Advance United Holdings Stock Market Value
| AUHIF Stock | USD 0.01 0.00 0.00% |
| Symbol | Advance |
Advance United '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 Advance United's otc 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 Advance United.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Advance United on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Advance United Holdings or generate 0.0% return on investment in Advance United over 30 days. Advance United is related to or competes with Vertiv Holdings, Nasdaq, McDonalds, Walmart, Caterpillar, HP, and Verizon Communications. Advance United Holdings Inc. engages in acquisition, exploration, and development of mineral properties More
Advance United 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 Advance United's otc 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 Advance United Holdings upside and downside potential and time the market with a certain degree of confidence.
Advance United Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advance United's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advance United's standard deviation. In reality, there are many statistical measures that can use Advance United historical prices to predict the future Advance United's volatility.Advance United Holdings Backtested Returns
We have found three technical indicators for Advance United Holdings, 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 Advance United are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Advance United Holdings has perfect predictability. Overlapping area represents the amount of predictability between Advance United time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Advance United Holdings price movement. The serial correlation of 1.0 indicates that 100.0% of current Advance United 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 |
Advance United Holdings lagged returns against current returns
Autocorrelation, which is Advance United otc 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 Advance United's otc stock expected returns. We can calculate the autocorrelation of Advance United returns to help us make a trade decision. For example, suppose you find that Advance United has exhibited high autocorrelation historically, and you observe that the otc 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 |
Advance United 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 Advance United otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advance United otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advance United otc stock over time.
Current vs Lagged Prices |
| Timeline |
Advance United Lagged Returns
When evaluating Advance United's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advance United otc stock have on its future price. Advance United 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, Advance United autocorrelation shows the relationship between Advance United otc stock current value and its past values and can show if there is a momentum factor associated with investing in Advance United Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Advance OTC Stock
Advance United financial ratios help investors to determine whether Advance OTC Stock 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 Advance with respect to the benefits of owning Advance United security.