Accsys Technologies (Netherlands) Market Value
| AXS Stock | EUR 0.54 0.01 1.89% |
| Symbol | Accsys |
Accsys 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 Accsys Technologies' 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 Accsys Technologies.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Accsys Technologies on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Accsys Technologies or generate 0.0% return on investment in Accsys Technologies over 90 days. Accsys Technologies is related to or competes with Avantium Holding, AMG Advanced, Pharming Group, CM NV, and Koninklijke BAM. Accsys Technologies PLC, together with its subsidiaries, produces and sells Accoya solid wood and Tricoya wood elements ... More
Accsys 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 Accsys Technologies' 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 Accsys Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0049 | |||
| Maximum Drawdown | 9.64 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 2.04 |
Accsys Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Accsys Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Accsys Technologies' standard deviation. In reality, there are many statistical measures that can use Accsys Technologies historical prices to predict the future Accsys Technologies' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.1447 | |||
| Treynor Ratio | (0.20) |
Accsys Technologies Backtested Returns
Accsys Technologies secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of standard deviation over the last 3 months. Accsys Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Accsys Technologies' risk adjusted performance of (0.03), and Mean Deviation of 1.39 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Accsys Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Accsys Technologies is expected to be smaller as well. At this point, Accsys Technologies has a negative expected return of -0.0117%. Please make sure to confirm Accsys Technologies' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Accsys Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Accsys Technologies has good reverse predictability. Overlapping area represents the amount of predictability between Accsys Technologies time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Accsys Technologies price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Accsys Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Accsys Technologies lagged returns against current returns
Autocorrelation, which is Accsys Technologies 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 Accsys Technologies' stock expected returns. We can calculate the autocorrelation of Accsys Technologies returns to help us make a trade decision. For example, suppose you find that Accsys Technologies 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 |
Accsys 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 Accsys Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Accsys Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Accsys Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Accsys Technologies Lagged Returns
When evaluating Accsys Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Accsys Technologies stock have on its future price. Accsys 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, Accsys Technologies autocorrelation shows the relationship between Accsys Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Accsys Technologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Accsys Stock Analysis
When running Accsys Technologies' price analysis, check to measure Accsys Technologies' 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 Accsys Technologies is operating at the current time. Most of Accsys Technologies' value examination focuses on studying past and present price action to predict the probability of Accsys Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accsys Technologies' price. Additionally, you may evaluate how the addition of Accsys Technologies to your portfolios can decrease your overall portfolio volatility.