Acer Incorporated (Germany) Market Value
| AC5G Stock | EUR 4.60 1.30 22.03% |
| Symbol | Acer |
Acer Incorporated '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 Acer Incorporated'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 Acer Incorporated.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Acer Incorporated on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Acer Incorporated or generate 0.0% return on investment in Acer Incorporated over 30 days. Acer Incorporated is related to or competes with Arista Networks, Lenovo Group, Lenovo Group, Legend Holdings, Toshiba Tec. Acer Incorporated researches, designs, markets, and services personal computers , information technology products, and t... More
Acer Incorporated 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 Acer Incorporated'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 Acer Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.05 | |||
| Information Ratio | 0.0503 | |||
| Maximum Drawdown | 50.29 | |||
| Value At Risk | (18.58) | |||
| Potential Upside | 17.39 |
Acer Incorporated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acer Incorporated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acer Incorporated's standard deviation. In reality, there are many statistical measures that can use Acer Incorporated historical prices to predict the future Acer Incorporated's volatility.| Risk Adjusted Performance | 0.0516 | |||
| Jensen Alpha | 0.5379 | |||
| Total Risk Alpha | 0.2445 | |||
| Sortino Ratio | 0.0313 | |||
| Treynor Ratio | (0.84) |
Acer Incorporated Backtested Returns
Acer Incorporated appears to be dangerous, given 3 months investment horizon. Acer Incorporated secures Sharpe Ratio (or Efficiency) of 0.0304, which signifies that the company had a 0.0304% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Acer Incorporated, which you can use to evaluate the volatility of the firm. Please makes use of Acer Incorporated's risk adjusted performance of 0.0516, and Mean Deviation of 6.08 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Acer Incorporated holds a performance score of 2. The firm shows a Beta (market volatility) of -0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Acer Incorporated are expected to decrease at a much lower rate. During the bear market, Acer Incorporated is likely to outperform the market. Please check Acer Incorporated's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Acer Incorporated's price patterns will revert.
Auto-correlation | 0.40 |
Average predictability
Acer Incorporated has average predictability. Overlapping area represents the amount of predictability between Acer Incorporated time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Acer Incorporated price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Acer Incorporated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Acer Incorporated lagged returns against current returns
Autocorrelation, which is Acer Incorporated 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 Acer Incorporated's stock expected returns. We can calculate the autocorrelation of Acer Incorporated returns to help us make a trade decision. For example, suppose you find that Acer Incorporated 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 |
Acer Incorporated 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 Acer Incorporated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acer Incorporated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acer Incorporated stock over time.
Current vs Lagged Prices |
| Timeline |
Acer Incorporated Lagged Returns
When evaluating Acer Incorporated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acer Incorporated stock have on its future price. Acer Incorporated 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, Acer Incorporated autocorrelation shows the relationship between Acer Incorporated stock current value and its past values and can show if there is a momentum factor associated with investing in Acer Incorporated.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Acer Stock
Acer Incorporated financial ratios help investors to determine whether Acer 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 Acer with respect to the benefits of owning Acer Incorporated security.