Action Electronics' market value is the price at which a share of Action Electronics trades on a public exchange. It measures the collective expectations of Action Electronics Co investors about its performance. Action Electronics is selling for under 19.10 as of the 7th of January 2025; that is 0.53 percent increase since the beginning of the trading day. The stock's lowest day price was 19.05. With this module, you can estimate the performance of a buy and hold strategy of Action Electronics Co and determine expected loss or profit from investing in Action Electronics over a given investment horizon. Check out Action Electronics Correlation, Action Electronics Volatility and Action Electronics Alpha and Beta module to complement your research on Action Electronics.
Please note, there is a significant difference between Action Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Action Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Action Electronics' 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.
Action Electronics '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 Action Electronics' 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 Action Electronics.
0.00
12/08/2024
No Change 0.00
0.0
In 30 days
01/07/2025
0.00
If you would invest 0.00 in Action Electronics on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Action Electronics Co or generate 0.0% return on investment in Action Electronics over 30 days. Action Electronics is related to or competes with Amtran Technology, Asia Optical, Emerging Display, Bright Led, and HannsTouch Solution. Action Electronics Co., Ltd., together with its subsidiaries, designs, manufactures, and markets consumer electronic pro... More
Action Electronics 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 Action Electronics' 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 Action Electronics Co upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Action Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Action Electronics' standard deviation. In reality, there are many statistical measures that can use Action Electronics historical prices to predict the future Action Electronics' volatility.
At this stage we consider Action Stock to be not too volatile. Action Electronics secures Sharpe Ratio (or Efficiency) of 0.0316, which signifies that the company had a 0.0316% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Action Electronics Co, which you can use to evaluate the volatility of the firm. Please confirm Action Electronics' Mean Deviation of 1.59, downside deviation of 2.46, and Risk Adjusted Performance of 0.009 to double-check if the risk estimate we provide is consistent with the expected return of 0.0753%. Action Electronics has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Action Electronics are expected to decrease at a much lower rate. During the bear market, Action Electronics is likely to outperform the market. Action Electronics right now shows a risk of 2.38%. Please confirm Action Electronics standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Action Electronics will be following its price patterns.
Auto-correlation
0.78
Good predictability
Action Electronics Co has good predictability. Overlapping area represents the amount of predictability between Action Electronics time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 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 Action Electronics price movement. The serial correlation of 0.78 indicates that around 78.0% of current Action Electronics price fluctuation can be explain by its past prices.
Correlation Coefficient
0.78
Spearman Rank Test
0.64
Residual Average
0.0
Price Variance
0.21
Action Electronics lagged returns against current returns
Autocorrelation, which is Action Electronics 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 Action Electronics' stock expected returns. We can calculate the autocorrelation of Action Electronics returns to help us make a trade decision. For example, suppose you find that Action Electronics 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
Action Electronics 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 Action Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Action Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Action Electronics stock over time.
Current vs Lagged Prices
Timeline
Action Electronics Lagged Returns
When evaluating Action Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Action Electronics stock have on its future price. Action Electronics 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, Action Electronics autocorrelation shows the relationship between Action Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in Action Electronics Co.
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.
When running Action Electronics' price analysis, check to measure Action Electronics' 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 Action Electronics is operating at the current time. Most of Action Electronics' value examination focuses on studying past and present price action to predict the probability of Action Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Action Electronics' price. Additionally, you may evaluate how the addition of Action Electronics to your portfolios can decrease your overall portfolio volatility.