Ab International Group Stock Market Value
| ABQQ Stock | USD 0.0009 0.0002 18.18% |
| Symbol | ABQQ |
AB 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 AB International's pink sheet 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 AB International.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in AB International on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding AB International Group or generate 0.0% return on investment in AB International over 360 days. AB International is related to or competes with BCE, Advanced Info, HUMANA, SCOR PK, Ab Pennsylvania, Small Cap, and Thrivent High. AB International Group Corp. operates as an intellectual property, movie investment, and licensing company that focuses ... More
AB 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 AB International's pink sheet 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 AB International Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.26 | |||
| Information Ratio | 0.092 | |||
| Maximum Drawdown | 112.5 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 40.0 |
AB International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AB International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AB International's standard deviation. In reality, there are many statistical measures that can use AB International historical prices to predict the future AB International's volatility.| Risk Adjusted Performance | 0.0853 | |||
| Jensen Alpha | 2.33 | |||
| Total Risk Alpha | (1.35) | |||
| Sortino Ratio | 0.0854 | |||
| Treynor Ratio | (0.63) |
AB International Backtested Returns
AB International is out of control given 3 months investment horizon. AB International retains Efficiency (Sharpe Ratio) of 0.0974, which signifies that the company had a 0.0974% return per unit of price deviation over the last 3 months. We were able to break down and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.88% are justified by taking the suggested risk. Use AB International Market Risk Adjusted Performance of (0.62), standard deviation of 19.72, and Coefficient Of Variation of 1010.06 to evaluate company specific risk that cannot be diversified away. AB International holds a performance score of 7 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -3.07, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning AB International are expected to decrease by larger amounts. On the other hand, during market turmoil, AB International is expected to outperform it. Use AB International coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on AB International.
Auto-correlation | -0.51 |
Good reverse predictability
AB International Group has good reverse predictability. Overlapping area represents the amount of predictability between AB International time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 AB International price movement. The serial correlation of -0.51 indicates that about 51.0% of current AB International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AB International lagged returns against current returns
Autocorrelation, which is AB International pink sheet'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 AB International's pink sheet expected returns. We can calculate the autocorrelation of AB International returns to help us make a trade decision. For example, suppose you find that AB International has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
AB 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 AB International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AB International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AB International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
AB International Lagged Returns
When evaluating AB International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AB International pink sheet have on its future price. AB 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, AB International autocorrelation shows the relationship between AB International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in AB International Group.
Regressed Prices |
| Timeline |
Pair Trading with AB International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AB International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AB International will appreciate offsetting losses from the drop in the long position's value.Moving against ABQQ Pink Sheet
| 0.57 | PBCRY | Bank Central Asia | PairCorr |
| 0.52 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.44 | PBCRF | PT Bank Central | PairCorr |
| 0.4 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.38 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to AB International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AB International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AB International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AB International Group to buy it.
The correlation of AB International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AB International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AB International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AB International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for ABQQ Pink Sheet Analysis
When running AB International's price analysis, check to measure AB 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 AB International is operating at the current time. Most of AB International's value examination focuses on studying past and present price action to predict the probability of AB 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 AB International's price. Additionally, you may evaluate how the addition of AB International to your portfolios can decrease your overall portfolio volatility.