Accent Resources (Germany) Market Value
| A2R Stock | EUR 0.01 0.00 0.00% |
| Symbol | Accent |
Accent Resources '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 Accent Resources' 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 Accent Resources.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Accent Resources on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Accent Resources NL or generate 0.0% return on investment in Accent Resources over 90 days. Accent Resources is related to or competes with Perseus Mining, HOCHSCHILD MINING, FUTURE GAMING, FIREWEED METALS, Boyd Gaming, Jacquet Metal, and TROPHY GAMES. Accent Resources NL is a Western Australia based exploration company listed on the Australian Securities Exchange More
Accent Resources 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 Accent Resources' 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 Accent Resources NL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 38.24 | |||
| Value At Risk | (2.86) |
Accent Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Accent Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Accent Resources' standard deviation. In reality, there are many statistical measures that can use Accent Resources historical prices to predict the future Accent Resources' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | 0.0063 | |||
| Treynor Ratio | 0.5957 |
Accent Resources Backtested Returns
Accent Resources secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12 % return per unit of standard deviation over the last 3 months. Accent Resources NL exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Accent Resources' risk adjusted performance of (0.1), and Mean Deviation of 1.43 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.97, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Accent Resources are expected to decrease slowly. On the other hand, during market turmoil, Accent Resources is expected to outperform it slightly. At this point, Accent Resources has a negative expected return of -0.58%. Please make sure to confirm Accent Resources' market risk adjusted performance, coefficient of variation, variance, as well as the relationship between the mean deviation and standard deviation , to decide if Accent Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.69 |
Good predictability
Accent Resources NL has good predictability. Overlapping area represents the amount of predictability between Accent Resources 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 Accent Resources price movement. The serial correlation of 0.69 indicates that around 69.0% of current Accent Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Accent Resources lagged returns against current returns
Autocorrelation, which is Accent Resources 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 Accent Resources' stock expected returns. We can calculate the autocorrelation of Accent Resources returns to help us make a trade decision. For example, suppose you find that Accent Resources 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 |
Accent Resources 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 Accent Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Accent Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Accent Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Accent Resources Lagged Returns
When evaluating Accent Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Accent Resources stock have on its future price. Accent Resources 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, Accent Resources autocorrelation shows the relationship between Accent Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Accent Resources NL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Accent Stock
Accent Resources financial ratios help investors to determine whether Accent 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 Accent with respect to the benefits of owning Accent Resources security.