Arrayit Stock Market Value
| ARYC Stock | USD 0.0001 0.00 0.00% |
| Symbol | Arrayit |
Arrayit Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arrayit. If investors know Arrayit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arrayit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.015 | Quarterly Revenue Growth 0.249 | Return On Assets (2.10) |
The market value of Arrayit is measured differently than its book value, which is the value of Arrayit that is recorded on the company's balance sheet. Investors also form their own opinion of Arrayit's value that differs from its market value or its book value, called intrinsic value, which is Arrayit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arrayit's market value can be influenced by many factors that don't directly affect Arrayit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arrayit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrayit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrayit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Arrayit '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 Arrayit's 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 Arrayit.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Arrayit on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Arrayit or generate 0.0% return on investment in Arrayit over 60 days. Arrayit is related to or competes with Avient Corp, Olympic Steel, Chemours, United Homes, Hudson Pacific, Western Copper, and SL Green. Arrayit Corporation, a life sciences technology company, develops, manufactures, and markets life science tools and inte... More
Arrayit 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 Arrayit's 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 Arrayit upside and downside potential and time the market with a certain degree of confidence.
Arrayit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arrayit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arrayit's standard deviation. In reality, there are many statistical measures that can use Arrayit historical prices to predict the future Arrayit's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arrayit'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.
Arrayit Backtested Returns
We have found three technical indicators for Arrayit, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Arrayit are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Arrayit has perfect predictability. Overlapping area represents the amount of predictability between Arrayit time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd 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 Arrayit price movement. The serial correlation of 1.0 indicates that 100.0% of current Arrayit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Arrayit lagged returns against current returns
Autocorrelation, which is Arrayit 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 Arrayit's stock expected returns. We can calculate the autocorrelation of Arrayit returns to help us make a trade decision. For example, suppose you find that Arrayit has exhibited high autocorrelation historically, and you observe that the 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 |
Arrayit 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 Arrayit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arrayit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arrayit stock over time.
Current vs Lagged Prices |
| Timeline |
Arrayit Lagged Returns
When evaluating Arrayit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arrayit stock have on its future price. Arrayit 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, Arrayit autocorrelation shows the relationship between Arrayit stock current value and its past values and can show if there is a momentum factor associated with investing in Arrayit.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Arrayit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Arrayit's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Arrayit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arrayit Stock:Check out Arrayit Correlation, Arrayit Volatility and Arrayit Alpha and Beta module to complement your research on Arrayit. For information on how to trade Arrayit Stock refer to our How to Trade Arrayit Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Arrayit technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.