Asseco Poland Sa Stock Market Value
| ASOZY Stock | USD 21.10 0.00 0.00% |
| Symbol | Asseco |
Asseco Poland '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 Asseco Poland'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 Asseco Poland.
| 09/04/2023 |
| 11/27/2024 |
If you would invest 0.00 in Asseco Poland on September 4, 2023 and sell it all today you would earn a total of 0.00 from holding Asseco Poland SA or generate 0.0% return on investment in Asseco Poland over 450 days. Asseco Poland is related to or competes with Salesforce, S A P, ServiceNow, Intuit, Uber Technologies, Shopify, and SAP SE. Asseco Poland S.A., an information technology company, develops and sells software products primarily in Poland and inte... More
Asseco Poland 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 Asseco Poland'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 Asseco Poland SA upside and downside potential and time the market with a certain degree of confidence.
Asseco Poland Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asseco Poland's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asseco Poland's standard deviation. In reality, there are many statistical measures that can use Asseco Poland historical prices to predict the future Asseco Poland's volatility.Asseco Poland SA Backtested Returns
We have found three technical indicators for Asseco Poland SA, 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 Asseco Poland are completely uncorrelated.
Auto-correlation | 0.61 |
Good predictability
Asseco Poland SA has good predictability. Overlapping area represents the amount of predictability between Asseco Poland time series from 4th of September 2023 to 16th of April 2024 and 16th of April 2024 to 27th 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 Asseco Poland SA price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Asseco Poland price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
Asseco Poland SA lagged returns against current returns
Autocorrelation, which is Asseco Poland 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 Asseco Poland's pink sheet expected returns. We can calculate the autocorrelation of Asseco Poland returns to help us make a trade decision. For example, suppose you find that Asseco Poland 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 |
Asseco Poland 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 Asseco Poland pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asseco Poland pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asseco Poland pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Asseco Poland Lagged Returns
When evaluating Asseco Poland's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asseco Poland pink sheet have on its future price. Asseco Poland 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, Asseco Poland autocorrelation shows the relationship between Asseco Poland pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Asseco Poland SA.
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.Additional Tools for Asseco Pink Sheet Analysis
When running Asseco Poland's price analysis, check to measure Asseco Poland'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 Asseco Poland is operating at the current time. Most of Asseco Poland's value examination focuses on studying past and present price action to predict the probability of Asseco Poland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asseco Poland's price. Additionally, you may evaluate how the addition of Asseco Poland to your portfolios can decrease your overall portfolio volatility.