Aclara Resources Stock Market Value
| ARAAF Stock | USD 0.38 0.03 8.57% |
| Symbol | Aclara |
Aclara Resources '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 Aclara Resources' 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 Aclara Resources.
| 10/26/2024 |
| 01/24/2025 |
If you would invest 0.00 in Aclara Resources on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Aclara Resources or generate 0.0% return on investment in Aclara Resources over 90 days. Aclara Resources is related to or competes with Adriatic Metals, Aurelia Metals, and Azimut Exploration. Aclara Resources Inc., a mining company, engages in the exploration of rare-earth metals in Chile More
Aclara Resources 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 Aclara Resources' 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 Aclara Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.04 | |||
| Information Ratio | 0.0516 | |||
| Maximum Drawdown | 23.98 | |||
| Value At Risk | (8.82) | |||
| Potential Upside | 10.0 |
Aclara Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aclara Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aclara Resources' standard deviation. In reality, there are many statistical measures that can use Aclara Resources historical prices to predict the future Aclara Resources' volatility.| Risk Adjusted Performance | 0.0599 | |||
| Jensen Alpha | 0.3475 | |||
| Total Risk Alpha | 0.0756 | |||
| Sortino Ratio | 0.0463 | |||
| Treynor Ratio | (0.41) |
Aclara Resources Backtested Returns
Aclara Resources appears to be out of control, given 3 months investment horizon. Aclara Resources secures Sharpe Ratio (or Efficiency) of 0.061, which signifies that the company had a 0.061 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aclara Resources, which you can use to evaluate the volatility of the firm. Please makes use of Aclara Resources' Risk Adjusted Performance of 0.0599, mean deviation of 3.86, and Downside Deviation of 6.04 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aclara Resources holds a performance score of 4. The firm shows a Beta (market volatility) of -0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Aclara Resources are expected to decrease at a much lower rate. During the bear market, Aclara Resources is likely to outperform the market. Please check Aclara Resources' standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to make a quick decision on whether Aclara Resources' price patterns will revert.
Auto-correlation | -0.32 |
Poor reverse predictability
Aclara Resources has poor reverse predictability. Overlapping area represents the amount of predictability between Aclara Resources time series from 26th of October 2024 to 10th of December 2024 and 10th of December 2024 to 24th of January 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 Aclara Resources price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Aclara Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aclara Resources lagged returns against current returns
Autocorrelation, which is Aclara Resources 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 Aclara Resources' pink sheet expected returns. We can calculate the autocorrelation of Aclara Resources returns to help us make a trade decision. For example, suppose you find that Aclara Resources 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 |
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Aclara Resources 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 Aclara Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aclara Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aclara Resources pink sheet over time.
Current vs Lagged Prices |
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Aclara Resources Lagged Returns
When evaluating Aclara Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aclara Resources pink sheet have on its future price. Aclara Resources 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, Aclara Resources autocorrelation shows the relationship between Aclara Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aclara Resources.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Aclara Pink Sheet
Aclara Resources financial ratios help investors to determine whether Aclara 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 Aclara with respect to the benefits of owning Aclara Resources security.