ACADIA HEALTHCARE INC Market Value
| 00404AAP4 | 92.89 1.25 1.33% |
| Symbol | ACADIA |
ACADIA '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 ACADIA's bond 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 ACADIA.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in ACADIA on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding ACADIA HEALTHCARE INC or generate 0.0% return on investment in ACADIA over 30 days. ACADIA is related to or competes with SunOpta, Titan Machinery, Dolphin Entertainment, Gap,, Cedar Realty, Getty Realty, and 51Talk Online. More
ACADIA 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 ACADIA's bond 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 ACADIA HEALTHCARE INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 4.07 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 0.5672 |
ACADIA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACADIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACADIA's standard deviation. In reality, there are many statistical measures that can use ACADIA historical prices to predict the future ACADIA's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.3943 |
ACADIA HEALTHCARE INC Backtested Returns
ACADIA HEALTHCARE INC retains Efficiency (Sharpe Ratio) of -0.13, which signifies that the bond had a -0.13% return per unit of risk over the last 3 months. ACADIA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ACADIA's market risk adjusted performance of 0.4043, and Variance of 0.4381 to double-check the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ACADIA are expected to decrease at a much lower rate. During the bear market, ACADIA is likely to outperform the market.
Auto-correlation | 0.25 |
Poor predictability
ACADIA HEALTHCARE INC has poor predictability. Overlapping area represents the amount of predictability between ACADIA time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 ACADIA HEALTHCARE INC price movement. The serial correlation of 0.25 indicates that over 25.0% of current ACADIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
ACADIA HEALTHCARE INC lagged returns against current returns
Autocorrelation, which is ACADIA bond'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 ACADIA's bond expected returns. We can calculate the autocorrelation of ACADIA returns to help us make a trade decision. For example, suppose you find that ACADIA has exhibited high autocorrelation historically, and you observe that the bond 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 |
ACADIA 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 ACADIA bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACADIA bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACADIA bond over time.
Current vs Lagged Prices |
| Timeline |
ACADIA Lagged Returns
When evaluating ACADIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACADIA bond have on its future price. ACADIA 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, ACADIA autocorrelation shows the relationship between ACADIA bond current value and its past values and can show if there is a momentum factor associated with investing in ACADIA HEALTHCARE INC.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in ACADIA Bond
ACADIA financial ratios help investors to determine whether ACADIA Bond 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 ACADIA with respect to the benefits of owning ACADIA security.