Akebono Brake Industry Stock Market Value
| AKBIF Stock | USD 0.84 0.00 0.00% |
| Symbol | Akebono |
Akebono Brake '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 Akebono Brake'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 Akebono Brake.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Akebono Brake on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Akebono Brake Industry or generate 0.0% return on investment in Akebono Brake over 30 days. Akebono Brake is related to or competes with Ross Stores, Nasdaq, Kite Realty, Sabra Healthcare, Western Acquisition, and Alchemy Investments. Akebono Brake Industry Co., Ltd. researches, develops, manufactures, and sells brakes, and related components and parts ... More
Akebono Brake 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 Akebono Brake'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 Akebono Brake Industry upside and downside potential and time the market with a certain degree of confidence.
Akebono Brake Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akebono Brake's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akebono Brake's standard deviation. In reality, there are many statistical measures that can use Akebono Brake historical prices to predict the future Akebono Brake's volatility.Akebono Brake Industry Backtested Returns
We have found three technical indicators for Akebono Brake Industry, 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 Akebono Brake are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Akebono Brake Industry has no correlation between past and present. Overlapping area represents the amount of predictability between Akebono Brake time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Akebono Brake Industry price movement. The serial correlation of 0.0 indicates that just 0.0% of current Akebono Brake price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Akebono Brake Industry lagged returns against current returns
Autocorrelation, which is Akebono Brake 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 Akebono Brake's pink sheet expected returns. We can calculate the autocorrelation of Akebono Brake returns to help us make a trade decision. For example, suppose you find that Akebono Brake 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 |
Akebono Brake 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 Akebono Brake pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akebono Brake pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akebono Brake pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Akebono Brake Lagged Returns
When evaluating Akebono Brake's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akebono Brake pink sheet have on its future price. Akebono Brake 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, Akebono Brake autocorrelation shows the relationship between Akebono Brake pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Akebono Brake Industry.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Akebono Pink Sheet
Akebono Brake financial ratios help investors to determine whether Akebono 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 Akebono with respect to the benefits of owning Akebono Brake security.