Advanced Blockchain (Germany) Market Value
| BWQ Stock | 5.74 0.82 16.67% |
| Symbol | Advanced |
Advanced Blockchain '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 Advanced Blockchain's stock 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 Advanced Blockchain.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Advanced Blockchain on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Advanced Blockchain AG or generate 0.0% return on investment in Advanced Blockchain over 270 days. Advanced Blockchain is related to or competes with Broadcom, DeVry Education, GOLD ROAD, Transport International, TRAINLINE PLC, COPLAND ROAD, and QUEEN S. More
Advanced Blockchain 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 Advanced Blockchain's stock 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 Advanced Blockchain AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.07 | |||
| Information Ratio | 0.1491 | |||
| Maximum Drawdown | 33.54 | |||
| Value At Risk | (8.43) | |||
| Potential Upside | 10.34 |
Advanced Blockchain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advanced Blockchain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advanced Blockchain's standard deviation. In reality, there are many statistical measures that can use Advanced Blockchain historical prices to predict the future Advanced Blockchain's volatility.| Risk Adjusted Performance | 0.1384 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | 0.0652 | |||
| Sortino Ratio | 0.1619 | |||
| Treynor Ratio | 1.64 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Advanced Blockchain'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.
Advanced Blockchain Backtested Returns
Advanced Blockchain is risky given 3 months investment horizon. Advanced Blockchain secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We were able to break down and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Advanced Blockchain Downside Deviation of 6.07, risk adjusted performance of 0.1384, and Mean Deviation of 4.1 to evaluate company specific risk that cannot be diversified away. Advanced Blockchain holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.67, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Advanced Blockchain's returns are expected to increase less than the market. However, during the bear market, the loss of holding Advanced Blockchain is expected to be smaller as well. Use Advanced Blockchain potential upside, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Advanced Blockchain.
Auto-correlation | -0.22 |
Weak reverse predictability
Advanced Blockchain AG has weak reverse predictability. Overlapping area represents the amount of predictability between Advanced Blockchain time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Advanced Blockchain price movement. The serial correlation of -0.22 indicates that over 22.0% of current Advanced Blockchain price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Advanced Blockchain lagged returns against current returns
Autocorrelation, which is Advanced Blockchain stock'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 Advanced Blockchain's stock expected returns. We can calculate the autocorrelation of Advanced Blockchain returns to help us make a trade decision. For example, suppose you find that Advanced Blockchain has exhibited high autocorrelation historically, and you observe that the stock 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 |
Advanced Blockchain 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 Advanced Blockchain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advanced Blockchain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advanced Blockchain stock over time.
Current vs Lagged Prices |
| Timeline |
Advanced Blockchain Lagged Returns
When evaluating Advanced Blockchain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advanced Blockchain stock have on its future price. Advanced Blockchain 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, Advanced Blockchain autocorrelation shows the relationship between Advanced Blockchain stock current value and its past values and can show if there is a momentum factor associated with investing in Advanced Blockchain AG.
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 Advanced Stock Analysis
When running Advanced Blockchain's price analysis, check to measure Advanced Blockchain'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 Advanced Blockchain is operating at the current time. Most of Advanced Blockchain's value examination focuses on studying past and present price action to predict the probability of Advanced Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Blockchain's price. Additionally, you may evaluate how the addition of Advanced Blockchain to your portfolios can decrease your overall portfolio volatility.