Arcticzymes Technologies (UK) Market Value
| 0DRV Stock | 17.58 0.14 0.79% |
| Symbol | Arcticzymes |
Arcticzymes Technologies '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 Arcticzymes Technologies' 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 Arcticzymes Technologies.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Arcticzymes Technologies on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Arcticzymes Technologies ASA or generate 0.0% return on investment in Arcticzymes Technologies over 90 days. Arcticzymes Technologies is related to or competes with Sparebank, Cembra Money, Sunny Optical, Science In, Sabien Technology, Pfeiffer Vacuum, and Check Point. More
Arcticzymes Technologies 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 Arcticzymes Technologies' 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 Arcticzymes Technologies ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.05 | |||
| Information Ratio | 0.1313 | |||
| Maximum Drawdown | 40.76 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 3.77 |
Arcticzymes Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arcticzymes Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arcticzymes Technologies' standard deviation. In reality, there are many statistical measures that can use Arcticzymes Technologies historical prices to predict the future Arcticzymes Technologies' volatility.| Risk Adjusted Performance | 0.104 | |||
| Jensen Alpha | 0.4938 | |||
| Total Risk Alpha | 1.09 | |||
| Sortino Ratio | 0.1516 | |||
| Treynor Ratio | (4.97) |
Arcticzymes Technologies Backtested Returns
Arcticzymes Technologies appears to be somewhat reliable, given 3 months investment horizon. Arcticzymes Technologies secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of standard deviation over the last 3 months. By analyzing Arcticzymes Technologies' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Arcticzymes Technologies' mean deviation of 1.86, and Risk Adjusted Performance of 0.104 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Arcticzymes Technologies holds a performance score of 8. The firm shows a Beta (market volatility) of -0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Arcticzymes Technologies are expected to decrease at a much lower rate. During the bear market, Arcticzymes Technologies is likely to outperform the market. Please check Arcticzymes Technologies' 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 Arcticzymes Technologies' price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
Arcticzymes Technologies ASA has good predictability. Overlapping area represents the amount of predictability between Arcticzymes Technologies time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Arcticzymes Technologies price movement. The serial correlation of 0.71 indicates that around 71.0% of current Arcticzymes Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 5.44 |
Arcticzymes Technologies lagged returns against current returns
Autocorrelation, which is Arcticzymes Technologies 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 Arcticzymes Technologies' stock expected returns. We can calculate the autocorrelation of Arcticzymes Technologies returns to help us make a trade decision. For example, suppose you find that Arcticzymes Technologies 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 |
Arcticzymes Technologies 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 Arcticzymes Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arcticzymes Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arcticzymes Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Arcticzymes Technologies Lagged Returns
When evaluating Arcticzymes Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arcticzymes Technologies stock have on its future price. Arcticzymes Technologies 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, Arcticzymes Technologies autocorrelation shows the relationship between Arcticzymes Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Arcticzymes Technologies ASA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Arcticzymes Stock Analysis
When running Arcticzymes Technologies' price analysis, check to measure Arcticzymes Technologies' 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 Arcticzymes Technologies is operating at the current time. Most of Arcticzymes Technologies' value examination focuses on studying past and present price action to predict the probability of Arcticzymes Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcticzymes Technologies' price. Additionally, you may evaluate how the addition of Arcticzymes Technologies to your portfolios can decrease your overall portfolio volatility.