Absolute Health And Stock Market Value
| AHFI Stock | USD 0.0001 0.00 0.00% |
| Symbol | Absolute |
Absolute Health '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 Absolute Health'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 Absolute Health.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Absolute Health on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Absolute Health and or generate 0.0% return on investment in Absolute Health over 720 days. Absolute Health and Fitness, Inc. was formerly known as Ornate Holdings, Inc More
Absolute Health 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 Absolute Health'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 Absolute Health and upside and downside potential and time the market with a certain degree of confidence.
Absolute Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Absolute Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Absolute Health's standard deviation. In reality, there are many statistical measures that can use Absolute Health historical prices to predict the future Absolute Health's volatility.Absolute Health Backtested Returns
Absolute Health is out of control given 3 months investment horizon. Absolute Health secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for five different technical indicators, which can help you to evaluate if expected returns of 14.06% are justified by taking the suggested risk. Use Absolute Health Day Median Price of 1.0E-4, price action indicator of 1.0E-4, and Daily Balance Of Power of 9.2 T to evaluate company specific risk that cannot be diversified away. Absolute Health holds a performance score of 8 on a scale of zero to a hundred. 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 Absolute Health are completely uncorrelated. Use Absolute Health daily balance of power , to analyze future returns on Absolute Health.
Auto-correlation | 0.25 |
Poor predictability
Absolute Health and has poor predictability. Overlapping area represents the amount of predictability between Absolute Health time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Absolute Health price movement. The serial correlation of 0.25 indicates that over 25.0% of current Absolute Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Absolute Health lagged returns against current returns
Autocorrelation, which is Absolute Health 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 Absolute Health's pink sheet expected returns. We can calculate the autocorrelation of Absolute Health returns to help us make a trade decision. For example, suppose you find that Absolute Health 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 |
Absolute Health 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 Absolute Health pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Absolute Health pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Absolute Health pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Absolute Health Lagged Returns
When evaluating Absolute Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Absolute Health pink sheet have on its future price. Absolute Health 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, Absolute Health autocorrelation shows the relationship between Absolute Health pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Absolute Health and.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Absolute Pink Sheet
Absolute Health financial ratios help investors to determine whether Absolute 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 Absolute with respect to the benefits of owning Absolute Health security.