Ackermans Van Haaren Stock Market Value
| AVHNF Stock | USD 194.44 0.00 0.00% |
| Symbol | Ackermans |
Ackermans Van '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 Ackermans Van'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 Ackermans Van.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Ackermans Van on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Ackermans Van Haaren or generate 0.0% return on investment in Ackermans Van over 180 days. Ackermans Van is related to or competes with Joint Stock, Dine Brands, BJs Restaurants, Biglari Holdings, Dominos Pizza, Datadog, and VirnetX Holding. Ackermans Van Haaren NV engages in the marine engineering and contracting, private banking, real estate and senior care,... More
Ackermans Van 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 Ackermans Van'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 Ackermans Van Haaren upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0103 | |||
| Maximum Drawdown | 9.39 |
Ackermans Van Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ackermans Van's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ackermans Van's standard deviation. In reality, there are many statistical measures that can use Ackermans Van historical prices to predict the future Ackermans Van's volatility.| Risk Adjusted Performance | 0.0975 | |||
| Jensen Alpha | 0.112 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.785 |
Ackermans Van Haaren Backtested Returns
At this point, Ackermans Van is very steady. Ackermans Van Haaren 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 have found seventeen technical indicators for Ackermans Van Haaren, which you can use to evaluate the volatility of the firm. Please confirm Ackermans Van's Standard Deviation of 1.16, risk adjusted performance of 0.0975, and Mean Deviation of 0.2802 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Ackermans Van has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ackermans Van's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ackermans Van is expected to be smaller as well. Ackermans Van Haaren right now shows a risk of 1.18%. Please confirm Ackermans Van Haaren coefficient of variation, jensen alpha, as well as the relationship between the Jensen Alpha and rate of daily change , to decide if Ackermans Van Haaren will be following its price patterns.
Auto-correlation | -0.23 |
Weak reverse predictability
Ackermans Van Haaren has weak reverse predictability. Overlapping area represents the amount of predictability between Ackermans Van time series from 31st of May 2024 to 29th of August 2024 and 29th of August 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 Ackermans Van Haaren price movement. The serial correlation of -0.23 indicates that over 23.0% of current Ackermans Van price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 65.69 |
Ackermans Van Haaren lagged returns against current returns
Autocorrelation, which is Ackermans Van 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 Ackermans Van's pink sheet expected returns. We can calculate the autocorrelation of Ackermans Van returns to help us make a trade decision. For example, suppose you find that Ackermans Van 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 |
Ackermans Van 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 Ackermans Van pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ackermans Van pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ackermans Van pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ackermans Van Lagged Returns
When evaluating Ackermans Van's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ackermans Van pink sheet have on its future price. Ackermans Van 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, Ackermans Van autocorrelation shows the relationship between Ackermans Van pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ackermans Van Haaren.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ackermans Pink Sheet
Ackermans Van financial ratios help investors to determine whether Ackermans Pink Sheet 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 Ackermans with respect to the benefits of owning Ackermans Van security.