AAC Clyde (Sweden) Market Value
| AAC Stock | SEK 45.70 0.35 0.76% |
| Symbol | AAC |
AAC Clyde '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 Clyde'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 Clyde.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in AAC Clyde on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding AAC Clyde Space or generate 0.0% return on investment in AAC Clyde over 690 days. AAC Clyde is related to or competes with Saab AB, CTT Systems, W5 Solutions, and AVTECH Sweden. AAC Clyde Space AB primarily provides solutions and services to the small satellite market in Sweden, the United Kingdom... More
AAC Clyde 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 Clyde'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 Clyde Space upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.39 | |||
| Information Ratio | 0.0826 | |||
| Maximum Drawdown | 20.58 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 7.25 |
AAC Clyde Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AAC Clyde's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AAC Clyde's standard deviation. In reality, there are many statistical measures that can use AAC Clyde historical prices to predict the future AAC Clyde's volatility.| Risk Adjusted Performance | 0.0959 | |||
| Jensen Alpha | 0.3181 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.1355 | |||
| Treynor Ratio | 0.4191 |
AAC Clyde Space Backtested Returns
AAC Clyde appears to be very steady, given 3 months investment horizon. AAC Clyde Space retains Efficiency (Sharpe Ratio) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AAC Clyde, which you can use to evaluate the volatility of the entity. Please makes use of AAC Clyde's coefficient of variation of 872.24, and Market Risk Adjusted Performance of 0.4291 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AAC Clyde holds a performance score of 9. The firm owns a Beta (Systematic Risk) of 1.05, which signifies a somewhat significant risk relative to the market. AAC Clyde returns are very sensitive to returns on the market. As the market goes up or down, AAC Clyde is expected to follow. Please check AAC Clyde's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether AAC Clyde's current price history will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
AAC Clyde Space has insignificant reverse predictability. Overlapping area represents the amount of predictability between AAC Clyde time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 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 AAC Clyde Space price movement. The serial correlation of -0.2 indicates that over 20.0% of current AAC Clyde price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 45.96 |
AAC Clyde Space lagged returns against current returns
Autocorrelation, which is AAC Clyde 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 Clyde's stock expected returns. We can calculate the autocorrelation of AAC Clyde returns to help us make a trade decision. For example, suppose you find that AAC Clyde 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 Clyde 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 Clyde stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AAC Clyde stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AAC Clyde stock over time.
Current vs Lagged Prices |
| Timeline |
AAC Clyde Lagged Returns
When evaluating AAC Clyde's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AAC Clyde stock have on its future price. AAC Clyde 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 Clyde autocorrelation shows the relationship between AAC Clyde stock current value and its past values and can show if there is a momentum factor associated with investing in AAC Clyde Space.
Regressed Prices |
| Timeline |
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Additional Tools for AAC Stock Analysis
When running AAC Clyde's price analysis, check to measure AAC Clyde'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 AAC Clyde is operating at the current time. Most of AAC Clyde's value examination focuses on studying past and present price action to predict the probability of AAC Clyde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAC Clyde's price. Additionally, you may evaluate how the addition of AAC Clyde to your portfolios can decrease your overall portfolio volatility.