Aeluma Inc Stock Market Value
| ALMU Stock | 8.50 0.40 4.94% |
| Symbol | Aeluma |
Aeluma '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 Aeluma's 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 Aeluma.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Aeluma on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Aeluma Inc or generate 0.0% return on investment in Aeluma over 30 days. Aeluma is related to or competes with Alphawave, Arteris, Rohm Co, Ams AG, Intchains Group, Guerrilla, and NVE. More
Aeluma 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 Aeluma's 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 Aeluma Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.2 | |||
| Information Ratio | 0.1948 | |||
| Maximum Drawdown | 79.86 | |||
| Value At Risk | (8.96) | |||
| Potential Upside | 20.55 |
Aeluma Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aeluma's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aeluma's standard deviation. In reality, there are many statistical measures that can use Aeluma historical prices to predict the future Aeluma's volatility.| Risk Adjusted Performance | 0.166 | |||
| Jensen Alpha | 2.09 | |||
| Total Risk Alpha | 1.79 | |||
| Sortino Ratio | 0.2524 | |||
| Treynor Ratio | 9.4 |
Aeluma Inc Backtested Returns
Aeluma is very risky given 3 months investment horizon. Aeluma Inc secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We have collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.11% are justified by taking the suggested risk. Use Aeluma Risk Adjusted Performance of 0.166, downside deviation of 8.2, and Mean Deviation of 6.12 to evaluate company specific risk that cannot be diversified away. Aeluma holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aeluma's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aeluma is expected to be smaller as well. Use Aeluma downside variance, and the relationship between the sortino ratio and accumulation distribution , to analyze future returns on Aeluma.
Auto-correlation | 0.67 |
Good predictability
Aeluma Inc has good predictability. Overlapping area represents the amount of predictability between Aeluma time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Aeluma Inc price movement. The serial correlation of 0.67 indicates that around 67.0% of current Aeluma price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 5.37 |
Aeluma Inc lagged returns against current returns
Autocorrelation, which is Aeluma 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 Aeluma's otc stock expected returns. We can calculate the autocorrelation of Aeluma returns to help us make a trade decision. For example, suppose you find that Aeluma 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 |
Aeluma 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 Aeluma otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aeluma otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aeluma otc stock over time.
Current vs Lagged Prices |
| Timeline |
Aeluma Lagged Returns
When evaluating Aeluma's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aeluma otc stock have on its future price. Aeluma 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, Aeluma autocorrelation shows the relationship between Aeluma otc stock current value and its past values and can show if there is a momentum factor associated with investing in Aeluma Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Aeluma OTC Stock Analysis
When running Aeluma's price analysis, check to measure Aeluma'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 Aeluma is operating at the current time. Most of Aeluma's value examination focuses on studying past and present price action to predict the probability of Aeluma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeluma's price. Additionally, you may evaluate how the addition of Aeluma to your portfolios can decrease your overall portfolio volatility.