Auctus Alternative (Australia) Market Value
| AVC Stock | 0.55 0.02 3.77% |
| Symbol | Auctus |
Auctus Alternative '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 Auctus Alternative'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 Auctus Alternative.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Auctus Alternative on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Auctus Alternative Investments or generate 0.0% return on investment in Auctus Alternative over 720 days. Auctus Alternative is related to or competes with Champion Iron, Ridley, Peel Mining, Perpetual Credit, Telix Pharmaceuticals, Talisman Mining, and Tombador Iron. Auctus Alternative is entity of Australia More
Auctus Alternative 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 Auctus Alternative'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 Auctus Alternative Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0411 | |||
| Maximum Drawdown | 24.09 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 4.17 |
Auctus Alternative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Auctus Alternative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Auctus Alternative's standard deviation. In reality, there are many statistical measures that can use Auctus Alternative historical prices to predict the future Auctus Alternative's volatility.| Risk Adjusted Performance | 0.0737 | |||
| Jensen Alpha | 0.1768 | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.4703 |
Auctus Alternative Backtested Returns
Currently, Auctus Alternative Investments is abnormally volatile. Auctus Alternative secures Sharpe Ratio (or Efficiency) of 0.0662, which signifies that the company had a 0.0662% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Auctus Alternative Investments, which you can use to evaluate the volatility of the firm. Please confirm Auctus Alternative's risk adjusted performance of 0.0737, and Mean Deviation of 1.17 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Auctus Alternative has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Auctus Alternative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Auctus Alternative is expected to be smaller as well. Auctus Alternative right now shows a risk of 2.83%. Please confirm Auctus Alternative market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Auctus Alternative will be following its price patterns.
Auto-correlation | 0.68 |
Good predictability
Auctus Alternative Investments has good predictability. Overlapping area represents the amount of predictability between Auctus Alternative time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 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 Auctus Alternative price movement. The serial correlation of 0.68 indicates that around 68.0% of current Auctus Alternative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Auctus Alternative lagged returns against current returns
Autocorrelation, which is Auctus Alternative 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 Auctus Alternative's stock expected returns. We can calculate the autocorrelation of Auctus Alternative returns to help us make a trade decision. For example, suppose you find that Auctus Alternative 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 |
Auctus Alternative 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 Auctus Alternative stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Auctus Alternative stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Auctus Alternative stock over time.
Current vs Lagged Prices |
| Timeline |
Auctus Alternative Lagged Returns
When evaluating Auctus Alternative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Auctus Alternative stock have on its future price. Auctus Alternative 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, Auctus Alternative autocorrelation shows the relationship between Auctus Alternative stock current value and its past values and can show if there is a momentum factor associated with investing in Auctus Alternative Investments.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Auctus Stock Analysis
When running Auctus Alternative's price analysis, check to measure Auctus Alternative'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 Auctus Alternative is operating at the current time. Most of Auctus Alternative's value examination focuses on studying past and present price action to predict the probability of Auctus Alternative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Auctus Alternative's price. Additionally, you may evaluate how the addition of Auctus Alternative to your portfolios can decrease your overall portfolio volatility.