Andiamo Corp Stock Market Value
| ANDI Stock | USD 0.0001 0.00 0.00% |
| Symbol | Andiamo |
Andiamo Corp '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 Andiamo Corp'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 Andiamo Corp.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Andiamo Corp on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Andiamo Corp or generate 0.0% return on investment in Andiamo Corp over 30 days. Andiamo Corp is related to or competes with Webstar Technology, S A P, Tyler Technologies, Roper Technologies,, Cadence Design, PTC, and Grindr. Andiamo Corporation, through its subsidiaries, provides prepackaged software services More
Andiamo Corp 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 Andiamo Corp'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 Andiamo Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.124 |
Andiamo Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Andiamo Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Andiamo Corp's standard deviation. In reality, there are many statistical measures that can use Andiamo Corp historical prices to predict the future Andiamo Corp's volatility.| Risk Adjusted Performance | 0.1058 | |||
| Jensen Alpha | 10.2 | |||
| Total Risk Alpha | (4.07) | |||
| Treynor Ratio | 0.3482 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Andiamo Corp's 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.
Andiamo Corp Backtested Returns
Andiamo Corp is out of control given 3 months investment horizon. Andiamo Corp secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of standard deviation over the last 3 months. We were able to break down seventeen different technical indicators, which can help you to evaluate if expected returns of 15.38% are justified by taking the suggested risk. Use Andiamo Corp mean deviation of 30.76, and Risk Adjusted Performance of 0.1058 to evaluate company specific risk that cannot be diversified away. Andiamo Corp holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 44.85, 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, Andiamo Corp will likely underperform. Use Andiamo Corp standard deviation and the relationship between the jensen alpha and day typical price , to analyze future returns on Andiamo Corp.
Auto-correlation | 0.00 |
No correlation between past and present
Andiamo Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Andiamo Corp time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Andiamo Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Andiamo Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Andiamo Corp lagged returns against current returns
Autocorrelation, which is Andiamo Corp 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 Andiamo Corp's pink sheet expected returns. We can calculate the autocorrelation of Andiamo Corp returns to help us make a trade decision. For example, suppose you find that Andiamo Corp 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 |
Andiamo Corp 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 Andiamo Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Andiamo Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Andiamo Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Andiamo Corp Lagged Returns
When evaluating Andiamo Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Andiamo Corp pink sheet have on its future price. Andiamo Corp 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, Andiamo Corp autocorrelation shows the relationship between Andiamo Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Andiamo Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Andiamo Pink Sheet
Andiamo Corp financial ratios help investors to determine whether Andiamo 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 Andiamo with respect to the benefits of owning Andiamo Corp security.