Aclara Resources Stock Market Value
| ARA Stock | 0.50 0.01 1.96% |
| Symbol | Aclara |
Aclara Resources Price To Book Ratio
Aclara Resources '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 Aclara Resources' 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 Aclara Resources.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Aclara Resources on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Aclara Resources or generate 0.0% return on investment in Aclara Resources over 90 days. Aclara Resources is related to or competes with Goldshore Resources. Aclara Resources is entity of Canada. It is traded as Stock on TO exchange. More
Aclara Resources 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 Aclara Resources' 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 Aclara Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.62 | |||
| Information Ratio | 0.0882 | |||
| Maximum Drawdown | 31.63 | |||
| Value At Risk | (7.27) | |||
| Potential Upside | 8.51 |
Aclara Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aclara Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aclara Resources' standard deviation. In reality, there are many statistical measures that can use Aclara Resources historical prices to predict the future Aclara Resources' volatility.| Risk Adjusted Performance | 0.0688 | |||
| Jensen Alpha | 0.5637 | |||
| Total Risk Alpha | 1.02 | |||
| Sortino Ratio | 0.0829 | |||
| Treynor Ratio | 0.1877 |
Aclara Resources Backtested Returns
As of now, Aclara Stock is out of control. Aclara Resources secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Aclara Resources, which you can use to evaluate the volatility of the firm. Please confirm Aclara Resources' Downside Deviation of 5.62, risk adjusted performance of 0.0688, and Mean Deviation of 3.52 to double-check if the risk estimate we provide is consistent with the expected return of 0.0373%. The firm shows a Beta (market volatility) of 1.9, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aclara Resources will likely underperform. Aclara Resources right now shows a risk of 5.17%. Please confirm Aclara Resources jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Aclara Resources will be following its price patterns.
Auto-correlation | -0.49 |
Modest reverse predictability
Aclara Resources has modest reverse predictability. Overlapping area represents the amount of predictability between Aclara Resources time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Aclara Resources price movement. The serial correlation of -0.49 indicates that about 49.0% of current Aclara Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aclara Resources lagged returns against current returns
Autocorrelation, which is Aclara Resources 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 Aclara Resources' stock expected returns. We can calculate the autocorrelation of Aclara Resources returns to help us make a trade decision. For example, suppose you find that Aclara Resources 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 |
Aclara Resources 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 Aclara Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aclara Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aclara Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Aclara Resources Lagged Returns
When evaluating Aclara Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aclara Resources stock have on its future price. Aclara Resources 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, Aclara Resources autocorrelation shows the relationship between Aclara Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Aclara Resources.
Regressed Prices |
| Timeline |
Other Information on Investing in Aclara Stock
Aclara Resources financial ratios help investors to determine whether Aclara 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 Aclara with respect to the benefits of owning Aclara Resources security.