Aquagold International Stock Market Value
| AQUI Stock | USD 0.01 0.00 0.00% |
| Symbol | Aquagold |
Aquagold International '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 Aquagold International'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 Aquagold International.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Aquagold International on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Aquagold International or generate 0.0% return on investment in Aquagold International over 30 days. Aquagold International is related to or competes with National Beverage, Celsius Holdings, Monster Beverage, Coca Cola, Keurig Dr, Vita Coco, and PepsiCo. Aqua Gold International, Inc. provides Canadian spring water products worldwide More
Aquagold International 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 Aquagold International'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 Aquagold International upside and downside potential and time the market with a certain degree of confidence.
Aquagold International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aquagold International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aquagold International's standard deviation. In reality, there are many statistical measures that can use Aquagold International historical prices to predict the future Aquagold International's volatility.| Risk Adjusted Performance | 0.1171 | |||
| Jensen Alpha | 0.6166 | |||
| Total Risk Alpha | 0.1367 | |||
| Treynor Ratio | 1.04 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aquagold International'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.
Aquagold International Backtested Returns
Aquagold International appears to be out of control, given 3 months investment horizon. Aquagold International secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Aquagold International, which you can use to evaluate the volatility of the firm. Please makes use of Aquagold International's Mean Deviation of 1.32, risk adjusted performance of 0.1171, and Standard Deviation of 3.91 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aquagold International holds a performance score of 9. 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, Aquagold International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aquagold International is expected to be smaller as well. Please check Aquagold International's treynor ratio and day median price , to make a quick decision on whether Aquagold International's price patterns will revert.
Auto-correlation | 1.00 |
Perfect predictability
Aquagold International has perfect predictability. Overlapping area represents the amount of predictability between Aquagold International 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 Aquagold International price movement. The serial correlation of 1.0 indicates that 100.0% of current Aquagold International 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 |
Aquagold International lagged returns against current returns
Autocorrelation, which is Aquagold International 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 Aquagold International's pink sheet expected returns. We can calculate the autocorrelation of Aquagold International returns to help us make a trade decision. For example, suppose you find that Aquagold International 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 |
Aquagold International 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 Aquagold International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aquagold International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aquagold International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aquagold International Lagged Returns
When evaluating Aquagold International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aquagold International pink sheet have on its future price. Aquagold International 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, Aquagold International autocorrelation shows the relationship between Aquagold International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aquagold International.
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 Aquagold International 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, Aquagold International's short interest history, or implied volatility extrapolated from Aquagold International options trading.
Pair Trading with Aquagold International
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 Aquagold International 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 Aquagold International will appreciate offsetting losses from the drop in the long position's value.Moving against Aquagold Pink Sheet
| 0.62 | PTAIF | PT Astra International | PairCorr |
| 0.53 | YKLTY | Yakult Honsha | PairCorr |
| 0.51 | KDP | Keurig Dr Pepper Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Aquagold International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aquagold International 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 Aquagold International - 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 Aquagold International to buy it.
The correlation of Aquagold International 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 Aquagold International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aquagold International 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 Aquagold International 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 Aquagold International Correlation, Aquagold International Volatility and Aquagold International Alpha and Beta module to complement your research on Aquagold International. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Aquagold Pink Sheet analysis
When running Aquagold International's price analysis, check to measure Aquagold International'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 Aquagold International is operating at the current time. Most of Aquagold International's value examination focuses on studying past and present price action to predict the probability of Aquagold International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aquagold International's price. Additionally, you may evaluate how the addition of Aquagold International to your portfolios can decrease your overall portfolio volatility.
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Aquagold International 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.