ARROWSTAR RESOURCES (Germany) Market Value
| D2E Stock | 0.20 0.00 0.00% |
| Symbol | ARROWSTAR |
Please note, there is a significant difference between ARROWSTAR RESOURCES's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARROWSTAR RESOURCES is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARROWSTAR RESOURCES's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ARROWSTAR RESOURCES '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 ARROWSTAR RESOURCES'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 ARROWSTAR RESOURCES.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in ARROWSTAR RESOURCES on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding ARROWSTAR RESOURCES or generate 0.0% return on investment in ARROWSTAR RESOURCES over 30 days. ARROWSTAR RESOURCES is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
ARROWSTAR RESOURCES 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 ARROWSTAR RESOURCES'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 ARROWSTAR RESOURCES upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 24.66 | |||
| Information Ratio | 0.1505 | |||
| Maximum Drawdown | 190.93 | |||
| Value At Risk | (30.23) | |||
| Potential Upside | 43.33 |
ARROWSTAR RESOURCES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARROWSTAR RESOURCES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ARROWSTAR RESOURCES's standard deviation. In reality, there are many statistical measures that can use ARROWSTAR RESOURCES historical prices to predict the future ARROWSTAR RESOURCES's volatility.| Risk Adjusted Performance | 0.1298 | |||
| Jensen Alpha | 4.69 | |||
| Total Risk Alpha | 3.75 | |||
| Sortino Ratio | 0.1856 | |||
| Treynor Ratio | (1.19) |
ARROWSTAR RESOURCES Backtested Returns
ARROWSTAR RESOURCES is out of control given 3 months investment horizon. ARROWSTAR RESOURCES secures Sharpe Ratio (or Efficiency) of 0.0995, which signifies that the company had a 0.0995% return per unit of risk over the last 3 months. We were able to interpolate twenty-four different technical indicators, which can help you to evaluate if expected returns of 2.88% are justified by taking the suggested risk. Use ARROWSTAR RESOURCES risk adjusted performance of 0.1298, and Mean Deviation of 19.38 to evaluate company specific risk that cannot be diversified away. ARROWSTAR RESOURCES holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -3.85, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ARROWSTAR RESOURCES are expected to decrease by larger amounts. On the other hand, during market turmoil, ARROWSTAR RESOURCES is expected to outperform it. Use ARROWSTAR RESOURCES jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on ARROWSTAR RESOURCES.
Auto-correlation | 0.06 |
Virtually no predictability
ARROWSTAR RESOURCES has virtually no predictability. Overlapping area represents the amount of predictability between ARROWSTAR RESOURCES time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd of December 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 ARROWSTAR RESOURCES price movement. The serial correlation of 0.06 indicates that barely 6.0% of current ARROWSTAR RESOURCES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ARROWSTAR RESOURCES lagged returns against current returns
Autocorrelation, which is ARROWSTAR RESOURCES 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 ARROWSTAR RESOURCES's stock expected returns. We can calculate the autocorrelation of ARROWSTAR RESOURCES returns to help us make a trade decision. For example, suppose you find that ARROWSTAR RESOURCES 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 |
ARROWSTAR RESOURCES 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 ARROWSTAR RESOURCES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ARROWSTAR RESOURCES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ARROWSTAR RESOURCES stock over time.
Current vs Lagged Prices |
| Timeline |
ARROWSTAR RESOURCES Lagged Returns
When evaluating ARROWSTAR RESOURCES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ARROWSTAR RESOURCES stock have on its future price. ARROWSTAR RESOURCES 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, ARROWSTAR RESOURCES autocorrelation shows the relationship between ARROWSTAR RESOURCES stock current value and its past values and can show if there is a momentum factor associated with investing in ARROWSTAR RESOURCES.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ARROWSTAR Stock
ARROWSTAR RESOURCES financial ratios help investors to determine whether ARROWSTAR Stock 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 ARROWSTAR with respect to the benefits of owning ARROWSTAR RESOURCES security.