Ackroo Inc Stock Market Value
| AKR Stock | CAD 0.13 0.01 8.33% |
| Symbol | Ackroo |
Ackroo Inc Price To Book Ratio
Ackroo '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 Ackroo's 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 Ackroo.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ackroo on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ackroo Inc or generate 0.0% return on investment in Ackroo over 30 days. Ackroo is related to or competes with AirIQ, NamSys, and Renoworks Software. Ackroo Inc. engages in the development and sale of an online loyalty and rewards platform that enables businesses to des... More
Ackroo 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 Ackroo's stock 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 Ackroo Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.32 | |||
| Information Ratio | 0.0491 | |||
| Maximum Drawdown | 62.63 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 9.09 |
Ackroo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ackroo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ackroo's standard deviation. In reality, there are many statistical measures that can use Ackroo historical prices to predict the future Ackroo's volatility.| Risk Adjusted Performance | 0.06 | |||
| Jensen Alpha | 0.3707 | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | 0.029 | |||
| Treynor Ratio | 0.5373 |
Ackroo Inc Backtested Returns
Ackroo appears to be out of control, given 3 months investment horizon. Ackroo Inc secures Sharpe Ratio (or Efficiency) of 0.0689, which signifies that the company had a 0.0689% return per unit of risk over the last 3 months. By analyzing Ackroo's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Ackroo's Mean Deviation of 3.12, risk adjusted performance of 0.06, and Downside Deviation of 12.32 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ackroo holds a performance score of 5. The firm shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. Ackroo returns are very sensitive to returns on the market. As the market goes up or down, Ackroo is expected to follow. Please check Ackroo's jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Ackroo's price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Ackroo Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Ackroo time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 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 Ackroo Inc price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Ackroo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ackroo Inc lagged returns against current returns
Autocorrelation, which is Ackroo 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 Ackroo's stock expected returns. We can calculate the autocorrelation of Ackroo returns to help us make a trade decision. For example, suppose you find that Ackroo 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.
Current and Lagged Values |
| Timeline |
Ackroo 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 Ackroo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ackroo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ackroo stock over time.
Current vs Lagged Prices |
| Timeline |
Ackroo Lagged Returns
When evaluating Ackroo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ackroo stock have on its future price. Ackroo 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, Ackroo autocorrelation shows the relationship between Ackroo stock current value and its past values and can show if there is a momentum factor associated with investing in Ackroo Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Ackroo Stock Analysis
When running Ackroo's price analysis, check to measure Ackroo's 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 Ackroo is operating at the current time. Most of Ackroo's value examination focuses on studying past and present price action to predict the probability of Ackroo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ackroo's price. Additionally, you may evaluate how the addition of Ackroo to your portfolios can decrease your overall portfolio volatility.