Angle Plc Adr Stock Market Value
| ANPCY Stock | USD 0.07 0 2.38% |
| Symbol | Angle |
Angle PLC '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 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.
| 01/05/2025 |
| 12/31/2025 |
If you would invest 0.00 in Angle PLC on January 5, 2025 and sell it all today you would earn a total of 0.00 from holding Angle PLC ADR or generate 0.0% return on investment in Angle PLC over 360 days. Angle PLC is related to or competes with OpGen, First Physicians, Eco-Growth Strategies, and Eagle Pharmaceuticals. ANGLE plc, a medical diagnostic company, engages in developing cancer diagnostics products More
Angle PLC 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 Angle PLC's otc stock 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 Angle PLC ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 145.07 | |||
| Value At Risk | (26.67) | |||
| Potential Upside | 34.78 |
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.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.69) | |||
| Total Risk Alpha | (2.78) | |||
| Treynor Ratio | (2.24) |
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.
Angle PLC ADR Backtested Returns
Angle PLC ADR secures Sharpe Ratio (or Efficiency) of -0.0284, which signifies that the company had a -0.0284 % return per unit of standard deviation over the last 3 months. Angle PLC ADR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Angle PLC's mean deviation of 10.86, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Angle PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Angle PLC is expected to be smaller as well. At this point, Angle PLC ADR has a negative expected return of -0.6%. Please make sure to confirm Angle PLC's mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and rate of daily change , to decide if Angle PLC ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.79 |
Good predictability
Angle PLC ADR has good predictability. Overlapping area represents the amount of predictability between Angle PLC time series from 5th of January 2025 to 4th of July 2025 and 4th of July 2025 to 31st of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Angle PLC ADR price movement. The serial correlation of 0.79 indicates that around 79.0% of current Angle PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Angle PLC ADR lagged returns against current returns
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.
Current and Lagged Values |
| Timeline |
Angle PLC 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 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.
Current vs Lagged Prices |
| Timeline |
Angle PLC Lagged Returns
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 ADR.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Angle OTC Stock Analysis
When running Angle PLC's price analysis, check to measure Angle PLC's 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 Angle PLC is operating at the current time. Most of Angle PLC's value examination focuses on studying past and present price action to predict the probability of Angle PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angle PLC's price. Additionally, you may evaluate how the addition of Angle PLC to your portfolios can decrease your overall portfolio volatility.