American Picture House Stock Market Value
| APHP Stock | USD 0.29 0.01 3.33% |
| Symbol | American |
American Picture '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 American Picture'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 American Picture.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in American Picture on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding American Picture House or generate 0.0% return on investment in American Picture over 720 days. American Picture House Corporation provides one-stop solutions for independent content creators in the United States More
American Picture 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 American Picture'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 American Picture House upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.56 | |||
| Information Ratio | 0.1048 | |||
| Maximum Drawdown | 34.09 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 11.11 |
American Picture Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Picture's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Picture's standard deviation. In reality, there are many statistical measures that can use American Picture historical prices to predict the future American Picture's volatility.| Risk Adjusted Performance | 0.1074 | |||
| Jensen Alpha | 0.6126 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0867 | |||
| Treynor Ratio | 1.08 |
American Picture House Backtested Returns
American Picture appears to be out of control, given 3 months investment horizon. American Picture House secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. By analyzing American Picture's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please makes use of American Picture's risk adjusted performance of 0.1074, and Mean Deviation of 3.0 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, American Picture holds a performance score of 10. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, American Picture's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Picture is expected to be smaller as well. Please check American Picture's information ratio and the relationship between the maximum drawdown and day median price , to make a quick decision on whether American Picture's price patterns will revert.
Auto-correlation | -0.12 |
Insignificant reverse predictability
American Picture House has insignificant reverse predictability. Overlapping area represents the amount of predictability between American Picture time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 American Picture House price movement. The serial correlation of -0.12 indicates that less than 12.0% of current American Picture price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Picture House lagged returns against current returns
Autocorrelation, which is American Picture 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 American Picture's otc stock expected returns. We can calculate the autocorrelation of American Picture returns to help us make a trade decision. For example, suppose you find that American Picture 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 |
American Picture 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 American Picture otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Picture otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Picture otc stock over time.
Current vs Lagged Prices |
| Timeline |
American Picture Lagged Returns
When evaluating American Picture's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Picture otc stock have on its future price. American Picture 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, American Picture autocorrelation shows the relationship between American Picture otc stock current value and its past values and can show if there is a momentum factor associated with investing in American Picture House.
Regressed Prices |
| Timeline |
Pair Trading with American Picture
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Picture position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Picture will appreciate offsetting losses from the drop in the long position's value.Moving together with American OTC Stock
Moving against American OTC Stock
The ability to find closely correlated positions to American Picture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Picture when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Picture - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Picture House to buy it.
The correlation of American Picture is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Picture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Picture House moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Picture can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for American OTC Stock Analysis
When running American Picture's price analysis, check to measure American Picture'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 American Picture is operating at the current time. Most of American Picture's value examination focuses on studying past and present price action to predict the probability of American Picture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Picture's price. Additionally, you may evaluate how the addition of American Picture to your portfolios can decrease your overall portfolio volatility.