Axmin Inc Stock Market Value

Symbol

AXMIN

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 AXMIN'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 AXMIN.

AXMIN Upside/Downside Indicators

AXMIN Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AXMIN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AXMIN's standard deviation. In reality, there are many statistical measures that can use AXMIN historical prices to predict the future AXMIN's volatility.

Autocorrelation, which is AXMIN 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 AXMIN's pink sheet expected returns. We can calculate the autocorrelation of AXMIN returns to help us make a trade decision. For example, suppose you find that AXMIN 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If AXMIN pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AXMIN pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AXMIN pink sheet over time.

When evaluating AXMIN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AXMIN pink sheet have on its future price. AXMIN 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, AXMIN autocorrelation shows the relationship between AXMIN pink sheet current value and its past values and can show if there is a momentum factor associated with investing in AXMIN Inc.

AXMIN financial ratios help investors to determine whether AXMIN 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 AXMIN with respect to the benefits of owning AXMIN security.