Anoto Group Ab Stock Market Value
| AOTOF Stock | USD 0.03 0.00 0.00% |
| Symbol | Anoto |
Anoto Group '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 Anoto Group's 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 Anoto Group.
| 03/27/2023 |
| 06/19/2024 |
If you would invest 0.00 in Anoto Group on March 27, 2023 and sell it all today you would earn a total of 0.00 from holding Anoto Group AB or generate 0.0% return on investment in Anoto Group over 450 days. Anoto Group is related to or competes with Algoma Steel, Evolv Technologies, HUMANA, Franklin Strategic, SCOR PK, Barloworld, and Morningstar Unconstrained. Anoto Group AB provides digital writing and drawing solutions in Sweden, Europe, the Middle East, Africa, the United Sta... More
Anoto Group 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 Anoto Group's 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 Anoto Group AB upside and downside potential and time the market with a certain degree of confidence.
Anoto Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anoto Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anoto Group's standard deviation. In reality, there are many statistical measures that can use Anoto Group historical prices to predict the future Anoto Group's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Anoto Group'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.
Anoto Group AB Backtested Returns
We have found three technical indicators for Anoto Group AB, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Anoto Group are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Anoto Group AB has no correlation between past and present. Overlapping area represents the amount of predictability between Anoto Group time series from 27th of March 2023 to 7th of November 2023 and 7th of November 2023 to 19th 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 Anoto Group AB price movement. The serial correlation of 0.0 indicates that just 0.0% of current Anoto Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Anoto Group AB lagged returns against current returns
Autocorrelation, which is Anoto Group 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 Anoto Group's otc stock expected returns. We can calculate the autocorrelation of Anoto Group returns to help us make a trade decision. For example, suppose you find that Anoto Group 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 |
Anoto Group 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 Anoto Group otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anoto Group otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anoto Group otc stock over time.
Current vs Lagged Prices |
| Timeline |
Anoto Group Lagged Returns
When evaluating Anoto Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anoto Group otc stock have on its future price. Anoto Group 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, Anoto Group autocorrelation shows the relationship between Anoto Group otc stock current value and its past values and can show if there is a momentum factor associated with investing in Anoto Group AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Anoto OTC Stock
Anoto Group financial ratios help investors to determine whether Anoto OTC Stock 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 Anoto with respect to the benefits of owning Anoto Group security.