ActiveOps PLC (UK) Market Value
| AOM Stock | 110.00 2.50 2.22% |
| Symbol | ActiveOps |
ActiveOps 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 ActiveOps PLC's 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 ActiveOps PLC.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in ActiveOps PLC on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding ActiveOps PLC or generate 0.0% return on investment in ActiveOps PLC over 30 days. ActiveOps PLC is related to or competes with Lloyds Banking, SANTANDER, Vodafone Group, and Vodafone Group. ActiveOps PLC is entity of United Kingdom More
ActiveOps 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 ActiveOps PLC's 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 ActiveOps PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 17.02 | |||
| Value At Risk | (3.02) | |||
| Potential Upside | 3.11 |
ActiveOps PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ActiveOps PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ActiveOps PLC's standard deviation. In reality, there are many statistical measures that can use ActiveOps PLC historical prices to predict the future ActiveOps PLC's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | 6.73 |
ActiveOps PLC Backtested Returns
ActiveOps PLC secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. ActiveOps PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ActiveOps PLC's Risk Adjusted Performance of (0.09), mean deviation of 1.1, and Standard Deviation of 2.23 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0437, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ActiveOps PLC are expected to decrease at a much lower rate. During the bear market, ActiveOps PLC is likely to outperform the market. At this point, ActiveOps PLC has a negative expected return of -0.29%. Please make sure to confirm ActiveOps PLC's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if ActiveOps PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
ActiveOps PLC has virtually no predictability. Overlapping area represents the amount of predictability between ActiveOps PLC time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 ActiveOps PLC price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current ActiveOps PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
ActiveOps PLC lagged returns against current returns
Autocorrelation, which is ActiveOps PLC 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 ActiveOps PLC's stock expected returns. We can calculate the autocorrelation of ActiveOps PLC returns to help us make a trade decision. For example, suppose you find that ActiveOps PLC has exhibited high autocorrelation historically, and you observe that the 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 |
ActiveOps 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 ActiveOps PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ActiveOps PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ActiveOps PLC stock over time.
Current vs Lagged Prices |
| Timeline |
ActiveOps PLC Lagged Returns
When evaluating ActiveOps PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ActiveOps PLC stock have on its future price. ActiveOps 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, ActiveOps PLC autocorrelation shows the relationship between ActiveOps PLC stock current value and its past values and can show if there is a momentum factor associated with investing in ActiveOps PLC.
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.Other Information on Investing in ActiveOps Stock
ActiveOps PLC financial ratios help investors to determine whether ActiveOps 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 ActiveOps with respect to the benefits of owning ActiveOps PLC security.