A1 Group Stock Market Value
| AWON Stock | USD 0 0.0001 6.25% |
| Symbol | A1 |
A1 '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 A1'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 A1.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in A1 on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding A1 Group or generate 0.0% return on investment in A1 over 90 days. A1 is related to or competes with Xtra Energy, Alpha One, Roth CH, and Awaysis Capital. A1 Group, Inc. operates as an electronic cigarette company in the United States More
A1 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 A1'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 A1 Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 121.55 | |||
| Value At Risk | (29.17) | |||
| Potential Upside | 19.12 |
A1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for A1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as A1's standard deviation. In reality, there are many statistical measures that can use A1 historical prices to predict the future A1's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (1.58) | |||
| Total Risk Alpha | (3.57) | |||
| Treynor Ratio | (0.23) |
A1 Group Backtested Returns
A1 Group retains Efficiency (Sharpe Ratio) of -0.0816, which signifies that the company had a -0.0816% return per unit of price deviation over the last 3 months. A1 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm A1's Information Ratio of (0.07), variance of 277.42, and Market Risk Adjusted Performance of (0.22) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 4.52, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, A1 will likely underperform. At this point, A1 Group has a negative expected return of -1.35%. Please make sure to confirm A1's information ratio, as well as the relationship between the potential upside and day median price , to decide if A1 Group performance from the past will be repeated sooner or later.
Auto-correlation | 0.23 |
Weak predictability
A1 Group has weak predictability. Overlapping area represents the amount of predictability between A1 time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 A1 Group price movement. The serial correlation of 0.23 indicates that over 23.0% of current A1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
A1 Group lagged returns against current returns
Autocorrelation, which is A1 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 A1's pink sheet expected returns. We can calculate the autocorrelation of A1 returns to help us make a trade decision. For example, suppose you find that A1 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 |
A1 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 A1 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if A1 pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in A1 pink sheet over time.
Current vs Lagged Prices |
| Timeline |
A1 Lagged Returns
When evaluating A1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of A1 pink sheet have on its future price. A1 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, A1 autocorrelation shows the relationship between A1 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in A1 Group.
Regressed Prices |
| Timeline |
Pair Trading with A1
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if A1 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in A1 will appreciate offsetting losses from the drop in the long position's value.Moving together with A1 Pink Sheet
Moving against A1 Pink Sheet
| 0.79 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.78 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.75 | ARTE | Artemis Strategic | PairCorr |
| 0.73 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.72 | CSCO | Cisco Systems Aggressive Push | PairCorr |
The ability to find closely correlated positions to A1 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace A1 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back A1 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling A1 Group to buy it.
The correlation of A1 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as A1 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if A1 Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for A1 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in A1 Pink Sheet
A1 financial ratios help investors to determine whether A1 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 A1 with respect to the benefits of owning A1 security.