Anges Inc Stock Market Value
| AMGXF Stock | USD 0.36 0.00 0.00% |
| Symbol | AnGes |
AnGes '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 AnGes' 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 AnGes.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in AnGes on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding AnGes Inc or generate 0.0% return on investment in AnGes over 90 days. AnGes is related to or competes with Lexicon Pharmaceuticals, Blueprint Medicines, Day One, Halozyme Therapeutics, Checkpoint Therapeutics, Mustang Bio, and Reviva Pharmaceuticals. AnGes, Inc., a biopharmaceutical company, engages in the research and development of gene-based medical products More
AnGes 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 AnGes' 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 AnGes Inc upside and downside potential and time the market with a certain degree of confidence.
AnGes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AnGes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AnGes' standard deviation. In reality, there are many statistical measures that can use AnGes historical prices to predict the future AnGes' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AnGes' 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.
AnGes Inc Backtested Returns
We have found three technical indicators for AnGes Inc, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and AnGes are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
AnGes Inc has no correlation between past and present. Overlapping area represents the amount of predictability between AnGes time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 AnGes Inc price movement. The serial correlation of 0.0 indicates that just 0.0% of current AnGes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AnGes Inc lagged returns against current returns
Autocorrelation, which is AnGes 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 AnGes' otc stock expected returns. We can calculate the autocorrelation of AnGes returns to help us make a trade decision. For example, suppose you find that AnGes 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 |
AnGes 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 AnGes otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AnGes otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AnGes otc stock over time.
Current vs Lagged Prices |
| Timeline |
AnGes Lagged Returns
When evaluating AnGes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AnGes otc stock have on its future price. AnGes 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, AnGes autocorrelation shows the relationship between AnGes otc stock current value and its past values and can show if there is a momentum factor associated with investing in AnGes Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AnGes OTC Stock
AnGes financial ratios help investors to determine whether AnGes OTC Stock 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 AnGes with respect to the benefits of owning AnGes security.