Appia Energy Corp Stock Market Value
| APAAF Stock | USD 0.07 0 1.35% |
| Symbol | Appia |
Appia Energy '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 Appia Energy'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 Appia Energy.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Appia Energy on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Appia Energy Corp or generate 0.0% return on investment in Appia Energy over 30 days. Appia Energy is related to or competes with Purepoint Uranium, Bannerman Resources, Elevate Uranium, Isoenergy, Laramide Resources, and Peninsula Energy. Appia Rare Earths Uranium Corp. acquires, explores for, develops, and evaluates mineral properties in Canada More
Appia Energy 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 Appia Energy'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 Appia Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.88 | |||
| Information Ratio | 0.0811 | |||
| Maximum Drawdown | 48.96 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 22.74 |
Appia Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Appia Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Appia Energy's standard deviation. In reality, there are many statistical measures that can use Appia Energy historical prices to predict the future Appia Energy's volatility.| Risk Adjusted Performance | 0.0775 | |||
| Jensen Alpha | 0.9591 | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | 0.0841 | |||
| Treynor Ratio | (1.01) |
Appia Energy Corp Backtested Returns
Appia Energy appears to be out of control, given 3 months investment horizon. Appia Energy Corp secures Sharpe Ratio (or Efficiency) of 0.0956, which signifies that the company had a 0.0956% return per unit of risk over the last 3 months. By analyzing Appia Energy's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of Appia Energy's Downside Deviation of 8.88, mean deviation of 6.55, and Risk Adjusted Performance of 0.0775 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Appia Energy holds a performance score of 7. The firm shows a Beta (market volatility) of -0.86, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Appia Energy are expected to decrease slowly. On the other hand, during market turmoil, Appia Energy is expected to outperform it slightly. Please check Appia Energy's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Appia Energy's price patterns will revert.
Auto-correlation | 0.22 |
Weak predictability
Appia Energy Corp has weak predictability. Overlapping area represents the amount of predictability between Appia Energy time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Appia Energy Corp price movement. The serial correlation of 0.22 indicates that over 22.0% of current Appia Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Appia Energy Corp lagged returns against current returns
Autocorrelation, which is Appia Energy 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 Appia Energy's otc stock expected returns. We can calculate the autocorrelation of Appia Energy returns to help us make a trade decision. For example, suppose you find that Appia Energy 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 |
Appia Energy 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 Appia Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Appia Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Appia Energy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Appia Energy Lagged Returns
When evaluating Appia Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Appia Energy otc stock have on its future price. Appia Energy 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, Appia Energy autocorrelation shows the relationship between Appia Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Appia Energy Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Appia OTC Stock
Appia Energy financial ratios help investors to determine whether Appia 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 Appia with respect to the benefits of owning Appia Energy security.