Angkor Resources Corp Stock Market Value
| ANKOF Stock | USD 0.10 0.0006 0.60% |
| Symbol | Angkor |
Angkor Resources '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 Angkor Resources' otc 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 Angkor Resources.
| 06/06/2022 |
| 05/26/2024 |
If you would invest 0.00 in Angkor Resources on June 6, 2022 and sell it all today you would earn a total of 0.00 from holding Angkor Resources Corp or generate 0.0% return on investment in Angkor Resources over 720 days. Angkor Resources is related to or competes with Orogen Royalties, Hummingbird Resources, Knife River, OReilly Automotive, Medical Equipment, SEI Investments, and Extended Market. Angkor Resources Corp. operates as a mineral, and oil and gas exploration company More
Angkor Resources 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 Angkor Resources' otc 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 Angkor Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.145 | |||
| Maximum Drawdown | 33.7 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 5.58 |
Angkor Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Angkor Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Angkor Resources' standard deviation. In reality, there are many statistical measures that can use Angkor Resources historical prices to predict the future Angkor Resources' volatility.| Risk Adjusted Performance | 0.1003 | |||
| Jensen Alpha | 0.6233 | |||
| Total Risk Alpha | 0.3465 | |||
| Treynor Ratio | (0.92) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Angkor Resources' 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.
Angkor Resources Corp Backtested Returns
Angkor Resources appears to be out of control, given 3 months investment horizon. Angkor Resources Corp secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of standard deviation over the last 3 months. By analyzing Angkor Resources' technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of Angkor Resources' mean deviation of 1.6, and Risk Adjusted Performance of 0.1003 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Angkor Resources holds a performance score of 12. The firm shows a Beta (market volatility) of -0.65, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Angkor Resources are expected to decrease at a much lower rate. During the bear market, Angkor Resources is likely to outperform the market. Please check Angkor Resources' jensen alpha and the relationship between the potential upside and period momentum indicator , to make a quick decision on whether Angkor Resources' price patterns will revert.
Auto-correlation | -0.67 |
Very good reverse predictability
Angkor Resources Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Angkor Resources time series from 6th of June 2022 to 1st of June 2023 and 1st of June 2023 to 26th of May 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 Angkor Resources Corp price movement. The serial correlation of -0.67 indicates that around 67.0% of current Angkor Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Angkor Resources Corp lagged returns against current returns
Autocorrelation, which is Angkor Resources otc 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 Angkor Resources' otc stock expected returns. We can calculate the autocorrelation of Angkor Resources returns to help us make a trade decision. For example, suppose you find that Angkor Resources has exhibited high autocorrelation historically, and you observe that the otc 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 |
Angkor Resources 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 Angkor Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Angkor Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Angkor Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
Angkor Resources Lagged Returns
When evaluating Angkor Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Angkor Resources otc stock have on its future price. Angkor Resources 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, Angkor Resources autocorrelation shows the relationship between Angkor Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Angkor Resources Corp.
Regressed Prices |
| Timeline |
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Check out Angkor Resources Correlation, Angkor Resources Volatility and Angkor Resources Alpha and Beta module to complement your research on Angkor Resources. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Angkor OTC Stock analysis
When running Angkor Resources' price analysis, check to measure Angkor Resources' 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 Angkor Resources is operating at the current time. Most of Angkor Resources' value examination focuses on studying past and present price action to predict the probability of Angkor Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angkor Resources' price. Additionally, you may evaluate how the addition of Angkor Resources to your portfolios can decrease your overall portfolio volatility.
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Angkor Resources technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.