Avoca Llc Stock Market Value
| AVOA Stock | USD 1,275 175.00 15.91% |
| Symbol | Avoca |
Avoca LLC '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 Avoca LLC'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 Avoca LLC.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Avoca LLC on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Avoca LLC or generate 0.0% return on investment in Avoca LLC over 30 days. Avoca LLC is related to or competes with Akzo Nobel, AGC, Arkema SA, AirBoss Of, Arkema SA, and IsraelLtd. AVOCA LLC operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. More
Avoca LLC 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 Avoca LLC'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 Avoca LLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.56 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 32.72 | |||
| Value At Risk | (2.44) |
Avoca LLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avoca LLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avoca LLC's standard deviation. In reality, there are many statistical measures that can use Avoca LLC historical prices to predict the future Avoca LLC's volatility.| Risk Adjusted Performance | 0.0208 | |||
| Jensen Alpha | 0.1632 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.07) |
Avoca LLC Backtested Returns
At this point, Avoca LLC is very steady. Avoca LLC secures Sharpe Ratio (or Efficiency) of 0.0167, which signifies that the company had a 0.0167% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Avoca LLC, which you can use to evaluate the volatility of the firm. Please confirm Avoca LLC's Risk Adjusted Performance of 0.0208, mean deviation of 1.53, and Downside Deviation of 10.56 to double-check if the risk estimate we provide is consistent with the expected return of 0.0801%. Avoca LLC has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.97, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Avoca LLC are expected to decrease slowly. On the other hand, during market turmoil, Avoca LLC is expected to outperform it slightly. Avoca LLC right now shows a risk of 4.8%. Please confirm Avoca LLC semi variance, day median price, and the relationship between the maximum drawdown and kurtosis , to decide if Avoca LLC will be following its price patterns.
Auto-correlation | -0.51 |
Good reverse predictability
Avoca LLC has good reverse predictability. Overlapping area represents the amount of predictability between Avoca LLC time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Avoca LLC price movement. The serial correlation of -0.51 indicates that about 51.0% of current Avoca LLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 7592.98 |
Avoca LLC lagged returns against current returns
Autocorrelation, which is Avoca LLC 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 Avoca LLC's pink sheet expected returns. We can calculate the autocorrelation of Avoca LLC returns to help us make a trade decision. For example, suppose you find that Avoca LLC 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 |
Avoca LLC 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 Avoca LLC pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avoca LLC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avoca LLC pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Avoca LLC Lagged Returns
When evaluating Avoca LLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avoca LLC pink sheet have on its future price. Avoca LLC 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, Avoca LLC autocorrelation shows the relationship between Avoca LLC pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Avoca LLC.
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.Other Information on Investing in Avoca Pink Sheet
Avoca LLC financial ratios help investors to determine whether Avoca 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 Avoca with respect to the benefits of owning Avoca LLC security.