Arax Holdings Corp Stock Market Value
| ARAT Stock | USD 0.54 0.01 1.82% |
| Symbol | Arax |
Arax Holdings '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 Arax Holdings' 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 Arax Holdings.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Arax Holdings on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Arax Holdings Corp or generate 0.0% return on investment in Arax Holdings over 30 days. Arax Holdings is related to or competes with Embrace Change. It intends to explore for and identify business opportunities, including the acquisition of an operating entity through ... More
Arax Holdings 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 Arax Holdings' 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 Arax Holdings Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 98.15 | |||
| Value At Risk | (10.34) |
Arax Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arax Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arax Holdings' standard deviation. In reality, there are many statistical measures that can use Arax Holdings historical prices to predict the future Arax Holdings' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (1.87) | |||
| Treynor Ratio | (0.60) |
Arax Holdings Corp Backtested Returns
Arax Holdings Corp secures Sharpe Ratio (or Efficiency) of -0.0283, which signifies that the company had a -0.0283% return per unit of standard deviation over the last 3 months. Arax Holdings Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arax Holdings' mean deviation of 2.54, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Arax Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Arax Holdings is expected to be smaller as well. At this point, Arax Holdings Corp has a negative expected return of -0.28%. Please make sure to confirm Arax Holdings' variance, as well as the relationship between the skewness and day typical price , to decide if Arax Holdings Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Arax Holdings Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Arax Holdings time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Arax Holdings Corp price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Arax Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Arax Holdings Corp lagged returns against current returns
Autocorrelation, which is Arax Holdings 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 Arax Holdings' pink sheet expected returns. We can calculate the autocorrelation of Arax Holdings returns to help us make a trade decision. For example, suppose you find that Arax Holdings 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 |
Arax Holdings 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 Arax Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arax Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arax Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Arax Holdings Lagged Returns
When evaluating Arax Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arax Holdings pink sheet have on its future price. Arax Holdings 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, Arax Holdings autocorrelation shows the relationship between Arax Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Arax Holdings Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Arax Pink Sheet Analysis
When running Arax Holdings' price analysis, check to measure Arax Holdings' 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 Arax Holdings is operating at the current time. Most of Arax Holdings' value examination focuses on studying past and present price action to predict the probability of Arax Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arax Holdings' price. Additionally, you may evaluate how the addition of Arax Holdings to your portfolios can decrease your overall portfolio volatility.