Acceleware Stock Market Value
| ACWRF Stock | USD 0.09 0.00 0.00% |
| Symbol | Acceleware |
Acceleware '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 Acceleware'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 Acceleware.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Acceleware on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Acceleware or generate 0.0% return on investment in Acceleware over 30 days. Acceleware is related to or competes with NCino, Thinkific Labs, Dassault Systemes, Snowflake, Zoom Video, and Shopify. Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States More
Acceleware 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 Acceleware'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 Acceleware upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 41.18 |
Acceleware Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acceleware's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acceleware's standard deviation. In reality, there are many statistical measures that can use Acceleware historical prices to predict the future Acceleware's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (1.50) | |||
| Treynor Ratio | 0.6352 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Acceleware'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.
Acceleware Backtested Returns
Acceleware secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of standard deviation over the last 3 months. Acceleware exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Acceleware's mean deviation of 1.5, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.24, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Acceleware are expected to decrease by larger amounts. On the other hand, during market turmoil, Acceleware is expected to outperform it. Acceleware has an expected return of -0.83%. Please make sure to confirm Acceleware standard deviation, as well as the relationship between the maximum drawdown and day median price , to decide if Acceleware performance from the past will be repeated at some point in the near future.
Auto-correlation | 1.00 |
Perfect predictability
Acceleware has perfect predictability. Overlapping area represents the amount of predictability between Acceleware time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Acceleware price movement. The serial correlation of 1.0 indicates that 100.0% of current Acceleware price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Acceleware lagged returns against current returns
Autocorrelation, which is Acceleware 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 Acceleware's pink sheet expected returns. We can calculate the autocorrelation of Acceleware returns to help us make a trade decision. For example, suppose you find that Acceleware 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 |
Acceleware 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 Acceleware pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acceleware pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acceleware pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Acceleware Lagged Returns
When evaluating Acceleware's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acceleware pink sheet have on its future price. Acceleware 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, Acceleware autocorrelation shows the relationship between Acceleware pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Acceleware.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Acceleware in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Acceleware's short interest history, or implied volatility extrapolated from Acceleware options trading.
Pair Trading with Acceleware
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Acceleware position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Acceleware will appreciate offsetting losses from the drop in the long position's value.Moving against Acceleware Pink Sheet
| 0.85 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
| 0.81 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.8 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
| 0.77 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.7 | CAT | Caterpillar Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Acceleware could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acceleware when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acceleware - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acceleware to buy it.
The correlation of Acceleware is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Acceleware moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acceleware moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Acceleware can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Acceleware Correlation, Acceleware Volatility and Acceleware Alpha and Beta module to complement your research on Acceleware. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Acceleware Pink Sheet analysis
When running Acceleware's price analysis, check to measure Acceleware's 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 Acceleware is operating at the current time. Most of Acceleware's value examination focuses on studying past and present price action to predict the probability of Acceleware's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acceleware's price. Additionally, you may evaluate how the addition of Acceleware to your portfolios can decrease your overall portfolio volatility.
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Acceleware technical pink sheet 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, pink sheet market cycles, or different charting patterns.