Aiptek International's market value is the price at which a share of Aiptek International trades on a public exchange. It measures the collective expectations of Aiptek International investors about its performance. Aiptek International is selling for under 15.50 as of the 5th of December 2024; that is 1.27 percent decrease since the beginning of the trading day. The stock's lowest day price was 15.5. With this module, you can estimate the performance of a buy and hold strategy of Aiptek International and determine expected loss or profit from investing in Aiptek International over a given investment horizon. Check out Aiptek International Correlation, Aiptek International Volatility and Aiptek International Alpha and Beta module to complement your research on Aiptek International.
Please note, there is a significant difference between Aiptek International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aiptek International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aiptek International'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.
Aiptek International '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 Aiptek International'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 Aiptek International.
0.00
09/06/2024
No Change 0.00
0.0
In 3 months and 1 day
12/05/2024
0.00
If you would invest 0.00 in Aiptek International on September 6, 2024 and sell it all today you would earn a total of 0.00 from holding Aiptek International or generate 0.0% return on investment in Aiptek International over 90 days. Aiptek International is related to or competes with Century Wind, Ruentex Development, WiseChip Semiconductor, Novatek Microelectronics, Leader Electronics, CTCI Corp, and Information Technology. AIPTEK International Inc., together with its subsidiaries, provides projectors, digital photo frames, and camcorders in ... More
Aiptek International 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 Aiptek International'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 Aiptek International 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 Aiptek International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aiptek International's standard deviation. In reality, there are many statistical measures that can use Aiptek International historical prices to predict the future Aiptek International's volatility.
At this stage we consider Aiptek Stock to be not too volatile. Aiptek International secures Sharpe Ratio (or Efficiency) of 0.0145, which signifies that the company had a 0.0145% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Aiptek International, which you can use to evaluate the volatility of the firm. Please confirm Aiptek International's Downside Deviation of 3.32, risk adjusted performance of 0.0093, and Mean Deviation of 1.42 to double-check if the risk estimate we provide is consistent with the expected return of 0.0366%. Aiptek International has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aiptek International are expected to decrease at a much lower rate. During the bear market, Aiptek International is likely to outperform the market. Aiptek International right now shows a risk of 2.53%. Please confirm Aiptek International coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Aiptek International will be following its price patterns.
Auto-correlation
-0.23
Weak reverse predictability
Aiptek International has weak reverse predictability. Overlapping area represents the amount of predictability between Aiptek International time series from 6th of September 2024 to 21st of October 2024 and 21st of October 2024 to 5th 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 Aiptek International price movement. The serial correlation of -0.23 indicates that over 23.0% of current Aiptek International price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.23
Spearman Rank Test
0.26
Residual Average
0.0
Price Variance
0.17
Aiptek International lagged returns against current returns
Autocorrelation, which is Aiptek International 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 Aiptek International's stock expected returns. We can calculate the autocorrelation of Aiptek International returns to help us make a trade decision. For example, suppose you find that Aiptek International 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
Aiptek International 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 Aiptek International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aiptek International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aiptek International stock over time.
Current vs Lagged Prices
Timeline
Aiptek International Lagged Returns
When evaluating Aiptek International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aiptek International stock have on its future price. Aiptek International 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, Aiptek International autocorrelation shows the relationship between Aiptek International stock current value and its past values and can show if there is a momentum factor associated with investing in Aiptek International.
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 Aiptek International's price analysis, check to measure Aiptek International's 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 Aiptek International is operating at the current time. Most of Aiptek International's value examination focuses on studying past and present price action to predict the probability of Aiptek International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aiptek International's price. Additionally, you may evaluate how the addition of Aiptek International to your portfolios can decrease your overall portfolio volatility.