Aquarius Engines Stock Market Value
| AQUEF Stock | USD 0.30 0.00 0.00% |
| Symbol | Aquarius |
Aquarius Engines '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 Aquarius Engines' 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 Aquarius Engines.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Aquarius Engines on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Aquarius Engines or generate 0.0% return on investment in Aquarius Engines over 30 days. Aquarius Engines is related to or competes with Emerson Electric, Eaton PLC, Generac Holdings, Cummins, and Rockwell Automation. Aquarius Engines Ltd. develops, manufactures, and sells power generators More
Aquarius Engines 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 Aquarius Engines' 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 Aquarius Engines upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 47.69 |
Aquarius Engines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aquarius Engines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aquarius Engines' standard deviation. In reality, there are many statistical measures that can use Aquarius Engines historical prices to predict the future Aquarius Engines' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.99) | |||
| Total Risk Alpha | (1.96) | |||
| Treynor Ratio | (0.95) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aquarius Engines' 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.
Aquarius Engines Backtested Returns
Aquarius Engines secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Aquarius Engines exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aquarius Engines' Standard Deviation of 7.14, risk adjusted performance of (0.08), and Mean Deviation of 2.25 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.93, which signifies possible diversification benefits within a given portfolio. Aquarius Engines returns are very sensitive to returns on the market. As the market goes up or down, Aquarius Engines is expected to follow. At this point, Aquarius Engines has a negative expected return of -0.87%. Please make sure to confirm Aquarius Engines' treynor ratio and rate of daily change , to decide if Aquarius Engines performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Aquarius Engines has no correlation between past and present. Overlapping area represents the amount of predictability between Aquarius Engines time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Aquarius Engines price movement. The serial correlation of 0.0 indicates that just 0.0% of current Aquarius Engines price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aquarius Engines lagged returns against current returns
Autocorrelation, which is Aquarius Engines 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 Aquarius Engines' pink sheet expected returns. We can calculate the autocorrelation of Aquarius Engines returns to help us make a trade decision. For example, suppose you find that Aquarius Engines 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 |
Aquarius Engines 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 Aquarius Engines pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aquarius Engines pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aquarius Engines pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aquarius Engines Lagged Returns
When evaluating Aquarius Engines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aquarius Engines pink sheet have on its future price. Aquarius Engines 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, Aquarius Engines autocorrelation shows the relationship between Aquarius Engines pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aquarius Engines.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Aquarius Pink Sheet
Aquarius Engines financial ratios help investors to determine whether Aquarius 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 Aquarius with respect to the benefits of owning Aquarius Engines security.