American Nortel Communications Stock Market Value
| ARTM Stock | USD 0.03 0 9.84% |
| Symbol | American |
American Nortel '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 Nortel's 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 American Nortel.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in American Nortel on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding American Nortel Communications or generate 0.0% return on investment in American Nortel over 30 days. American Nortel is related to or competes with BCE, and Advanced Info. American Nortel Communications, Inc. provides telecommunications services worldwide More
American Nortel 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 Nortel's 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 American Nortel Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.02 | |||
| Information Ratio | 0.0522 | |||
| Maximum Drawdown | 32.14 | |||
| Value At Risk | (9.62) | |||
| Potential Upside | 9.84 |
American Nortel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Nortel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Nortel's standard deviation. In reality, there are many statistical measures that can use American Nortel historical prices to predict the future American Nortel's volatility.| Risk Adjusted Performance | 0.0581 | |||
| Jensen Alpha | 0.3058 | |||
| Total Risk Alpha | 0.1405 | |||
| Sortino Ratio | 0.0317 | |||
| Treynor Ratio | 1.3 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Nortel's 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.
American Nortel Comm Backtested Returns
American Nortel appears to be out of control, given 3 months investment horizon. American Nortel Comm secures Sharpe Ratio (or Efficiency) of 0.0589, which signifies that the company had a 0.0589 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for American Nortel Communications, which you can use to evaluate the volatility of the firm. Please makes use of American Nortel's mean deviation of 2.93, and Risk Adjusted Performance of 0.0581 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, American Nortel holds a performance score of 4. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American Nortel's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Nortel is expected to be smaller as well. Please check American Nortel's information ratio and the relationship between the maximum drawdown and day median price , to make a quick decision on whether American Nortel's price patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
American Nortel Communications has modest predictability. Overlapping area represents the amount of predictability between American Nortel time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st 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 American Nortel Comm price movement. The serial correlation of 0.55 indicates that about 55.0% of current American Nortel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Nortel Comm lagged returns against current returns
Autocorrelation, which is American Nortel 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 American Nortel's pink sheet expected returns. We can calculate the autocorrelation of American Nortel returns to help us make a trade decision. For example, suppose you find that American Nortel 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 |
American Nortel 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 Nortel pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Nortel pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Nortel pink sheet over time.
Current vs Lagged Prices |
| Timeline |
American Nortel Lagged Returns
When evaluating American Nortel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Nortel pink sheet have on its future price. American Nortel 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 Nortel autocorrelation shows the relationship between American Nortel pink sheet current value and its past values and can show if there is a momentum factor associated with investing in American Nortel Communications.
Regressed Prices |
| Timeline |
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American Nortel financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Nortel security.