Akamai Technologies, (Brazil) Market Value
| A1KA34 Stock | BRL 39.35 0.85 2.21% |
| Symbol | Akamai |
Akamai 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 Akamai Technologies,'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 Akamai Technologies,.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Akamai Technologies, on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Akamai Technologies, or generate 0.0% return on investment in Akamai Technologies, over 90 days. Akamai Technologies, is related to or competes with Warner Music, Take Two, Nordon Indstrias, METISA Metalrgica, Costco Wholesale, Microchip Technology, and Host Hotels. Akamai Technologies, Inc. provides cloud services for securing, delivering, and optimizing content and business applicat... More
Akamai 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 Akamai Technologies,'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 Akamai Technologies, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 28.57 | |||
| Value At Risk | (3.97) | |||
| Potential Upside | 1.85 |
Akamai Technologies, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akamai Technologies,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akamai Technologies,'s standard deviation. In reality, there are many statistical measures that can use Akamai Technologies, historical prices to predict the future Akamai Technologies,'s volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | 0.0587 | |||
| Treynor Ratio | (1.57) |
Akamai Technologies, Backtested Returns
Akamai Technologies, secures Sharpe Ratio (or Efficiency) of -0.0859, which signifies that the company had a -0.0859 % return per unit of standard deviation over the last 3 months. Akamai Technologies, exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Akamai Technologies,'s mean deviation of 1.4, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Akamai Technologies,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding Akamai Technologies, is expected to be smaller as well. At this point, Akamai Technologies, has a negative expected return of -0.3%. Please make sure to confirm Akamai Technologies,'s coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Akamai Technologies, performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.87 |
Very good predictability
Akamai Technologies, has very good predictability. Overlapping area represents the amount of predictability between Akamai Technologies, time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Akamai Technologies, price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Akamai Technologies, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 26.9 |
Akamai Technologies, lagged returns against current returns
Autocorrelation, which is Akamai 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 Akamai Technologies,'s stock expected returns. We can calculate the autocorrelation of Akamai Technologies, returns to help us make a trade decision. For example, suppose you find that Akamai 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 |
Akamai 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 Akamai Technologies, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akamai Technologies, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akamai Technologies, stock over time.
Current vs Lagged Prices |
| Timeline |
Akamai Technologies, Lagged Returns
When evaluating Akamai Technologies,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akamai Technologies, stock have on its future price. Akamai 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, Akamai Technologies, autocorrelation shows the relationship between Akamai Technologies, stock current value and its past values and can show if there is a momentum factor associated with investing in Akamai Technologies,.
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.Other Information on Investing in Akamai Stock
Akamai Technologies, financial ratios help investors to determine whether Akamai 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 Akamai with respect to the benefits of owning Akamai Technologies, security.