Aztec Land Comb Stock Market Value
| AZLCZ Stock | USD 775.00 0.00 0.00% |
| Symbol | Aztec |
Aztec Land '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 Aztec Land'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 Aztec Land.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Aztec Land on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Aztec Land Comb or generate 0.0% return on investment in Aztec Land over 510 days. Aztec Land is related to or competes with IRSA Inversiones, Anywhere Real, Newmark, New York, CBRE Group, Frp Holdings, and Marcus Millichap. Aztec Land and Cattle Company, Limited provides cattle ranching services More
Aztec Land 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 Aztec Land'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 Aztec Land Comb upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.26 | |||
| Information Ratio | 0.1561 | |||
| Maximum Drawdown | 12.74 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 5.77 |
Aztec Land Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aztec Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aztec Land's standard deviation. In reality, there are many statistical measures that can use Aztec Land historical prices to predict the future Aztec Land's volatility.| Risk Adjusted Performance | 0.1718 | |||
| Jensen Alpha | 0.3519 | |||
| Total Risk Alpha | 0.1205 | |||
| Sortino Ratio | 0.1476 | |||
| Treynor Ratio | 0.536 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aztec Land's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Aztec Land Comb Backtested Returns
Aztec Land appears to be very steady, given 3 months investment horizon. Aztec Land Comb secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Aztec Land Comb, which you can use to evaluate the volatility of the firm. Please makes use of Aztec Land's Risk Adjusted Performance of 0.1718, mean deviation of 1.27, and Downside Deviation of 2.26 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aztec Land holds a performance score of 17. The firm shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aztec Land's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aztec Land is expected to be smaller as well. Please check Aztec Land's jensen alpha, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to make a quick decision on whether Aztec Land's price patterns will revert.
Auto-correlation | 0.77 |
Good predictability
Aztec Land Comb has good predictability. Overlapping area represents the amount of predictability between Aztec Land time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Aztec Land Comb price movement. The serial correlation of 0.77 indicates that around 77.0% of current Aztec Land price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 6010.39 |
Aztec Land Comb lagged returns against current returns
Autocorrelation, which is Aztec Land 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 Aztec Land's pink sheet expected returns. We can calculate the autocorrelation of Aztec Land returns to help us make a trade decision. For example, suppose you find that Aztec Land 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 |
Aztec Land 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 Aztec Land pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aztec Land pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aztec Land pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aztec Land Lagged Returns
When evaluating Aztec Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aztec Land pink sheet have on its future price. Aztec Land 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, Aztec Land autocorrelation shows the relationship between Aztec Land pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aztec Land Comb.
Regressed Prices |
| Timeline |
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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 Aztec Pink Sheet Analysis
When running Aztec Land's price analysis, check to measure Aztec Land'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 Aztec Land is operating at the current time. Most of Aztec Land's value examination focuses on studying past and present price action to predict the probability of Aztec Land's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aztec Land's price. Additionally, you may evaluate how the addition of Aztec Land to your portfolios can decrease your overall portfolio volatility.