Ammpower Corp Stock Market Value
| AMMPF Stock | USD 0.03 0 7.53% |
| Symbol | AmmPower |
AmmPower Corp '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 AmmPower Corp'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 AmmPower Corp.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in AmmPower Corp on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding AmmPower Corp or generate 0.0% return on investment in AmmPower Corp over 360 days. AmmPower Corp is related to or competes with Harmony Gold, SPACE, T Rowe, Ampleforth, Ionet, SEI Investments, and Embecta Corp. AmmPower Corp. operates as a resource exploration company in Canada More
AmmPower Corp 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 AmmPower Corp'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 AmmPower Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.15 | |||
| Information Ratio | 0.1701 | |||
| Maximum Drawdown | 84.2 | |||
| Value At Risk | (17.36) | |||
| Potential Upside | 33.1 |
AmmPower Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AmmPower Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AmmPower Corp's standard deviation. In reality, there are many statistical measures that can use AmmPower Corp historical prices to predict the future AmmPower Corp's volatility.| Risk Adjusted Performance | 0.1456 | |||
| Jensen Alpha | 3.47 | |||
| Total Risk Alpha | 0.4338 | |||
| Sortino Ratio | 0.2179 | |||
| Treynor Ratio | (0.44) |
AmmPower Corp Backtested Returns
AmmPower Corp is out of control given 3 months investment horizon. AmmPower Corp secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.95% are justified by taking the suggested risk. Use AmmPower Corp Downside Deviation of 12.15, mean deviation of 11.63, and Risk Adjusted Performance of 0.1456 to evaluate company specific risk that cannot be diversified away. AmmPower Corp holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -6.23, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning AmmPower Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, AmmPower Corp is expected to outperform it. Use AmmPower Corp total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to analyze future returns on AmmPower Corp.
Auto-correlation | -0.05 |
Very weak reverse predictability
AmmPower Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between AmmPower Corp time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 AmmPower Corp price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current AmmPower Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AmmPower Corp lagged returns against current returns
Autocorrelation, which is AmmPower Corp 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 AmmPower Corp's otc stock expected returns. We can calculate the autocorrelation of AmmPower Corp returns to help us make a trade decision. For example, suppose you find that AmmPower Corp 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 |
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AmmPower Corp 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 AmmPower Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AmmPower Corp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AmmPower Corp otc stock over time.
Current vs Lagged Prices |
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AmmPower Corp Lagged Returns
When evaluating AmmPower Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AmmPower Corp otc stock have on its future price. AmmPower Corp 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, AmmPower Corp autocorrelation shows the relationship between AmmPower Corp otc stock current value and its past values and can show if there is a momentum factor associated with investing in AmmPower Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AmmPower OTC Stock
AmmPower Corp financial ratios help investors to determine whether AmmPower 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 AmmPower with respect to the benefits of owning AmmPower Corp security.