Accesso Technology (UK) Market Value
| ACSO Stock | 490.00 6.00 1.21% |
| Symbol | Accesso |
Accesso Technology '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 Accesso Technology'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 Accesso Technology.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Accesso Technology on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Accesso Technology Group or generate 0.0% return on investment in Accesso Technology over 30 days. Accesso Technology is related to or competes with Sligro Food, Geely Automobile, Taiwan Semiconductor, Primary Health, Premier Foods, Solstad Offshore, and United Utilities. Accesso Technology is entity of United Kingdom More
Accesso Technology 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 Accesso Technology'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 Accesso Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 14.01 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 3.52 |
Accesso Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Accesso Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Accesso Technology's standard deviation. In reality, there are many statistical measures that can use Accesso Technology historical prices to predict the future Accesso Technology's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 1.21 |
Accesso Technology Backtested Returns
Accesso Technology secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of standard deviation over the last 3 months. Accesso Technology Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Accesso Technology's mean deviation of 1.77, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0591, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Accesso Technology are expected to decrease at a much lower rate. During the bear market, Accesso Technology is likely to outperform the market. At this point, Accesso Technology has a negative expected return of -0.0159%. Please make sure to confirm Accesso Technology's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Accesso Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Accesso Technology Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Accesso Technology time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 Accesso Technology price movement. The serial correlation of -0.19 indicates that over 19.0% of current Accesso Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 132.84 |
Accesso Technology lagged returns against current returns
Autocorrelation, which is Accesso Technology 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 Accesso Technology's stock expected returns. We can calculate the autocorrelation of Accesso Technology returns to help us make a trade decision. For example, suppose you find that Accesso Technology 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 |
Accesso Technology 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 Accesso Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Accesso Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Accesso Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Accesso Technology Lagged Returns
When evaluating Accesso Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Accesso Technology stock have on its future price. Accesso Technology 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, Accesso Technology autocorrelation shows the relationship between Accesso Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Accesso Technology Group.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Accesso Stock Analysis
When running Accesso Technology's price analysis, check to measure Accesso Technology'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 Accesso Technology is operating at the current time. Most of Accesso Technology's value examination focuses on studying past and present price action to predict the probability of Accesso Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accesso Technology's price. Additionally, you may evaluate how the addition of Accesso Technology to your portfolios can decrease your overall portfolio volatility.