Axiologix Stock Market Value
AXLX Stock | USD 0.0001 0.00 0.00% |
Symbol | Axiologix |
Axiologix '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 Axiologix'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 Axiologix.
12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Axiologix on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Axiologix or generate 0.0% return on investment in Axiologix over 720 days. Axiologix is related to or competes with BCE, and Advanced Info. Axiologix, Inc. operates in the mobile payments and international remittance markets More
Axiologix 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 Axiologix'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 Axiologix upside and downside potential and time the market with a certain degree of confidence.
Axiologix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Axiologix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Axiologix's standard deviation. In reality, there are many statistical measures that can use Axiologix historical prices to predict the future Axiologix's volatility.Axiologix Backtested Returns
We have found three technical indicators for Axiologix, 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 Axiologix are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Axiologix has perfect predictability. Overlapping area represents the amount of predictability between Axiologix time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Axiologix price movement. The serial correlation of 1.0 indicates that 100.0% of current Axiologix 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 |
Axiologix lagged returns against current returns
Autocorrelation, which is Axiologix 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 Axiologix's pink sheet expected returns. We can calculate the autocorrelation of Axiologix returns to help us make a trade decision. For example, suppose you find that Axiologix 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 |
Axiologix 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 Axiologix pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Axiologix pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Axiologix pink sheet over time.
Current vs Lagged Prices |
Timeline |
Axiologix Lagged Returns
When evaluating Axiologix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Axiologix pink sheet have on its future price. Axiologix 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, Axiologix autocorrelation shows the relationship between Axiologix pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Axiologix.
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.Additional Tools for Axiologix Pink Sheet Analysis
When running Axiologix's price analysis, check to measure Axiologix'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 Axiologix is operating at the current time. Most of Axiologix's value examination focuses on studying past and present price action to predict the probability of Axiologix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axiologix's price. Additionally, you may evaluate how the addition of Axiologix to your portfolios can decrease your overall portfolio volatility.