Ackroo Inc Stock Market Value

AKR Stock  CAD 0.13  0.00  0.00%   
Ackroo's market value is the price at which a share of Ackroo trades on a public exchange. It measures the collective expectations of Ackroo Inc investors about its performance. Ackroo is selling for under 0.13 as of the 2nd of December 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.13.
With this module, you can estimate the performance of a buy and hold strategy of Ackroo Inc and determine expected loss or profit from investing in Ackroo over a given investment horizon. Check out Ackroo Correlation, Ackroo Volatility and Ackroo Alpha and Beta module to complement your research on Ackroo.
Symbol

Ackroo Inc Price To Book Ratio

Please note, there is a significant difference between Ackroo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ackroo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ackroo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ackroo '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 Ackroo'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 Ackroo.
0.00
09/03/2024
No Change 0.00  0.0 
In 2 months and 31 days
12/02/2024
0.00
If you would invest  0.00  in Ackroo on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Ackroo Inc or generate 0.0% return on investment in Ackroo over 90 days. Ackroo is related to or competes with AirIQ, NamSys, and Renoworks Software. Ackroo Inc. engages in the development and sale of an online loyalty and rewards platform that enables businesses to des... More

Ackroo 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 Ackroo'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 Ackroo Inc upside and downside potential and time the market with a certain degree of confidence.

Ackroo Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ackroo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ackroo's standard deviation. In reality, there are many statistical measures that can use Ackroo historical prices to predict the future Ackroo's volatility.
Hype
Prediction
LowEstimatedHigh
0.010.137.57
Details
Intrinsic
Valuation
LowRealHigh
0.010.107.54
Details
Naive
Forecast
LowNextHigh
00.147.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.120.130.14
Details

Ackroo Inc Backtested Returns

Ackroo appears to be out of control, given 3 months investment horizon. Ackroo Inc secures Sharpe Ratio (or Efficiency) of 0.0684, which signifies that the company had a 0.0684% return per unit of risk over the last 3 months. By analyzing Ackroo's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Ackroo's Risk Adjusted Performance of 0.06, mean deviation of 3.12, and Downside Deviation of 12.32 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ackroo holds a performance score of 5. The firm shows a Beta (market volatility) of 1.35, 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, Ackroo will likely underperform. Please check Ackroo's jensen alpha and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Ackroo's price patterns will revert.

Auto-correlation

    
  -0.16  

Insignificant reverse predictability

Ackroo Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ackroo time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 Ackroo Inc price movement. The serial correlation of -0.16 indicates that over 16.0% of current Ackroo price fluctuation can be explain by its past prices.
Correlation Coefficient-0.16
Spearman Rank Test-0.64
Residual Average0.0
Price Variance0.0

Ackroo Inc lagged returns against current returns

Autocorrelation, which is Ackroo 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 Ackroo's stock expected returns. We can calculate the autocorrelation of Ackroo returns to help us make a trade decision. For example, suppose you find that Ackroo 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  

Ackroo 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 Ackroo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ackroo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ackroo stock over time.
   Current vs Lagged Prices   
       Timeline  

Ackroo Lagged Returns

When evaluating Ackroo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ackroo stock have on its future price. Ackroo 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, Ackroo autocorrelation shows the relationship between Ackroo stock current value and its past values and can show if there is a momentum factor associated with investing in Ackroo Inc.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Ackroo Stock Analysis

When running Ackroo's price analysis, check to measure Ackroo'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 Ackroo is operating at the current time. Most of Ackroo's value examination focuses on studying past and present price action to predict the probability of Ackroo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ackroo's price. Additionally, you may evaluate how the addition of Ackroo to your portfolios can decrease your overall portfolio volatility.