American Clean Resources Stock Market Value
| ACRG Stock | USD 9.34 0.84 9.88% |
| Symbol | American |
American Clean '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 American Clean'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 American Clean.
| 05/08/2024 |
| 06/07/2024 |
If you would invest 0.00 in American Clean on May 8, 2024 and sell it all today you would earn a total of 0.00 from holding American Clean Resources or generate 0.0% return on investment in American Clean over 30 days. American Clean is related to or competes with Kodiak Copper, GoGold Resources, Scottie Resources, and Southern Silver. American Clean Resources Group, Inc., an exploration stage company, intends to operate as a custom processing and permit... More
American Clean 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 American Clean'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 American Clean Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.93 | |||
| Information Ratio | 0.0597 | |||
| Maximum Drawdown | 20.31 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 9.09 |
American Clean Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Clean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Clean's standard deviation. In reality, there are many statistical measures that can use American Clean historical prices to predict the future American Clean's volatility.| Risk Adjusted Performance | 0.0518 | |||
| Jensen Alpha | 0.2305 | |||
| Total Risk Alpha | 0.094 | |||
| Sortino Ratio | 0.0366 | |||
| Treynor Ratio | 0.5082 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Clean's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
American Clean Resources Backtested Returns
We consider American Clean slightly risky. American Clean Resources secures Sharpe Ratio (or Efficiency) of 0.0193, which signifies that the company had a 0.0193% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for American Clean Resources, which you can use to evaluate the volatility of the firm. Please confirm American Clean's mean deviation of 1.98, and Risk Adjusted Performance of 0.0518 to double-check if the risk estimate we provide is consistent with the expected return of 0.0686%. American Clean has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, American Clean's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Clean is expected to be smaller as well. American Clean Resources right now shows a risk of 3.55%. Please confirm American Clean Resources potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if American Clean Resources will be following its price patterns.
Auto-correlation | 0.27 |
Poor predictability
American Clean Resources has poor predictability. Overlapping area represents the amount of predictability between American Clean time series from 8th of May 2024 to 23rd of May 2024 and 23rd of May 2024 to 7th of June 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 American Clean Resources price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current American Clean price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
American Clean Resources lagged returns against current returns
Autocorrelation, which is American Clean 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 American Clean's pink sheet expected returns. We can calculate the autocorrelation of American Clean returns to help us make a trade decision. For example, suppose you find that American Clean 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 |
American Clean 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 American Clean pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Clean pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Clean pink sheet over time.
Current vs Lagged Prices |
| Timeline |
American Clean Lagged Returns
When evaluating American Clean's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Clean pink sheet have on its future price. American Clean 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, American Clean autocorrelation shows the relationship between American Clean pink sheet current value and its past values and can show if there is a momentum factor associated with investing in American Clean Resources.
Regressed Prices |
| Timeline |
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Other Information on Investing in American Pink Sheet
American Clean financial ratios help investors to determine whether American 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 American with respect to the benefits of owning American Clean security.