Ackroo Inc Stock Market Value
| AKRFF Stock | USD 0.08 0.01 8.53% |
| Symbol | Ackroo |
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 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 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 Salesforce, S A P, ServiceNow, Intuit, Uber Technologies, Shopify, and Applovin Corp. Ackroo Inc. develops and sells an online loyalty and rewards platform that enables businesses to design and execute cust... 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 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 Ackroo Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 26.01 |
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 | 0.003 | |||
| Jensen Alpha | 0.0866 | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | 0.0337 |
Ackroo Inc Backtested Returns
Ackroo Inc secures Sharpe Ratio (or Efficiency) of -0.0066, which signifies that the company had a -0.0066% return per unit of risk over the last 3 months. Ackroo Inc exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ackroo's Standard Deviation of 3.65, risk adjusted performance of 0.003, and Mean Deviation of 0.88 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.99, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Ackroo are expected to decrease slowly. On the other hand, during market turmoil, Ackroo is expected to outperform it slightly. At this point, Ackroo Inc has a negative expected return of -0.0246%. Please make sure to confirm Ackroo's information ratio and the relationship between the skewness and price action indicator , to decide if Ackroo Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Ackroo Inc has good 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 -0.56 indicates that roughly 56.0% of current Ackroo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ackroo Inc lagged returns against current returns
Autocorrelation, which is Ackroo 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 Ackroo's pink sheet 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 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 |
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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ackroo pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ackroo pink sheet 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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ackroo Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ackroo Pink Sheet
Ackroo financial ratios help investors to determine whether Ackroo 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 Ackroo with respect to the benefits of owning Ackroo security.