Audio Pixels (Australia) Market Value

Symbol

Audio

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 Audio Pixels' 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 Audio Pixels.

Audio Pixels Upside/Downside Indicators

Audio Pixels Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Audio Pixels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Audio Pixels' standard deviation. In reality, there are many statistical measures that can use Audio Pixels historical prices to predict the future Audio Pixels' volatility.

Autocorrelation, which is Audio Pixels 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 Audio Pixels' stock expected returns. We can calculate the autocorrelation of Audio Pixels returns to help us make a trade decision. For example, suppose you find that Audio Pixels 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Audio Pixels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Audio Pixels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Audio Pixels stock over time.

When evaluating Audio Pixels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Audio Pixels stock have on its future price. Audio Pixels 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, Audio Pixels autocorrelation shows the relationship between Audio Pixels stock current value and its past values and can show if there is a momentum factor associated with investing in Audio Pixels Holdings.

When running Audio Pixels' price analysis, check to measure Audio Pixels' 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 Audio Pixels is operating at the current time. Most of Audio Pixels' value examination focuses on studying past and present price action to predict the probability of Audio Pixels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Audio Pixels' price. Additionally, you may evaluate how the addition of Audio Pixels to your portfolios can decrease your overall portfolio volatility.