Amada Co Stock Market Value
| AMDWF Stock | USD 9.30 1.02 9.88% |
| Symbol | Amada |
Amada '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 Amada'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 Amada.
| 09/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Amada on September 22, 2024 and sell it all today you would earn a total of 0.00 from holding Amada Co or generate 0.0% return on investment in Amada over 60 days. Amada is related to or competes with Imperial Metals, East Africa, Eldorado Gold, Balchem, Luxfer Holdings, and Ecolab. Amada Co., Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects m... More
Amada 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 Amada'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 Amada Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 149.9 |
Amada Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amada's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amada's standard deviation. In reality, there are many statistical measures that can use Amada historical prices to predict the future Amada's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (2.61) | |||
| Total Risk Alpha | (4.53) | |||
| Treynor Ratio | (1.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amada'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.
Amada Backtested Returns
Amada secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of standard deviation over the last 3 months. Amada Co exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amada's risk adjusted performance of (0.09), and Mean Deviation of 4.7 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.11, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Amada will likely underperform. At this point, Amada has a negative expected return of -7.19%. Please make sure to confirm Amada's total risk alpha, and the relationship between the standard deviation and rate of daily change , to decide if Amada performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
Amada Co has weak reverse predictability. Overlapping area represents the amount of predictability between Amada time series from 22nd of September 2024 to 22nd of October 2024 and 22nd of October 2024 to 21st of November 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 Amada price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Amada price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Amada lagged returns against current returns
Autocorrelation, which is Amada 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 Amada's pink sheet expected returns. We can calculate the autocorrelation of Amada returns to help us make a trade decision. For example, suppose you find that Amada 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 |
Amada 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 Amada pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amada pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amada pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Amada Lagged Returns
When evaluating Amada's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amada pink sheet have on its future price. Amada 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, Amada autocorrelation shows the relationship between Amada pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Amada Co.
Regressed Prices |
| Timeline |
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Other Information on Investing in Amada Pink Sheet
Amada financial ratios help investors to determine whether Amada 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 Amada with respect to the benefits of owning Amada security.