Excite Technology (Australia) Market Value
| EXT Stock | 0.02 0 6.25% |
| Symbol | Excite |
Excite Technology '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 Excite Technology'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 Excite Technology.
| 01/26/2025 |
| 02/25/2025 |
If you would invest 0.00 in Excite Technology on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Excite Technology Services or generate 0.0% return on investment in Excite Technology over 30 days. Excite Technology is related to or competes with Mirrabooka Investments, Alternative Investment, Sports Entertainment, Autosports, Steamships Trading, Auctus Alternative, and Argo Investments. Excite Technology is entity of Australia More
Excite Technology 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 Excite Technology'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 Excite Technology Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.37 | |||
| Information Ratio | 0.1035 | |||
| Maximum Drawdown | 36.51 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 18.75 |
Excite Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Excite Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Excite Technology's standard deviation. In reality, there are many statistical measures that can use Excite Technology historical prices to predict the future Excite Technology's volatility.| Risk Adjusted Performance | 0.0856 | |||
| Jensen Alpha | 0.8174 | |||
| Total Risk Alpha | 0.8736 | |||
| Sortino Ratio | 0.0881 | |||
| Treynor Ratio | (1.07) |
Excite Technology Backtested Returns
Excite Technology appears to be out of control, given 3 months investment horizon. Excite Technology secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11 % return per unit of standard deviation over the last 3 months. By reviewing Excite Technology's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize Excite Technology's Mean Deviation of 5.4, downside deviation of 9.37, and Semi Deviation of 5.05 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Excite Technology holds a performance score of 8. The firm shows a Beta (market volatility) of -0.77, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Excite Technology are expected to decrease at a much lower rate. During the bear market, Excite Technology is likely to outperform the market. Please check Excite Technology's mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Excite Technology's price patterns will revert.
Auto-correlation | 0.61 |
Good predictability
Excite Technology Services has good predictability. Overlapping area represents the amount of predictability between Excite Technology time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Excite Technology price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Excite Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Excite Technology lagged returns against current returns
Autocorrelation, which is Excite Technology 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 Excite Technology's stock expected returns. We can calculate the autocorrelation of Excite Technology returns to help us make a trade decision. For example, suppose you find that Excite Technology 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 |
Excite Technology 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 Excite Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Excite Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Excite Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Excite Technology Lagged Returns
When evaluating Excite Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Excite Technology stock have on its future price. Excite Technology 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, Excite Technology autocorrelation shows the relationship between Excite Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Excite Technology Services.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Excite Stock Analysis
When running Excite Technology's price analysis, check to measure Excite Technology'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 Excite Technology is operating at the current time. Most of Excite Technology's value examination focuses on studying past and present price action to predict the probability of Excite Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Excite Technology's price. Additionally, you may evaluate how the addition of Excite Technology to your portfolios can decrease your overall portfolio volatility.