Adm Endeavors Stock Market Value
| ADMQ Stock | USD 0.05 0.01 23.68% |
| Symbol | ADM |
ADM Endeavors '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 ADM Endeavors' otc 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 ADM Endeavors.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in ADM Endeavors on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding ADM Endeavors or generate 0.0% return on investment in ADM Endeavors over 90 days. ADM Endeavors is related to or competes with Cintas, Thomson Reuters, Global Payments, and RB Global. ADM Endeavors, Inc., provides installation services to grocery decor and design companies primarily in the United States More
ADM Endeavors 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 ADM Endeavors' otc 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 ADM Endeavors upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.06 | |||
| Information Ratio | 0.0343 | |||
| Maximum Drawdown | 45.37 | |||
| Value At Risk | (18.63) | |||
| Potential Upside | 17.28 |
ADM Endeavors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ADM Endeavors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ADM Endeavors' standard deviation. In reality, there are many statistical measures that can use ADM Endeavors historical prices to predict the future ADM Endeavors' volatility.| Risk Adjusted Performance | 0.0472 | |||
| Jensen Alpha | 0.6172 | |||
| Total Risk Alpha | (1.05) | |||
| Sortino Ratio | 0.0275 | |||
| Treynor Ratio | (0.30) |
ADM Endeavors Backtested Returns
ADM Endeavors appears to be out of control, given 3 months investment horizon. ADM Endeavors secures Sharpe Ratio (or Efficiency) of 0.0246, which signifies that the company had a 0.0246% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for ADM Endeavors, which you can use to evaluate the volatility of the firm. Please makes use of ADM Endeavors' Semi Deviation of 7.24, mean deviation of 5.38, and Risk Adjusted Performance of 0.0472 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ADM Endeavors holds a performance score of 1. The firm shows a Beta (market volatility) of -1.45, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ADM Endeavors are expected to decrease by larger amounts. On the other hand, during market turmoil, ADM Endeavors is expected to outperform it. Please check ADM Endeavors' sortino ratio and the relationship between the downside variance and period momentum indicator , to make a quick decision on whether ADM Endeavors' price patterns will revert.
Auto-correlation | 0.21 |
Weak predictability
ADM Endeavors has weak predictability. Overlapping area represents the amount of predictability between ADM Endeavors time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 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 ADM Endeavors price movement. The serial correlation of 0.21 indicates that over 21.0% of current ADM Endeavors price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ADM Endeavors lagged returns against current returns
Autocorrelation, which is ADM Endeavors otc 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 ADM Endeavors' otc stock expected returns. We can calculate the autocorrelation of ADM Endeavors returns to help us make a trade decision. For example, suppose you find that ADM Endeavors has exhibited high autocorrelation historically, and you observe that the otc 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 |
ADM Endeavors 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 ADM Endeavors otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ADM Endeavors otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ADM Endeavors otc stock over time.
Current vs Lagged Prices |
| Timeline |
ADM Endeavors Lagged Returns
When evaluating ADM Endeavors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ADM Endeavors otc stock have on its future price. ADM Endeavors 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, ADM Endeavors autocorrelation shows the relationship between ADM Endeavors otc stock current value and its past values and can show if there is a momentum factor associated with investing in ADM Endeavors.
Regressed Prices |
| Timeline |
Pair Trading with ADM Endeavors
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 ADM Endeavors 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 ADM Endeavors will appreciate offsetting losses from the drop in the long position's value.Moving against ADM OTC Stock
The ability to find closely correlated positions to ADM Endeavors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADM Endeavors 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 ADM Endeavors - 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 ADM Endeavors to buy it.
The correlation of ADM Endeavors 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 ADM Endeavors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADM Endeavors 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 ADM Endeavors 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 ADM OTC Stock Analysis
When running ADM Endeavors' price analysis, check to measure ADM Endeavors' 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 ADM Endeavors is operating at the current time. Most of ADM Endeavors' value examination focuses on studying past and present price action to predict the probability of ADM Endeavors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADM Endeavors' price. Additionally, you may evaluate how the addition of ADM Endeavors to your portfolios can decrease your overall portfolio volatility.