Affiliated Resources Corp Stock Market Value
| AFFL Stock | USD 0.07 0.01 8.41% |
| Symbol | Affiliated |
Affiliated Resources '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 Affiliated Resources' 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 Affiliated Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Affiliated Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Affiliated Resources Corp or generate 0.0% return on investment in Affiliated Resources over 90 days. Affiliated Resources is related to or competes with Coca Cola, Anheuser Busch, Allegiant Travel, Copa Holdings, Monster Beverage, and Aegean Airlines. Affiliated Resources Corporation, through ChemWay Systems, Inc., produces aftermarket automotive fluids, including autom... More
Affiliated Resources 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 Affiliated Resources' 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 Affiliated Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.91 | |||
| Information Ratio | 0.0558 | |||
| Maximum Drawdown | 92.61 | |||
| Value At Risk | (21.16) | |||
| Potential Upside | 31.94 |
Affiliated Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Affiliated Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Affiliated Resources' standard deviation. In reality, there are many statistical measures that can use Affiliated Resources historical prices to predict the future Affiliated Resources' volatility.| Risk Adjusted Performance | 0.0485 | |||
| Jensen Alpha | 0.9294 | |||
| Total Risk Alpha | 2.98 | |||
| Sortino Ratio | 0.0488 | |||
| Treynor Ratio | 0.306 |
Affiliated Resources Corp Backtested Returns
Affiliated Resources appears to be out of control, given 3 months investment horizon. Affiliated Resources Corp secures Sharpe Ratio (or Efficiency) of 0.054, which signifies that the company had a 0.054 % return per unit of standard deviation over the last 3 months. By analyzing Affiliated Resources' technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please makes use of Affiliated Resources' risk adjusted performance of 0.0485, and Mean Deviation of 7.3 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Affiliated Resources holds a performance score of 4. The firm shows a Beta (market volatility) of 2.07, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Affiliated Resources will likely underperform. Please check Affiliated Resources' potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Affiliated Resources' price patterns will revert.
Auto-correlation | 0.36 |
Below average predictability
Affiliated Resources Corp has below average predictability. Overlapping area represents the amount of predictability between Affiliated Resources time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Affiliated Resources Corp price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Affiliated Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Affiliated Resources Corp lagged returns against current returns
Autocorrelation, which is Affiliated Resources 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 Affiliated Resources' pink sheet expected returns. We can calculate the autocorrelation of Affiliated Resources returns to help us make a trade decision. For example, suppose you find that Affiliated Resources 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 |
Affiliated Resources 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 Affiliated Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Affiliated Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Affiliated Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Affiliated Resources Lagged Returns
When evaluating Affiliated Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Affiliated Resources pink sheet have on its future price. Affiliated Resources 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, Affiliated Resources autocorrelation shows the relationship between Affiliated Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Affiliated Resources Corp.
Regressed Prices |
| Timeline |
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Affiliated Resources financial ratios help investors to determine whether Affiliated 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 Affiliated with respect to the benefits of owning Affiliated Resources security.