American Eagle Gold Stock Market Value
| AMEGF Stock | 0.67 0.05 6.94% |
| Symbol | American |
American Eagle '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 American Eagle'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 American Eagle.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in American Eagle on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding American Eagle Gold or generate 0.0% return on investment in American Eagle over 30 days. More
American Eagle 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 American Eagle'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 American Eagle Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.32 | |||
| Information Ratio | 0.1698 | |||
| Maximum Drawdown | 32.9 | |||
| Value At Risk | (6.94) | |||
| Potential Upside | 15.79 |
American Eagle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Eagle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Eagle's standard deviation. In reality, there are many statistical measures that can use American Eagle historical prices to predict the future American Eagle's volatility.| Risk Adjusted Performance | 0.1541 | |||
| Jensen Alpha | 1.12 | |||
| Total Risk Alpha | 0.1474 | |||
| Sortino Ratio | 0.1839 | |||
| Treynor Ratio | 0.9798 |
American Eagle Gold Backtested Returns
American Eagle is out of control given 3 months investment horizon. American Eagle Gold secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.51% are justified by taking the suggested risk. Use American Eagle mean deviation of 4.97, and Risk Adjusted Performance of 0.1541 to evaluate company specific risk that cannot be diversified away. American Eagle holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.32, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, American Eagle will likely underperform. Use American Eagle treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to analyze future returns on American Eagle.
Auto-correlation | 0.31 |
Below average predictability
American Eagle Gold has below average predictability. Overlapping area represents the amount of predictability between American Eagle time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 American Eagle Gold price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current American Eagle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Eagle Gold lagged returns against current returns
Autocorrelation, which is American Eagle 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 American Eagle's pink sheet expected returns. We can calculate the autocorrelation of American Eagle returns to help us make a trade decision. For example, suppose you find that American Eagle 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 |
American Eagle 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 American Eagle pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Eagle pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Eagle pink sheet over time.
Current vs Lagged Prices |
| Timeline |
American Eagle Lagged Returns
When evaluating American Eagle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Eagle pink sheet have on its future price. American Eagle 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, American Eagle autocorrelation shows the relationship between American Eagle pink sheet current value and its past values and can show if there is a momentum factor associated with investing in American Eagle Gold.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in American Pink Sheet
American Eagle financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Eagle security.