Actinogen Medical (Australia) Market Value
| ACW Stock | 0.03 0 3.45% |
| Symbol | Actinogen |
Actinogen Medical '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 Actinogen Medical'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 Actinogen Medical.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Actinogen Medical on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Actinogen Medical or generate 0.0% return on investment in Actinogen Medical over 90 days. Actinogen Medical is related to or competes with Centaurus Metals, Navigator Global, Flagship Investments, BKI Investment, Steamships Trading, Mirrabooka Investments, and Hudson Investment. Actinogen Medical is entity of Australia More
Actinogen Medical 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 Actinogen Medical'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 Actinogen Medical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.05 | |||
| Information Ratio | 0.0366 | |||
| Maximum Drawdown | 38.18 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 8.11 |
Actinogen Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Actinogen Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Actinogen Medical's standard deviation. In reality, there are many statistical measures that can use Actinogen Medical historical prices to predict the future Actinogen Medical's volatility.| Risk Adjusted Performance | 0.0247 | |||
| Jensen Alpha | 0.0398 | |||
| Total Risk Alpha | 0.7883 | |||
| Sortino Ratio | 0.0288 | |||
| Treynor Ratio | (0.19) |
Actinogen Medical Backtested Returns
Actinogen Medical appears to be out of control, given 3 months investment horizon. Actinogen Medical secures Sharpe Ratio (or Efficiency) of 0.0693, which signifies that the company had a 0.0693 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Actinogen Medical, which you can use to evaluate the volatility of the firm. Please makes use of Actinogen Medical's Risk Adjusted Performance of 0.0247, mean deviation of 3.82, and Downside Deviation of 7.05 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Actinogen Medical holds a performance score of 5. The firm shows a Beta (market volatility) of -0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Actinogen Medical are expected to decrease at a much lower rate. During the bear market, Actinogen Medical is likely to outperform the market. Please check Actinogen Medical's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Actinogen Medical's price patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Actinogen Medical has poor reverse predictability. Overlapping area represents the amount of predictability between Actinogen Medical time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Actinogen Medical price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Actinogen Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Actinogen Medical lagged returns against current returns
Autocorrelation, which is Actinogen Medical 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 Actinogen Medical's stock expected returns. We can calculate the autocorrelation of Actinogen Medical returns to help us make a trade decision. For example, suppose you find that Actinogen Medical 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 |
Actinogen Medical 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 Actinogen Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Actinogen Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Actinogen Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Actinogen Medical Lagged Returns
When evaluating Actinogen Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Actinogen Medical stock have on its future price. Actinogen Medical 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, Actinogen Medical autocorrelation shows the relationship between Actinogen Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Actinogen Medical.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Actinogen Stock Analysis
When running Actinogen Medical's price analysis, check to measure Actinogen Medical'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 Actinogen Medical is operating at the current time. Most of Actinogen Medical's value examination focuses on studying past and present price action to predict the probability of Actinogen Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Actinogen Medical's price. Additionally, you may evaluate how the addition of Actinogen Medical to your portfolios can decrease your overall portfolio volatility.