Amaero International Stock Market Value
| AMROF Stock | USD 0.25 0.01 3.85% |
| Symbol | Amaero |
Amaero International '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 Amaero International'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 Amaero International.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Amaero International on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Amaero International or generate 0.0% return on investment in Amaero International over 180 days. Amaero International is related to or competes with Parker Hannifin, Eaton PLC, Dover, Illinois Tool, and Emerson Electric. Amaero International Ltd engages in the research, development, manufacture, and sale of laser-based metal additive produ... More
Amaero International 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 Amaero International'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 Amaero International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 7.85 |
Amaero International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amaero International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amaero International's standard deviation. In reality, there are many statistical measures that can use Amaero International historical prices to predict the future Amaero International's volatility.| Risk Adjusted Performance | 0.0058 | |||
| Jensen Alpha | 0.0042 | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.0674 |
Amaero International Backtested Returns
At this point, Amaero International is extremely dangerous. Amaero International secures Sharpe Ratio (or Efficiency) of 0.0049, which signifies that the company had a 0.0049% return per unit of standard deviation over the last 3 months. We have found twenty technical indicators for Amaero International, which you can use to evaluate the volatility of the firm. Please confirm Amaero International's mean deviation of 0.2421, and Risk Adjusted Performance of 0.0058 to double-check if the risk estimate we provide is consistent with the expected return of 0.0048%. The firm shows a Beta (market volatility) of -0.0792, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Amaero International are expected to decrease at a much lower rate. During the bear market, Amaero International is likely to outperform the market. Amaero International right now shows a risk of 0.99%. Please confirm Amaero International standard deviation and the relationship between the total risk alpha and period momentum indicator , to decide if Amaero International will be following its price patterns.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Amaero International has insignificant reverse predictability. Overlapping area represents the amount of predictability between Amaero International time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Amaero International price movement. The serial correlation of -0.17 indicates that over 17.0% of current Amaero International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Amaero International lagged returns against current returns
Autocorrelation, which is Amaero International 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 Amaero International's pink sheet expected returns. We can calculate the autocorrelation of Amaero International returns to help us make a trade decision. For example, suppose you find that Amaero International 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 |
Amaero International 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 Amaero International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amaero International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amaero International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Amaero International Lagged Returns
When evaluating Amaero International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amaero International pink sheet have on its future price. Amaero International 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, Amaero International autocorrelation shows the relationship between Amaero International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Amaero International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Amaero Pink Sheet
Amaero International financial ratios help investors to determine whether Amaero 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 Amaero with respect to the benefits of owning Amaero International security.