Angle Plc Stock Market Value

Symbol

ANGLE

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 ANGLE Plc's otc stock 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 ANGLE Plc.

ANGLE Plc Upside/Downside Indicators

ANGLE Plc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ANGLE Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANGLE Plc's standard deviation. In reality, there are many statistical measures that can use ANGLE Plc historical prices to predict the future ANGLE Plc's volatility.

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ANGLE Plc'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.

Autocorrelation, which is ANGLE Plc otc stock'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 ANGLE Plc's otc stock expected returns. We can calculate the autocorrelation of ANGLE Plc returns to help us make a trade decision. For example, suppose you find that ANGLE Plc has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ANGLE Plc otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANGLE Plc otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANGLE Plc otc stock over time.

When evaluating ANGLE Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANGLE Plc otc stock have on its future price. ANGLE Plc 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, ANGLE Plc autocorrelation shows the relationship between ANGLE Plc otc stock current value and its past values and can show if there is a momentum factor associated with investing in ANGLE plc.

ANGLE Plc financial ratios help investors to determine whether ANGLE OTC Stock 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 ANGLE with respect to the benefits of owning ANGLE Plc security.