Agc Inc Adr Stock Market Value
| ASGLY Stock | USD 6.23 0.16 2.64% |
| Symbol | AGC |
AGC '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 AGC's pink sheet 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 AGC.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in AGC on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding AGC Inc ADR or generate 0.0% return on investment in AGC over 30 days. AGC is related to or competes with Asahi Kaisei, Nitto Denko, Daiwa House, Ajinomoto, and Isuzu Motors. AGC Inc. manufactures and sells glass, electronics, chemicals, and ceramics worldwide More
AGC 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 AGC's pink sheet 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 AGC Inc ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.16 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 11.06 | |||
| Value At Risk | (3.71) | |||
| Potential Upside | 4.96 |
AGC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGC's standard deviation. In reality, there are many statistical measures that can use AGC historical prices to predict the future AGC's volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | 0.0264 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.20) |
AGC Inc ADR Backtested Returns
At this stage we consider AGC Pink Sheet to be somewhat reliable. AGC Inc ADR retains Efficiency (Sharpe Ratio) of 0.0454, which signifies that the company had a 0.0454% return per unit of risk over the last 3 months. We have found thirty technical indicators for AGC, which you can use to evaluate the volatility of the firm. Please confirm AGC's coefficient of variation of 8428.42, and Market Risk Adjusted Performance of (0.19) to double-check if the risk estimate we provide is consistent with the expected return of 0.0992%. AGC has a performance score of 3 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.0803, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AGC are expected to decrease at a much lower rate. During the bear market, AGC is likely to outperform the market. AGC Inc ADR at this moment owns a risk of 2.19%. Please confirm AGC Inc ADR value at risk, and the relationship between the standard deviation and kurtosis , to decide if AGC Inc ADR will be following its current price history.
Auto-correlation | 0.00 |
No correlation between past and present
AGC Inc ADR has no correlation between past and present. Overlapping area represents the amount of predictability between AGC time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 AGC Inc ADR price movement. The serial correlation of 0.0 indicates that just 0.0% of current AGC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
AGC Inc ADR lagged returns against current returns
Autocorrelation, which is AGC pink sheet'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 AGC's pink sheet expected returns. We can calculate the autocorrelation of AGC returns to help us make a trade decision. For example, suppose you find that AGC has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
AGC 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 AGC pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGC pink sheet over time.
Current vs Lagged Prices |
| Timeline |
AGC Lagged Returns
When evaluating AGC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGC pink sheet have on its future price. AGC 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, AGC autocorrelation shows the relationship between AGC pink sheet current value and its past values and can show if there is a momentum factor associated with investing in AGC Inc ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for AGC Pink Sheet Analysis
When running AGC's price analysis, check to measure AGC's 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 AGC is operating at the current time. Most of AGC's value examination focuses on studying past and present price action to predict the probability of AGC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGC's price. Additionally, you may evaluate how the addition of AGC to your portfolios can decrease your overall portfolio volatility.