Anteris Technologies Stock Market Value
| AMEUF Stock | USD 8.28 0.03 0.36% |
| Symbol | Anteris |
Anteris 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 Anteris Technologies' 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 Anteris Technologies.
| 08/07/2024 |
| 10/06/2024 |
If you would invest 0.00 in Anteris Technologies on August 7, 2024 and sell it all today you would earn a total of 0.00 from holding Anteris Technologies or generate 0.0% return on investment in Anteris Technologies over 60 days. Anteris Technologies is related to or competes with Cellink AB, Bone Biologics, BICO Group, Brain Scientific, Aurora Spine, and Tenon Medical. Anteris Technologies Ltd operates as a structural heart company More
Anteris 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 Anteris Technologies' 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 Anteris Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 25.97 | |||
| Value At Risk | (8.64) | |||
| Potential Upside | 4.88 |
Anteris Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anteris Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anteris Technologies' standard deviation. In reality, there are many statistical measures that can use Anteris Technologies historical prices to predict the future Anteris Technologies' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | (0.54) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Anteris Technologies' 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.
Anteris Technologies Backtested Returns
Anteris Technologies secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Anteris Technologies exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Anteris Technologies' Standard Deviation of 4.67, mean deviation of 2.8, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.02, which signifies a somewhat significant risk relative to the market. Anteris Technologies returns are very sensitive to returns on the market. As the market goes up or down, Anteris Technologies is expected to follow. At this point, Anteris Technologies has a negative expected return of -0.54%. Please make sure to confirm Anteris Technologies' jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Anteris Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Anteris Technologies has weak predictability. Overlapping area represents the amount of predictability between Anteris Technologies time series from 7th of August 2024 to 6th of September 2024 and 6th of September 2024 to 6th of October 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 Anteris Technologies price movement. The serial correlation of 0.23 indicates that over 23.0% of current Anteris Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Anteris Technologies lagged returns against current returns
Autocorrelation, which is Anteris Technologies 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 Anteris Technologies' pink sheet expected returns. We can calculate the autocorrelation of Anteris Technologies returns to help us make a trade decision. For example, suppose you find that Anteris Technologies 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 |
Anteris 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 Anteris Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anteris Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anteris Technologies pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Anteris Technologies Lagged Returns
When evaluating Anteris Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anteris Technologies pink sheet have on its future price. Anteris 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, Anteris Technologies autocorrelation shows the relationship between Anteris Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Anteris Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| OEF | iShares SP 100 | |
| GLD | SPDR Gold Shares | |
| OIH | VanEck Oil Services | |
| IBB | iShares Biotechnology ETF | |
| IJH | iShares Core SP |
Other Information on Investing in Anteris Pink Sheet
Anteris Technologies financial ratios help investors to determine whether Anteris 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 Anteris with respect to the benefits of owning Anteris Technologies security.