Ambu As Stock Market Value
| AMBFF Stock | USD 17.30 0.00 0.00% |
| Symbol | Ambu |
Ambu A/S '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 Ambu A/S'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 Ambu A/S.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Ambu A/S on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Ambu AS or generate 0.0% return on investment in Ambu A/S over 30 days. Ambu A/S is related to or competes with Silo Pharma, Protagenic Therapeutics, and Eledon Pharmaceuticals. Ambu AS develops, produces, and sells medical devices to hospitals, clinics, and rescue services worldwide More
Ambu A/S 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 Ambu A/S'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 Ambu AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0461 | |||
| Maximum Drawdown | 15.66 |
Ambu A/S Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ambu A/S's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ambu A/S's standard deviation. In reality, there are many statistical measures that can use Ambu A/S historical prices to predict the future Ambu A/S's volatility.| Risk Adjusted Performance | 0.0723 | |||
| Jensen Alpha | 0.1876 | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.46) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ambu A/S'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.
Ambu A/S Backtested Returns
We consider Ambu A/S not too volatile. Ambu A/S secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found seventeen technical indicators for Ambu AS, which you can use to evaluate the volatility of the firm. Please confirm Ambu A/S's mean deviation of 0.4359, and Risk Adjusted Performance of 0.0723 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. Ambu A/S has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ambu A/S are expected to decrease at a much lower rate. During the bear market, Ambu A/S is likely to outperform the market. Ambu A/S right now shows a risk of 1.64%. Please confirm Ambu A/S information ratio, and the relationship between the coefficient of variation and skewness , to decide if Ambu A/S will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Ambu AS has no correlation between past and present. Overlapping area represents the amount of predictability between Ambu A/S time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Ambu A/S price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ambu A/S price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ambu A/S lagged returns against current returns
Autocorrelation, which is Ambu A/S 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 Ambu A/S's pink sheet expected returns. We can calculate the autocorrelation of Ambu A/S returns to help us make a trade decision. For example, suppose you find that Ambu A/S 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 |
Ambu A/S 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 Ambu A/S pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ambu A/S pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ambu A/S pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ambu A/S Lagged Returns
When evaluating Ambu A/S's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ambu A/S pink sheet have on its future price. Ambu A/S 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, Ambu A/S autocorrelation shows the relationship between Ambu A/S pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ambu AS.
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 Ambu A/S 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, Ambu A/S's short interest history, or implied volatility extrapolated from Ambu A/S options trading.
Pair Trading with Ambu A/S
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 Ambu A/S 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 Ambu A/S will appreciate offsetting losses from the drop in the long position's value.Moving together with Ambu Pink Sheet
| 0.76 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
Moving against Ambu Pink Sheet
| 0.66 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.45 | PFE | Pfizer Inc Earnings Call This Week | PairCorr |
| 0.45 | INTC | Intel Earnings Call Today | PairCorr |
| 0.44 | MCD | McDonalds Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Ambu A/S could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ambu A/S 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 Ambu A/S - 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 Ambu AS to buy it.
The correlation of Ambu A/S 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 Ambu A/S moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ambu A/S 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 Ambu A/S 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 Ambu A/S Correlation, Ambu A/S Volatility and Ambu A/S Alpha and Beta module to complement your research on Ambu A/S. Note that the Ambu A/S information on this page should be used as a complementary analysis to other Ambu A/S's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Ambu Pink Sheet analysis
When running Ambu A/S's price analysis, check to measure Ambu A/S'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 Ambu A/S is operating at the current time. Most of Ambu A/S's value examination focuses on studying past and present price action to predict the probability of Ambu A/S's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ambu A/S's price. Additionally, you may evaluate how the addition of Ambu A/S to your portfolios can decrease your overall portfolio volatility.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |
Ambu A/S 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.