Amen Properties Stock Market Value
| AMEN Stock | USD 495.00 5.17 1.03% |
| Symbol | AMEN |
AMEN Properties '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 AMEN Properties' 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 AMEN Properties.
| 07/28/2024 |
| 01/19/2026 |
If you would invest 0.00 in AMEN Properties on July 28, 2024 and sell it all today you would earn a total of 0.00 from holding AMEN Properties or generate 0.0% return on investment in AMEN Properties over 540 days. AMEN Properties is related to or competes with Reserve Petroleum, Brookside Energy, Wilton Resources, Petro Victory, Prairie Provident, Eco Oil, and Laredo Oil. AMEN Properties, Inc. owns oil and gas royalty and working interests in various oil and gas properties in the United Sta... More
AMEN Properties 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 AMEN Properties' 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 AMEN Properties upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 9.85 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 2.0 |
AMEN Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMEN Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMEN Properties' standard deviation. In reality, there are many statistical measures that can use AMEN Properties historical prices to predict the future AMEN Properties' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AMEN Properties' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
AMEN Properties Backtested Returns
AMEN Properties secures Sharpe Ratio (or Efficiency) of -0.0101, which signifies that the company had a -0.0101 % return per unit of risk over the last 3 months. AMEN Properties exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AMEN Properties' Mean Deviation of 1.04, standard deviation of 1.67, and insignificant Risk Adjusted Performance to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AMEN Properties' returns are expected to increase less than the market. However, during the bear market, the loss of holding AMEN Properties is expected to be smaller as well. At this point, AMEN Properties has a negative expected return of -0.0171%. Please make sure to confirm AMEN Properties' treynor ratio, and the relationship between the variance and daily balance of power , to decide if AMEN Properties performance from the past will be repeated in the future.
Auto-correlation | 0.00 |
No correlation between past and present
AMEN Properties has no correlation between past and present. Overlapping area represents the amount of predictability between AMEN Properties time series from 28th of July 2024 to 24th of April 2025 and 24th of April 2025 to 19th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AMEN Properties price movement. The serial correlation of 0.0 indicates that just 0.0% of current AMEN Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 252.6 |
AMEN Properties lagged returns against current returns
Autocorrelation, which is AMEN Properties 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 AMEN Properties' pink sheet expected returns. We can calculate the autocorrelation of AMEN Properties returns to help us make a trade decision. For example, suppose you find that AMEN Properties 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 |
AMEN Properties 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 AMEN Properties pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMEN Properties pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMEN Properties pink sheet over time.
Current vs Lagged Prices |
| Timeline |
AMEN Properties Lagged Returns
When evaluating AMEN Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMEN Properties pink sheet have on its future price. AMEN Properties 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, AMEN Properties autocorrelation shows the relationship between AMEN Properties pink sheet current value and its past values and can show if there is a momentum factor associated with investing in AMEN Properties.
Regressed Prices |
| Timeline |
Pair Trading with AMEN Properties
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AMEN Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AMEN Properties will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to AMEN Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMEN Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AMEN Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AMEN Properties to buy it.
The correlation of AMEN Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AMEN Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMEN Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AMEN Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in AMEN Pink Sheet
AMEN Properties financial ratios help investors to determine whether AMEN 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 AMEN with respect to the benefits of owning AMEN Properties security.