ASMVF OTC Stock Market Value

ASMVF -  USA Stock  

USD 12.00  0.00  0.00%

Asm Pacific's market value is the price at which a share of Asm Pacific stock trades on a public exchange. It measures the collective expectations of Asm Pacific Technology investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Asm Pacific Technology and determine expected loss or profit from investing in Asm Pacific over a given investment horizon. Please continue to Asm Pacific Hype Analysis, Asm Pacific Correlation, Asm Pacific Valuation, Asm Pacific Volatility, as well as analyze Asm Pacific Alpha and Beta and Asm Pacific Performance.
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Backtest


The market value of Asm Pacific Technology is measured differently than its book value, which is the value of ASMVF that is recorded on the company's balance sheet. Investors also form their own opinion of Asm Pacific's value that differs from its market value or its book value, called intrinsic value, which is Asm Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asm Pacific's market value can be influenced by many factors that don't directly affect Asm Pacific Technology underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asm Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine Asm Pacific value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asm Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Asm Pacific '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 Asm Pacific'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 Asm Pacific.
0.00
08/17/2021
No Change 0.00  0.0 
In 2 months and 2 days
10/16/2021
0.00
If you would invest  0.00  in Asm Pacific on August 17, 2021 and sell it all today you would earn a total of 0.00 from holding Asm Pacific Technology or generate 0.0% return on investment in Asm Pacific over 60 days. Asm Pacific is related to or competes with Asml Holdings, Applied Materials, Lam Research, K L, and ASM INTERNATIONAL. ASM Pacific Technology Limited, an investment holding company, engages in the design, manufacture, and marketing of mach...

Asm Pacific 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 Asm Pacific'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 Asm Pacific Technology upside and downside potential and time the market with a certain degree of confidence.

Asm Pacific Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Asm Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asm Pacific's standard deviation. In reality, there are many statistical measures that can use Asm Pacific historical prices to predict the future Asm Pacific's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Asm Pacific'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. Please use the tools below to analyze the current value of Asm Pacific in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.4911.8013.11
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Intrinsic
Valuation
LowReal ValueHigh
9.7711.0812.39
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Naive
Forecast
LowNext ValueHigh
10.7012.0113.32
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.0012.0012.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Asm Pacific. Your research has to be compared to or analyzed against Asm Pacific's peers to derive any actionable benefits. When done correctly, Asm Pacific's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Asm Pacific Technology.

Asm Pacific Technology Backtested Returns

Asm Pacific Technology secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had -0.18% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Asm Pacific Technology exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Asm Pacific Technology risk adjusted performance of (0.13), and Mean Deviation of 0.4357 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of -0.1953, which signifies not very significant fluctuations relative to the market. Let's try to break down what ASMVF's beta means in this case. As returns on the market increase, returns on owning Asm Pacific are expected to decrease at a much lower rate. During the bear market, Asm Pacific is likely to outperform the market. Even though it is essential to pay attention to Asm Pacific Technology historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Asm Pacific Technology exposes twenty-one different technical indicators, which can help you to evaluate its performance. Asm Pacific Technology has an expected return of -0.23%. Please be advised to confirm Asm Pacific Technology downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Asm Pacific Technology performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
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No correlation between past and present

Asm Pacific Technology has no correlation between past and present. Overlapping area represents the amount of predictability between Asm Pacific time series from 17th of August 2021 to 16th of September 2021 and 16th of September 2021 to 16th of October 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Asm Pacific Technology price movement. The serial correlation of 0.0 indicates that just 0.0% of current Asm Pacific price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.29
Residual Average0.0
Price Variance0.0

Asm Pacific Technology lagged returns against current returns

Autocorrelation, which is Asm Pacific 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 Asm Pacific's otc stock expected returns. We can calculate the autocorrelation of Asm Pacific returns to help us make a trade decision. For example, suppose you find that Asm Pacific otc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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Asm Pacific 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 Asm Pacific otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asm Pacific otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asm Pacific otc stock over time.
 Current vs Lagged Prices 
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      Timeline 

Asm Pacific Lagged Returns

When evaluating Asm Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asm Pacific otc stock have on its future price. Asm Pacific 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, Asm Pacific autocorrelation shows the relationship between Asm Pacific otc stock current value and its past values and can show if there is a momentum factor associated with investing in Asm Pacific Technology.
 Regressed Prices 
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      Timeline 

Asm Pacific Investors Sentiment

The influence of Asm Pacific's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ASMVF. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - ASMVF

Asm Pacific Technology Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in Asm Pacific Technology. What is your sentiment towards investing in Asm Pacific Technology? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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Pair Trading with Asm Pacific

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 Asm Pacific 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 Asm Pacific will appreciate offsetting losses from the drop in the long position's value.

Asm Pacific Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Asm Pacific and Asml Holdings NY. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Please continue to Asm Pacific Hype Analysis, Asm Pacific Correlation, Asm Pacific Valuation, Asm Pacific Volatility, as well as analyze Asm Pacific Alpha and Beta and Asm Pacific Performance. Note that the Asm Pacific Technology information on this page should be used as a complementary analysis to other Asm Pacific'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for ASMVF OTC Stock analysis

When running Asm Pacific Technology price analysis, check to measure Asm Pacific'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 Asm Pacific is operating at the current time. Most of Asm Pacific's value examination focuses on studying past and present price action to predict the probability of Asm Pacific's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Asm Pacific's price. Additionally, you may evaluate how the addition of Asm Pacific to your portfolios can decrease your overall portfolio volatility.
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Asm Pacific technical otc stock 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, stock market cycles, or different charting patterns.
A focus of Asm Pacific technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asm Pacific trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...