Ashtead Gro Market Value
| ASHTYDelisted Stock | USD 70.74 0.48 0.68% |
| Symbol | Ashtead |
Ashtead Gro '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 Ashtead Gro'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 Ashtead Gro.
| 12/06/2025 |
| 01/05/2026 |
If you would invest 0.00 in Ashtead Gro on December 6, 2025 and sell it all today you would earn a total of 0.00 from holding Ashtead Gro or generate 0.0% return on investment in Ashtead Gro over 30 days. Ashtead Gro is related to or competes with Secom Co, Localiza Rent, BOC Aviation, Shimizu Corp, Konecranes Plc, Finning International, and Elis SA. Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental... More
Ashtead Gro 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 Ashtead Gro'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 Ashtead Gro upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 80.43 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 3.1 |
Ashtead Gro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ashtead Gro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ashtead Gro's standard deviation. In reality, there are many statistical measures that can use Ashtead Gro historical prices to predict the future Ashtead Gro's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (1.07) | |||
| Total Risk Alpha | (1.80) | |||
| Treynor Ratio | (7.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ashtead Gro'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.
Ashtead Gro Backtested Returns
Ashtead Gro secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12 % return per unit of standard deviation over the last 3 months. Ashtead Gro exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ashtead Gro's mean deviation of 2.75, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ashtead Gro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ashtead Gro is expected to be smaller as well. At this point, Ashtead Gro has a negative expected return of -1.18%. Please make sure to confirm Ashtead Gro's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Ashtead Gro performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Ashtead Gro has very good reverse predictability. Overlapping area represents the amount of predictability between Ashtead Gro time series from 6th of December 2025 to 21st of December 2025 and 21st of December 2025 to 5th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ashtead Gro price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Ashtead Gro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 8741.24 |
Ashtead Gro lagged returns against current returns
Autocorrelation, which is Ashtead Gro 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 Ashtead Gro's pink sheet expected returns. We can calculate the autocorrelation of Ashtead Gro returns to help us make a trade decision. For example, suppose you find that Ashtead Gro 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 |
Ashtead Gro 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 Ashtead Gro pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ashtead Gro pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ashtead Gro pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ashtead Gro Lagged Returns
When evaluating Ashtead Gro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ashtead Gro pink sheet have on its future price. Ashtead Gro 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, Ashtead Gro autocorrelation shows the relationship between Ashtead Gro pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ashtead Gro.
Regressed Prices |
| Timeline |
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Check out Ashtead Gro Correlation, Ashtead Gro Volatility and Ashtead Gro Alpha and Beta module to complement your research on Ashtead Gro. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Ashtead Pink Sheet
If you are still planning to invest in Ashtead Gro check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ashtead Gro's history and understand the potential risks before investing.
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