Posabit Systems Corp Stock Market Value
| POSAF Stock | USD 0.08 0.01 7.16% |
| Symbol | POSaBIT |
POSaBIT Systems '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 POSaBIT Systems' otc 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 POSaBIT Systems.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in POSaBIT Systems on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding POSaBIT Systems Corp or generate 0.0% return on investment in POSaBIT Systems over 30 days. POSaBIT Systems is related to or competes with Appen, Appen, Atos SE, Atos Origin, Direct Communication, Capgemini, and Quisitive Technology. POSaBIT Systems Corporation, a financial technology company, provides block chain-enabled payment processing and point-o... More
POSaBIT Systems 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 POSaBIT Systems' otc 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 POSaBIT Systems Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.24 | |||
| Information Ratio | 0.0036 | |||
| Maximum Drawdown | 53.02 | |||
| Value At Risk | (13.22) | |||
| Potential Upside | 15.79 |
POSaBIT Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for POSaBIT Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as POSaBIT Systems' standard deviation. In reality, there are many statistical measures that can use POSaBIT Systems historical prices to predict the future POSaBIT Systems' volatility.| Risk Adjusted Performance | 0.0203 | |||
| Jensen Alpha | 0.1467 | |||
| Total Risk Alpha | (1.17) | |||
| Sortino Ratio | 0.0036 | |||
| Treynor Ratio | (1.26) |
POSaBIT Systems Corp Backtested Returns
POSaBIT Systems appears to be out of control, given 3 months investment horizon. POSaBIT Systems Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0259, which implies the firm had a 0.0259% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for POSaBIT Systems Corp, which you can use to evaluate the volatility of the company. Please evaluate POSaBIT Systems' Risk Adjusted Performance of 0.0203, market risk adjusted performance of (1.25), and Semi Deviation of 9.45 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, POSaBIT Systems holds a performance score of 2. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning POSaBIT Systems are expected to decrease at a much lower rate. During the bear market, POSaBIT Systems is likely to outperform the market. Please check POSaBIT Systems' maximum drawdown, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to make a quick decision on whether POSaBIT Systems' historical price patterns will revert.
Auto-correlation | 0.42 |
Average predictability
POSaBIT Systems Corp has average predictability. Overlapping area represents the amount of predictability between POSaBIT Systems time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 POSaBIT Systems Corp price movement. The serial correlation of 0.42 indicates that just about 42.0% of current POSaBIT Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
POSaBIT Systems Corp lagged returns against current returns
Autocorrelation, which is POSaBIT Systems otc 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 POSaBIT Systems' otc stock expected returns. We can calculate the autocorrelation of POSaBIT Systems returns to help us make a trade decision. For example, suppose you find that POSaBIT Systems has exhibited high autocorrelation historically, and you observe that the otc 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 |
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POSaBIT Systems 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 POSaBIT Systems otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if POSaBIT Systems otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in POSaBIT Systems otc stock over time.
Current vs Lagged Prices |
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POSaBIT Systems Lagged Returns
When evaluating POSaBIT Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of POSaBIT Systems otc stock have on its future price. POSaBIT Systems 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, POSaBIT Systems autocorrelation shows the relationship between POSaBIT Systems otc stock current value and its past values and can show if there is a momentum factor associated with investing in POSaBIT Systems Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in POSaBIT OTC Stock
POSaBIT Systems financial ratios help investors to determine whether POSaBIT OTC 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 POSaBIT with respect to the benefits of owning POSaBIT Systems security.