AMERICAN POTASH (Germany) Market Value
| 2P3 Stock | 0.09 0.01 7.18% |
| Symbol | AMERICAN |
Please note, there is a significant difference between AMERICAN POTASH's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMERICAN POTASH is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMERICAN POTASH's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
AMERICAN POTASH '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 POTASH's 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 AMERICAN POTASH.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in AMERICAN POTASH on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding AMERICAN POTASH P or generate 0.0% return on investment in AMERICAN POTASH over 720 days. AMERICAN POTASH is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
AMERICAN POTASH 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 POTASH's 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 AMERICAN POTASH P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.08 | |||
| Information Ratio | 0.021 | |||
| Maximum Drawdown | 43.36 | |||
| Value At Risk | (17.67) | |||
| Potential Upside | 20.0 |
AMERICAN POTASH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMERICAN POTASH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMERICAN POTASH's standard deviation. In reality, there are many statistical measures that can use AMERICAN POTASH historical prices to predict the future AMERICAN POTASH's volatility.| Risk Adjusted Performance | 0.0293 | |||
| Jensen Alpha | 0.2895 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0188 | |||
| Treynor Ratio | (0.32) |
AMERICAN POTASH P Backtested Returns
At this point, AMERICAN POTASH is out of control. AMERICAN POTASH P secures Sharpe Ratio (or Efficiency) of 0.0099, which signifies that the company had a 0.0099% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for AMERICAN POTASH P, which you can use to evaluate the volatility of the firm. Please confirm AMERICAN POTASH's Mean Deviation of 7.93, downside deviation of 12.08, and Risk Adjusted Performance of 0.0293 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The firm shows a Beta (market volatility) of -0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AMERICAN POTASH are expected to decrease at a much lower rate. During the bear market, AMERICAN POTASH is likely to outperform the market. AMERICAN POTASH P at this time shows a risk of 10.67%. Please confirm AMERICAN POTASH P semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if AMERICAN POTASH P will be following its price patterns.
Auto-correlation | -0.65 |
Very good reverse predictability
AMERICAN POTASH P has very good reverse predictability. Overlapping area represents the amount of predictability between AMERICAN POTASH time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th of December 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 AMERICAN POTASH P price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current AMERICAN POTASH price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AMERICAN POTASH P lagged returns against current returns
Autocorrelation, which is AMERICAN POTASH 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 AMERICAN POTASH's stock expected returns. We can calculate the autocorrelation of AMERICAN POTASH returns to help us make a trade decision. For example, suppose you find that AMERICAN POTASH 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 |
AMERICAN POTASH 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 POTASH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMERICAN POTASH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMERICAN POTASH stock over time.
Current vs Lagged Prices |
| Timeline |
AMERICAN POTASH Lagged Returns
When evaluating AMERICAN POTASH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMERICAN POTASH stock have on its future price. AMERICAN POTASH 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 POTASH autocorrelation shows the relationship between AMERICAN POTASH stock current value and its past values and can show if there is a momentum factor associated with investing in AMERICAN POTASH P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AMERICAN Stock
AMERICAN POTASH financial ratios help investors to determine whether AMERICAN 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 AMERICAN with respect to the benefits of owning AMERICAN POTASH security.