Antisense Therapeutics Limited Stock Market Value

ATHJF Stock  USD 0.04  0.00  0.00%   
Antisense Therapeutics' market value is the price at which a share of Antisense Therapeutics trades on a public exchange. It measures the collective expectations of Antisense Therapeutics Limited investors about its performance. Antisense Therapeutics is trading at 0.042 as of the 11th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.042.
With this module, you can estimate the performance of a buy and hold strategy of Antisense Therapeutics Limited and determine expected loss or profit from investing in Antisense Therapeutics over a given investment horizon. Check out Antisense Therapeutics Correlation, Antisense Therapeutics Volatility and Antisense Therapeutics Alpha and Beta module to complement your research on Antisense Therapeutics.
Symbol

Please note, there is a significant difference between Antisense Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Antisense Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antisense Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Antisense Therapeutics '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 Antisense Therapeutics' 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 Antisense Therapeutics.
0.00
12/22/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/11/2024
0.00
If you would invest  0.00  in Antisense Therapeutics on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding Antisense Therapeutics Limited or generate 0.0% return on investment in Antisense Therapeutics over 720 days. Antisense Therapeutics Limited engages in the research and development of novel antisense pharmaceuticals in Australia More

Antisense Therapeutics 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 Antisense Therapeutics' 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 Antisense Therapeutics Limited upside and downside potential and time the market with a certain degree of confidence.

Antisense Therapeutics Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Antisense Therapeutics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Antisense Therapeutics' standard deviation. In reality, there are many statistical measures that can use Antisense Therapeutics historical prices to predict the future Antisense Therapeutics' volatility.
Hype
Prediction
LowEstimatedHigh
0.000.0440.08
Details
Intrinsic
Valuation
LowRealHigh
0.000.0440.08
Details
Naive
Forecast
LowNextHigh
00.0540.09
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.030.050.06
Details

Antisense Therapeutics Backtested Returns

Antisense Therapeutics is out of control given 3 months investment horizon. Antisense Therapeutics secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We are able to break down sixteen different technical indicators, which can help you to evaluate if expected returns of 4.8% are justified by taking the suggested risk. Use Antisense Therapeutics Mean Deviation of 9.72, standard deviation of 39.12, and Risk Adjusted Performance of 0.0944 to evaluate company specific risk that cannot be diversified away. Antisense Therapeutics holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 8.4, 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, Antisense Therapeutics will likely underperform. Use Antisense Therapeutics treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to analyze future returns on Antisense Therapeutics.

Auto-correlation

    
  -0.29  

Weak reverse predictability

Antisense Therapeutics Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Antisense Therapeutics time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th 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 Antisense Therapeutics price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Antisense Therapeutics price fluctuation can be explain by its past prices.
Correlation Coefficient-0.29
Spearman Rank Test-0.37
Residual Average0.0
Price Variance0.0

Antisense Therapeutics lagged returns against current returns

Autocorrelation, which is Antisense Therapeutics 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 Antisense Therapeutics' pink sheet expected returns. We can calculate the autocorrelation of Antisense Therapeutics returns to help us make a trade decision. For example, suppose you find that Antisense Therapeutics 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  

Antisense Therapeutics 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 Antisense Therapeutics pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Antisense Therapeutics pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Antisense Therapeutics pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Antisense Therapeutics Lagged Returns

When evaluating Antisense Therapeutics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Antisense Therapeutics pink sheet have on its future price. Antisense Therapeutics 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, Antisense Therapeutics autocorrelation shows the relationship between Antisense Therapeutics pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Antisense Therapeutics Limited.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Antisense Pink Sheet

Antisense Therapeutics financial ratios help investors to determine whether Antisense Pink Sheet 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 Antisense with respect to the benefits of owning Antisense Therapeutics security.