Acuren Stock Market Value
| ADMNF Stock | 12.70 0.07 0.55% |
| Symbol | Acuren |
Acuren '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 Acuren'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 Acuren.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Acuren on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Acuren or generate 0.0% return on investment in Acuren over 30 days. Acuren is related to or competes with AMCON Distributing, Sun Peak, Eldorado Gold, Andersons, John B, and Titan America. Andina Minerals Inc. engages in the acquisition, exploration, and development of precious metal properties in Chile. More
Acuren 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 Acuren'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 Acuren upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.56 | |||
| Information Ratio | 0.1205 | |||
| Maximum Drawdown | 34.66 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 4.35 |
Acuren Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acuren's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acuren's standard deviation. In reality, there are many statistical measures that can use Acuren historical prices to predict the future Acuren's volatility.| Risk Adjusted Performance | 0.0995 | |||
| Jensen Alpha | 0.4402 | |||
| Total Risk Alpha | 0.4145 | |||
| Sortino Ratio | 0.1218 | |||
| Treynor Ratio | (1.54) |
Acuren Backtested Returns
Acuren appears to be somewhat reliable, given 3 months investment horizon. Acuren secures Sharpe Ratio (or Efficiency) 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 Acuren, which you can use to evaluate the volatility of the firm. Please makes use of Acuren's Downside Deviation of 3.56, mean deviation of 1.48, and Risk Adjusted Performance of 0.0995 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Acuren holds a performance score of 9. The firm shows a Beta (market volatility) of -0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Acuren are expected to decrease at a much lower rate. During the bear market, Acuren is likely to outperform the market. Please check Acuren's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Acuren's price patterns will revert.
Auto-correlation | 0.44 |
Average predictability
Acuren has average predictability. Overlapping area represents the amount of predictability between Acuren time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Acuren price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Acuren price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Acuren lagged returns against current returns
Autocorrelation, which is Acuren 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 Acuren's pink sheet expected returns. We can calculate the autocorrelation of Acuren returns to help us make a trade decision. For example, suppose you find that Acuren 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 |
Acuren 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 Acuren pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acuren pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acuren pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Acuren Lagged Returns
When evaluating Acuren's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acuren pink sheet have on its future price. Acuren 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, Acuren autocorrelation shows the relationship between Acuren pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Acuren.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Acuren Pink Sheet
Acuren financial ratios help investors to determine whether Acuren Pink Sheet 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 Acuren with respect to the benefits of owning Acuren security.