Associates First Capital Stock Market Value
| ASFZ Stock | USD 0.0001 0.00 0.00% |
| Symbol | Associates |
Associates First '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 Associates First'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 Associates First.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Associates First on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Associates First Capital or generate 0.0% return on investment in Associates First over 60 days. Associates First is related to or competes with Visa, Mastercard, American Express, PayPal Holdings, Capital One, Discover Financial, and Synchrony Financial. Associates First Capital Corporation, a financial services organization, provides finance, leasing, insurance, and relat... More
Associates First 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 Associates First'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 Associates First Capital upside and downside potential and time the market with a certain degree of confidence.
Associates First Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Associates First's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Associates First's standard deviation. In reality, there are many statistical measures that can use Associates First historical prices to predict the future Associates First's volatility.Associates First Capital Backtested Returns
Associates First Capital secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We were able to analyze and collect data for three different technical indicators, which can help you to evaluate if expected returns of 15.87% are justified by taking the suggested risk. 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 Associates First are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Associates First Capital has perfect predictability. Overlapping area represents the amount of predictability between Associates First time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th 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 Associates First Capital price movement. The serial correlation of 1.0 indicates that 100.0% of current Associates First 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 |
Associates First Capital lagged returns against current returns
Autocorrelation, which is Associates First 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 Associates First's pink sheet expected returns. We can calculate the autocorrelation of Associates First returns to help us make a trade decision. For example, suppose you find that Associates First 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 |
Associates First 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 Associates First pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Associates First pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Associates First pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Associates First Lagged Returns
When evaluating Associates First's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Associates First pink sheet have on its future price. Associates First 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, Associates First autocorrelation shows the relationship between Associates First pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Associates First Capital.
Regressed Prices |
| Timeline |
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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.Additional Tools for Associates Pink Sheet Analysis
When running Associates First's price analysis, check to measure Associates First's 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 Associates First is operating at the current time. Most of Associates First's value examination focuses on studying past and present price action to predict the probability of Associates First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associates First's price. Additionally, you may evaluate how the addition of Associates First to your portfolios can decrease your overall portfolio volatility.