AKSO HEALTH (Germany) Market Value
| 8HX Stock | EUR 0.94 0.11 10.48% |
| Symbol | AKSO |
AKSO HEALTH '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 AKSO HEALTH's 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 AKSO HEALTH.
| 03/05/2025 |
| 04/04/2025 |
If you would invest 0.00 in AKSO HEALTH on March 5, 2025 and sell it all today you would earn a total of 0.00 from holding AKSO HEALTH GR or generate 0.0% return on investment in AKSO HEALTH over 30 days. AKSO HEALTH is related to or competes with Sanyo Chemical, COMPUTERSHARE, INTERSHOP Communications, Quaker Chemical, Charter Communications, SmarTone Telecommunicatio, and Highlight Communications. Hexindai Inc. operates a consumer lending marketplace that facilitates loans in China More
AKSO HEALTH 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 AKSO HEALTH's 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 AKSO HEALTH GR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.78 | |||
| Information Ratio | 0.0182 | |||
| Maximum Drawdown | 33.36 | |||
| Value At Risk | (7.63) | |||
| Potential Upside | 8.74 |
AKSO HEALTH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AKSO HEALTH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AKSO HEALTH's standard deviation. In reality, there are many statistical measures that can use AKSO HEALTH historical prices to predict the future AKSO HEALTH's volatility.| Risk Adjusted Performance | 0.0122 | |||
| Jensen Alpha | 0.0186 | |||
| Total Risk Alpha | 0.5715 | |||
| Sortino Ratio | 0.0224 | |||
| Treynor Ratio | 0.225 |
AKSO HEALTH GR Backtested Returns
AKSO HEALTH GR secures Sharpe Ratio (or Efficiency) of -0.0821, which signifies that the company had a -0.0821 % return per unit of risk over the last 3 months. AKSO HEALTH GR exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AKSO HEALTH's mean deviation of 3.96, and Risk Adjusted Performance of 0.0122 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0584, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AKSO HEALTH's returns are expected to increase less than the market. However, during the bear market, the loss of holding AKSO HEALTH is expected to be smaller as well. At this point, AKSO HEALTH GR has a negative expected return of -0.42%. Please make sure to confirm AKSO HEALTH's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if AKSO HEALTH GR performance from the past will be repeated in the future.
Auto-correlation | 0.79 |
Good predictability
AKSO HEALTH GR has good predictability. Overlapping area represents the amount of predictability between AKSO HEALTH time series from 5th of March 2025 to 20th of March 2025 and 20th of March 2025 to 4th of April 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AKSO HEALTH GR price movement. The serial correlation of 0.79 indicates that around 79.0% of current AKSO HEALTH price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AKSO HEALTH GR lagged returns against current returns
Autocorrelation, which is AKSO HEALTH 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 AKSO HEALTH's stock expected returns. We can calculate the autocorrelation of AKSO HEALTH returns to help us make a trade decision. For example, suppose you find that AKSO HEALTH 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
AKSO HEALTH 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 AKSO HEALTH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AKSO HEALTH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AKSO HEALTH stock over time.
Current vs Lagged Prices |
| Timeline |
AKSO HEALTH Lagged Returns
When evaluating AKSO HEALTH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AKSO HEALTH stock have on its future price. AKSO HEALTH 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, AKSO HEALTH autocorrelation shows the relationship between AKSO HEALTH stock current value and its past values and can show if there is a momentum factor associated with investing in AKSO HEALTH GR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AKSO Stock
AKSO HEALTH financial ratios help investors to determine whether AKSO 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 AKSO with respect to the benefits of owning AKSO HEALTH security.