Atmofizer Technologies Stock Market Value
| ATMFF Stock | USD 0.06 0.00 0.00% |
| Symbol | Atmofizer |
Atmofizer Technologies '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 Atmofizer Technologies' 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 Atmofizer Technologies.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Atmofizer Technologies on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Atmofizer Technologies or generate 0.0% return on investment in Atmofizer Technologies over 180 days. Atmofizer Technologies is related to or competes with Aker Carbon, TOMI Environmental, Zurn Elkay, Federal Signal, Energy Recovery, CECO Environmental, and 374Water Common. Atmofizer Technologies Inc. researches, develops, designs, manufactures, and sells air purification devices in Canada an... More
Atmofizer Technologies 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 Atmofizer Technologies' 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 Atmofizer Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0583 | |||
| Maximum Drawdown | 100.0 |
Atmofizer Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atmofizer Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atmofizer Technologies' standard deviation. In reality, there are many statistical measures that can use Atmofizer Technologies historical prices to predict the future Atmofizer Technologies' volatility.| Risk Adjusted Performance | 0.0576 | |||
| Jensen Alpha | 0.9045 | |||
| Total Risk Alpha | 0.4934 | |||
| Treynor Ratio | 1.02 |
Atmofizer Technologies Backtested Returns
Atmofizer Technologies appears to be out of control, given 3 months investment horizon. Atmofizer Technologies secures Sharpe Ratio (or Efficiency) of 0.0617, which signifies that the company had a 0.0617% return per unit of risk over the last 3 months. By analyzing Atmofizer Technologies' technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please makes use of Atmofizer Technologies' Standard Deviation of 15.49, mean deviation of 3.9, and Risk Adjusted Performance of 0.0576 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Atmofizer Technologies holds a performance score of 4. The firm shows a Beta (market volatility) of 0.91, which signifies possible diversification benefits within a given portfolio. Atmofizer Technologies returns are very sensitive to returns on the market. As the market goes up or down, Atmofizer Technologies is expected to follow. Please check Atmofizer Technologies' treynor ratio, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Atmofizer Technologies' price patterns will revert.
Auto-correlation | 0.04 |
Virtually no predictability
Atmofizer Technologies has virtually no predictability. Overlapping area represents the amount of predictability between Atmofizer Technologies time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Atmofizer Technologies price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Atmofizer Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Atmofizer Technologies lagged returns against current returns
Autocorrelation, which is Atmofizer Technologies 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 Atmofizer Technologies' pink sheet expected returns. We can calculate the autocorrelation of Atmofizer Technologies returns to help us make a trade decision. For example, suppose you find that Atmofizer Technologies 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 |
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Atmofizer Technologies 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 Atmofizer Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atmofizer Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atmofizer Technologies pink sheet over time.
Current vs Lagged Prices |
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Atmofizer Technologies Lagged Returns
When evaluating Atmofizer Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atmofizer Technologies pink sheet have on its future price. Atmofizer Technologies 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, Atmofizer Technologies autocorrelation shows the relationship between Atmofizer Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Atmofizer Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Atmofizer Pink Sheet
Atmofizer Technologies financial ratios help investors to determine whether Atmofizer 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 Atmofizer with respect to the benefits of owning Atmofizer Technologies security.