Aqua Metals (Germany) Market Value
| AQK Stock | 2.12 0.00 0.00% |
| Symbol | Aqua |
Aqua Metals '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 Aqua Metals' 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 Aqua Metals.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in Aqua Metals on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding Aqua Metals or generate 0.0% return on investment in Aqua Metals over 30 days. Aqua Metals is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
Aqua Metals 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 Aqua Metals' 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 Aqua Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 27.23 | |||
| Value At Risk | (6.33) | |||
| Potential Upside | 6.71 |
Aqua Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aqua Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aqua Metals' standard deviation. In reality, there are many statistical measures that can use Aqua Metals historical prices to predict the future Aqua Metals' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | 1.19 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aqua Metals' 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.
Aqua Metals Backtested Returns
Aqua Metals secures Sharpe Ratio (or Efficiency) of -0.0791, which signifies that the company had a -0.0791% return per unit of risk over the last 3 months. Aqua Metals exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aqua Metals' Risk Adjusted Performance of (0.12), mean deviation of 2.19, and Standard Deviation of 3.72 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Aqua Metals are expected to decrease at a much lower rate. During the bear market, Aqua Metals is likely to outperform the market. At this point, Aqua Metals has a negative expected return of -0.29%. Please make sure to confirm Aqua Metals' potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if Aqua Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Aqua Metals has no correlation between past and present. Overlapping area represents the amount of predictability between Aqua Metals time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th of January 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 Aqua Metals price movement. The serial correlation of 0.0 indicates that just 0.0% of current Aqua Metals 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 |
Aqua Metals lagged returns against current returns
Autocorrelation, which is Aqua Metals 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 Aqua Metals' stock expected returns. We can calculate the autocorrelation of Aqua Metals returns to help us make a trade decision. For example, suppose you find that Aqua Metals 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 |
Aqua Metals 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 Aqua Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aqua Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aqua Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Aqua Metals Lagged Returns
When evaluating Aqua Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aqua Metals stock have on its future price. Aqua Metals 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, Aqua Metals autocorrelation shows the relationship between Aqua Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Aqua Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Aqua Stock Analysis
When running Aqua Metals' price analysis, check to measure Aqua Metals' 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 Aqua Metals is operating at the current time. Most of Aqua Metals' value examination focuses on studying past and present price action to predict the probability of Aqua Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aqua Metals' price. Additionally, you may evaluate how the addition of Aqua Metals to your portfolios can decrease your overall portfolio volatility.