American Premium Water Stock Market Value
HIPH Stock | USD 0.0001 0.00 0.00% |
Symbol | American |
American Premium '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 American Premium'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 American Premium.
12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in American Premium on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding American Premium Water or generate 0.0% return on investment in American Premium over 30 days. American Premium is related to or competes with First Tractor, Ag Growth, AmeraMex International, Arts Way, Buhler Industries, Textainer Group, and Austin Engineering. American Premium Mining Corporation focuses on supporting the blockchain ecosystem through proof-of-work and proof-of-st... More
American Premium 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 American Premium'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 American Premium Water upside and downside potential and time the market with a certain degree of confidence.
American Premium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Premium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Premium's standard deviation. In reality, there are many statistical measures that can use American Premium historical prices to predict the future American Premium's volatility.American Premium Water Backtested Returns
American Premium Water secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27 % return per unit of standard deviation over the last 3 months. We were able to interpolate data for three different technical indicators, which can help you to evaluate if expected returns of 76.67% are justified by taking the suggested risk. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and American Premium are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
American Premium Water has no correlation between past and present. Overlapping area represents the amount of predictability between American Premium time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st of January 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 American Premium Water price movement. The serial correlation of 0.0 indicates that just 0.0% of current American Premium price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 0.87 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
American Premium Water lagged returns against current returns
Autocorrelation, which is American Premium 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 American Premium's pink sheet expected returns. We can calculate the autocorrelation of American Premium returns to help us make a trade decision. For example, suppose you find that American Premium 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 |
American Premium 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 American Premium pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Premium pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Premium pink sheet over time.
Current vs Lagged Prices |
Timeline |
American Premium Lagged Returns
When evaluating American Premium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Premium pink sheet have on its future price. American Premium 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, American Premium autocorrelation shows the relationship between American Premium pink sheet current value and its past values and can show if there is a momentum factor associated with investing in American Premium Water.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in American Pink Sheet
American Premium financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Premium security.