech Holdings' volatility.| Risk Adjusted Performance | 0.0828 | |||
| Jensen Alpha | 2.04 | |||
| Total Risk Alpha | (1.63) | |||
| Treynor Ratio | 0.4346 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AGTech Holdings' 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.
AGTech Holdings Backtested Returns
AGTech Holdings is out of control given 3 months investment horizon. AGTech Holdings secures Sharpe Ratio (or Efficiency) of 0.0953, which signifies that the company had a 0.0953% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty different technical indicators, which can help you to evaluate if expected returns of 2.79% are justified by taking the suggested risk. Use AGTech Holdings mean deviation of 9.09, and Risk Adjusted Performance of 0.0828 to evaluate company specific risk that cannot be diversified away. AGTech Holdings holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 6.4, 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, AGTech Holdings will likely underperform. Use AGTech Holdings kurtosis, as well as the relationship between the day median price and period momentum indicator , to analyze future returns on AGTech Holdings.
Auto-correlation | 0.26 |
Poor predictability
AGTech Holdings Limited has poor predictability. Overlapping area represents the amount of predictability between AGTech Holdings time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 AGTech Holdings price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current AGTech Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AGTech Holdings lagged returns against current returns
Autocorrelation, which is AGTech Holdings 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 AGTech Holdings' pink sheet expected returns. We can calculate the autocorrelation of AGTech Holdings returns to help us make a trade decision. For example, suppose you find that AGTech Holdings 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 |
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AGTech Holdings 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 AGTech Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGTech Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGTech Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
AGTech Holdings Lagged Returns
When evaluating AGTech Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGTech Holdings pink sheet have on its future price. AGTech Holdings 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, AGTech Holdings autocorrelation shows the relationship between AGTech Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in AGTech Holdings Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AGTech Pink Sheet
AGTech Holdings financial ratios help investors to determine whether AGTech 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 AGTech with respect to the benefits of owning AGTech Holdings security.