AAC TECHNOLOGHLDGADR (Germany) Market Value
| A2X Stock | 6.25 0.35 5.93% |
| Symbol | AAC |
AAC TECHNOLOGHLDGADR '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 AAC TECHNOLOGHLDGADR'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 AAC TECHNOLOGHLDGADR.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in AAC TECHNOLOGHLDGADR on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding AAC TECHNOLOGHLDGADR or generate 0.0% return on investment in AAC TECHNOLOGHLDGADR over 90 days. AAC TECHNOLOGHLDGADR is related to or competes with Prosiebensat, AcadeMedia, Southern Cross, ATRESMEDIA, and Neinor Homes. More
AAC TECHNOLOGHLDGADR 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 AAC TECHNOLOGHLDGADR'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 AAC TECHNOLOGHLDGADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.39 | |||
| Information Ratio | 0.1738 | |||
| Maximum Drawdown | 18.29 | |||
| Value At Risk | (5.65) | |||
| Potential Upside | 8.07 |
AAC TECHNOLOGHLDGADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AAC TECHNOLOGHLDGADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AAC TECHNOLOGHLDGADR's standard deviation. In reality, there are many statistical measures that can use AAC TECHNOLOGHLDGADR historical prices to predict the future AAC TECHNOLOGHLDGADR's volatility.| Risk Adjusted Performance | 0.1373 | |||
| Jensen Alpha | 0.6576 | |||
| Total Risk Alpha | 1.07 | |||
| Sortino Ratio | 0.203 | |||
| Treynor Ratio | 0.7971 |
AAC TECHNOLOGHLDGADR Backtested Returns
AAC TECHNOLOGHLDGADR appears to be moderately volatile, given 3 months investment horizon. AAC TECHNOLOGHLDGADR retains Efficiency (Sharpe Ratio) of 0.17, which signifies that the company had a 0.17 % return per unit of risk over the last 3 months. By examining AAC TECHNOLOGHLDGADR's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of AAC TECHNOLOGHLDGADR's market risk adjusted performance of 0.8071, and Coefficient Of Variation of 672.35 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AAC TECHNOLOGHLDGADR holds a performance score of 13. The firm owns a Beta (Systematic Risk) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AAC TECHNOLOGHLDGADR's returns are expected to increase less than the market. However, during the bear market, the loss of holding AAC TECHNOLOGHLDGADR is expected to be smaller as well. Please check AAC TECHNOLOGHLDGADR's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether AAC TECHNOLOGHLDGADR's current price history will revert.
Auto-correlation | 0.22 |
Weak predictability
AAC TECHNOLOGHLDGADR has weak predictability. Overlapping area represents the amount of predictability between AAC TECHNOLOGHLDGADR time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 AAC TECHNOLOGHLDGADR price movement. The serial correlation of 0.22 indicates that over 22.0% of current AAC TECHNOLOGHLDGADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
AAC TECHNOLOGHLDGADR lagged returns against current returns
Autocorrelation, which is AAC TECHNOLOGHLDGADR 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 AAC TECHNOLOGHLDGADR's stock expected returns. We can calculate the autocorrelation of AAC TECHNOLOGHLDGADR returns to help us make a trade decision. For example, suppose you find that AAC TECHNOLOGHLDGADR 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 |
AAC TECHNOLOGHLDGADR 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 AAC TECHNOLOGHLDGADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AAC TECHNOLOGHLDGADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AAC TECHNOLOGHLDGADR stock over time.
Current vs Lagged Prices |
| Timeline |
AAC TECHNOLOGHLDGADR Lagged Returns
When evaluating AAC TECHNOLOGHLDGADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AAC TECHNOLOGHLDGADR stock have on its future price. AAC TECHNOLOGHLDGADR 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, AAC TECHNOLOGHLDGADR autocorrelation shows the relationship between AAC TECHNOLOGHLDGADR stock current value and its past values and can show if there is a momentum factor associated with investing in AAC TECHNOLOGHLDGADR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AAC Stock
AAC TECHNOLOGHLDGADR financial ratios help investors to determine whether AAC 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 AAC with respect to the benefits of owning AAC TECHNOLOGHLDGADR security.