Usa Equities Corp Stock Market Value
| USAQ Stock | USD 0.18 0.03 20.00% |
| Symbol | USA |
USA Equities '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 USA Equities' 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 USA Equities.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in USA Equities on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding USA Equities Corp or generate 0.0% return on investment in USA Equities over 180 days. USA Equities is related to or competes with Brainsway, Venus Concept, Tactile Systems, Icecure Medical, BrainsWay, SurModics, and STRATA Skin. QHSLab, Inc., a medical device technology and software as a service company, focuses on value-based healthcare, informat... More
USA Equities 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 USA Equities' 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 USA Equities Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.16 | |||
| Information Ratio | 0.0147 | |||
| Maximum Drawdown | 109.29 | |||
| Value At Risk | (17.65) | |||
| Potential Upside | 30.0 |
USA Equities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for USA Equities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as USA Equities' standard deviation. In reality, there are many statistical measures that can use USA Equities historical prices to predict the future USA Equities' volatility.| Risk Adjusted Performance | 0.0276 | |||
| Jensen Alpha | 0.8359 | |||
| Total Risk Alpha | (1.97) | |||
| Sortino Ratio | 0.0126 | |||
| Treynor Ratio | (0.08) |
USA Equities Corp Backtested Returns
USA Equities appears to be out of control, given 3 months investment horizon. USA Equities Corp retains Efficiency (Sharpe Ratio) of 0.0242, which indicates the firm had a 0.0242% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for USA Equities, which you can use to evaluate the volatility of the company. Please review USA Equities' risk adjusted performance of 0.0276, and Downside Deviation of 17.16 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, USA Equities holds a performance score of 1. The entity owns a Beta (Systematic Risk) of -4.15, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning USA Equities are expected to decrease by larger amounts. On the other hand, during market turmoil, USA Equities is expected to outperform it. Please check USA Equities' jensen alpha and the relationship between the value at risk and day median price , to make a quick decision on whether USA Equities' current price history will revert.
Auto-correlation | 0.13 |
Insignificant predictability
USA Equities Corp has insignificant predictability. Overlapping area represents the amount of predictability between USA Equities time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 USA Equities Corp price movement. The serial correlation of 0.13 indicates that less than 13.0% of current USA Equities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
USA Equities Corp lagged returns against current returns
Autocorrelation, which is USA Equities 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 USA Equities' otc stock expected returns. We can calculate the autocorrelation of USA Equities returns to help us make a trade decision. For example, suppose you find that USA Equities 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 |
| Timeline |
USA Equities 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 USA Equities otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if USA Equities otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in USA Equities otc stock over time.
Current vs Lagged Prices |
| Timeline |
USA Equities Lagged Returns
When evaluating USA Equities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of USA Equities otc stock have on its future price. USA Equities 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, USA Equities autocorrelation shows the relationship between USA Equities otc stock current value and its past values and can show if there is a momentum factor associated with investing in USA Equities Corp.
Regressed Prices |
| Timeline |
Pair Trading with USA Equities
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if USA Equities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in USA Equities will appreciate offsetting losses from the drop in the long position's value.Moving against USA OTC Stock
| 0.37 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.35 | WMT | Walmart Aggressive Push | PairCorr |
| 0.34 | T | ATT Inc Aggressive Push | PairCorr |
| 0.34 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
The ability to find closely correlated positions to USA Equities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace USA Equities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back USA Equities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling USA Equities Corp to buy it.
The correlation of USA Equities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as USA Equities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if USA Equities Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for USA Equities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for USA OTC Stock Analysis
When running USA Equities' price analysis, check to measure USA Equities' 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 USA Equities is operating at the current time. Most of USA Equities' value examination focuses on studying past and present price action to predict the probability of USA Equities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move USA Equities' price. Additionally, you may evaluate how the addition of USA Equities to your portfolios can decrease your overall portfolio volatility.