Agedb Technology Stock Market Value
| AGET Stock | 0.17 0.01 5.56% |
| Symbol | AGEDB |
AGEDB 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 AGEDB 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 AGEDB Technology.
| 06/30/2023 |
| 01/20/2025 |
If you would invest 0.00 in AGEDB Technology on June 30, 2023 and sell it all today you would earn a total of 0.00 from holding AGEDB Technology or generate 0.0% return on investment in AGEDB Technology over 570 days. AGEDB Technology is related to or competes with Verizon Communications, Quorum Information, Bird Construction, Storage Vault, North American, Pembina Pipeline, and Primaris Retail. AGEDB Technology is entity of Canada. It is traded as Stock on V exchange. More
AGEDB 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 AGEDB 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 AGEDB Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 63.33 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 9.09 |
AGEDB Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGEDB Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGEDB Technology's standard deviation. In reality, there are many statistical measures that can use AGEDB Technology historical prices to predict the future AGEDB Technology's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | 0.2349 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AGEDB Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
AGEDB Technology Backtested Returns
AGEDB Technology secures Sharpe Ratio (or Efficiency) of -0.045, which signifies that the company had a -0.045 % return per unit of risk over the last 3 months. AGEDB Technology exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AGEDB Technology's Risk Adjusted Performance of (0.03), standard deviation of 10.03, and Mean Deviation of 3.72 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.9, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning AGEDB Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, AGEDB Technology is expected to outperform it. At this point, AGEDB Technology has a negative expected return of -0.47%. Please make sure to confirm AGEDB Technology's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if AGEDB Technology performance from the past will be repeated at some future date.
Auto-correlation | 0.42 |
Average predictability
AGEDB Technology has average predictability. Overlapping area represents the amount of predictability between AGEDB Technology time series from 30th of June 2023 to 10th of April 2024 and 10th of April 2024 to 20th 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 AGEDB Technology price movement. The serial correlation of 0.42 indicates that just about 42.0% of current AGEDB Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AGEDB Technology lagged returns against current returns
Autocorrelation, which is AGEDB 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 AGEDB Technology's stock expected returns. We can calculate the autocorrelation of AGEDB Technology returns to help us make a trade decision. For example, suppose you find that AGEDB 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 |
AGEDB 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 AGEDB Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGEDB Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGEDB Technology stock over time.
Current vs Lagged Prices |
| Timeline |
AGEDB Technology Lagged Returns
When evaluating AGEDB Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGEDB Technology stock have on its future price. AGEDB 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, AGEDB Technology autocorrelation shows the relationship between AGEDB Technology stock current value and its past values and can show if there is a momentum factor associated with investing in AGEDB Technology.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for AGEDB Stock Analysis
When running AGEDB Technology's price analysis, check to measure AGEDB 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 AGEDB Technology is operating at the current time. Most of AGEDB Technology's value examination focuses on studying past and present price action to predict the probability of AGEDB 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 AGEDB Technology's price. Additionally, you may evaluate how the addition of AGEDB Technology to your portfolios can decrease your overall portfolio volatility.