Maxx Sports Tv Stock Market Value
| AMXX Stock | USD 0.03 0.00 0.00% |
| Symbol | Maxx |
Maxx Sports '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 Maxx Sports' 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 Maxx Sports.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Maxx Sports on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Maxx Sports TV or generate 0.0% return on investment in Maxx Sports over 30 days. Maxx Sports is related to or competes with American Picture. Maxx Sports TV Inc. manufactures and sells workstations, tables, sit-to-stand products, and storage products in the Unit... More
Maxx Sports 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 Maxx Sports' 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 Maxx Sports TV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0617 | |||
| Maximum Drawdown | 190.48 |
Maxx Sports Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maxx Sports' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maxx Sports' standard deviation. In reality, there are many statistical measures that can use Maxx Sports historical prices to predict the future Maxx Sports' volatility.| Risk Adjusted Performance | 0.062 | |||
| Jensen Alpha | 0.5351 | |||
| Total Risk Alpha | (1.63) | |||
| Treynor Ratio | 0.2049 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Maxx Sports' 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.
Maxx Sports TV Backtested Returns
Maxx Sports is out of control given 3 months investment horizon. Maxx Sports TV has Sharpe Ratio of 0.0702, which conveys that the firm had a 0.0702% return per unit of risk over the last 3 months. We have analyzed and interpolated sixteen different technical indicators, which can help you to evaluate if expected returns of 1.34% are justified by taking the suggested risk. Use Maxx Sports TV Risk Adjusted Performance of 0.062, mean deviation of 4.97, and Standard Deviation of 18.68 to evaluate company specific risk that cannot be diversified away. Maxx Sports holds a performance score of 5 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 6.2, which conveys 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, Maxx Sports will likely underperform. Use Maxx Sports TV risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and day median price , to analyze future returns on Maxx Sports TV.
Auto-correlation | 0.00 |
No correlation between past and present
Maxx Sports TV has no correlation between past and present. Overlapping area represents the amount of predictability between Maxx Sports 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 Maxx Sports TV price movement. The serial correlation of 0.0 indicates that just 0.0% of current Maxx Sports price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Maxx Sports TV lagged returns against current returns
Autocorrelation, which is Maxx Sports 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 Maxx Sports' pink sheet expected returns. We can calculate the autocorrelation of Maxx Sports returns to help us make a trade decision. For example, suppose you find that Maxx Sports 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 |
Maxx Sports 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 Maxx Sports pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maxx Sports pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maxx Sports pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Maxx Sports Lagged Returns
When evaluating Maxx Sports' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maxx Sports pink sheet have on its future price. Maxx Sports 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, Maxx Sports autocorrelation shows the relationship between Maxx Sports pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Maxx Sports TV.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Maxx Pink Sheet Analysis
When running Maxx Sports' price analysis, check to measure Maxx Sports' 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 Maxx Sports is operating at the current time. Most of Maxx Sports' value examination focuses on studying past and present price action to predict the probability of Maxx Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maxx Sports' price. Additionally, you may evaluate how the addition of Maxx Sports to your portfolios can decrease your overall portfolio volatility.