Armada Mercantile Stock Market Value
| AAMTF Stock | USD 0.35 0.02 6.06% |
| Symbol | Armada |
Armada Mercantile '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 Armada Mercantile'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 Armada Mercantile.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Armada Mercantile on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Armada Mercantile or generate 0.0% return on investment in Armada Mercantile over 30 days. Armada Mercantile is related to or competes with Bitwise 10. Armada Mercantile Ltd., a financial services company, provides merchant banking services worldwide More
Armada Mercantile 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 Armada Mercantile'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 Armada Mercantile upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.42 | |||
| Information Ratio | 0.0498 | |||
| Maximum Drawdown | 55.53 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 15.38 |
Armada Mercantile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Armada Mercantile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Armada Mercantile's standard deviation. In reality, there are many statistical measures that can use Armada Mercantile historical prices to predict the future Armada Mercantile's volatility.| Risk Adjusted Performance | 0.0466 | |||
| Jensen Alpha | 0.461 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.0256 | |||
| Treynor Ratio | (1.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Armada Mercantile'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.
Armada Mercantile Backtested Returns
Armada Mercantile appears to be out of control, given 3 months investment horizon. Armada Mercantile secures Sharpe Ratio (or Efficiency) of 0.0615, which signifies that the company had a 0.0615% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Armada Mercantile, which you can use to evaluate the volatility of the firm. Please makes use of Armada Mercantile's Risk Adjusted Performance of 0.0466, mean deviation of 3.15, and Downside Deviation of 14.42 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Armada Mercantile holds a performance score of 4. The firm shows a Beta (market volatility) of -0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Armada Mercantile are expected to decrease at a much lower rate. During the bear market, Armada Mercantile is likely to outperform the market. Please check Armada Mercantile's total risk alpha, expected short fall, period momentum indicator, as well as the relationship between the value at risk and rate of daily change , to make a quick decision on whether Armada Mercantile's price patterns will revert.
Auto-correlation | -0.53 |
Good reverse predictability
Armada Mercantile has good reverse predictability. Overlapping area represents the amount of predictability between Armada Mercantile time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th of May 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 Armada Mercantile price movement. The serial correlation of -0.53 indicates that about 53.0% of current Armada Mercantile price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Armada Mercantile lagged returns against current returns
Autocorrelation, which is Armada Mercantile 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 Armada Mercantile's pink sheet expected returns. We can calculate the autocorrelation of Armada Mercantile returns to help us make a trade decision. For example, suppose you find that Armada Mercantile 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 |
Armada Mercantile 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 Armada Mercantile pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Armada Mercantile pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Armada Mercantile pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Armada Mercantile Lagged Returns
When evaluating Armada Mercantile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Armada Mercantile pink sheet have on its future price. Armada Mercantile 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, Armada Mercantile autocorrelation shows the relationship between Armada Mercantile pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Armada Mercantile.
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 Armada Mercantile 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, Armada Mercantile's short interest history, or implied volatility extrapolated from Armada Mercantile options trading.
Pair Trading with Armada Mercantile
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 Armada Mercantile 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 Armada Mercantile will appreciate offsetting losses from the drop in the long position's value.Moving against Armada Pink Sheet
| 0.44 | CGXYY | China Galaxy Securities | PairCorr |
| 0.41 | TLK | Telkom Indonesia Tbk | PairCorr |
The ability to find closely correlated positions to Armada Mercantile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Armada Mercantile 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 Armada Mercantile - 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 Armada Mercantile to buy it.
The correlation of Armada Mercantile 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 Armada Mercantile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Armada Mercantile 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 Armada Mercantile 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 Armada Mercantile Correlation, Armada Mercantile Volatility and Armada Mercantile Alpha and Beta module to complement your research on Armada Mercantile. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Armada Pink Sheet analysis
When running Armada Mercantile's price analysis, check to measure Armada Mercantile'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 Armada Mercantile is operating at the current time. Most of Armada Mercantile's value examination focuses on studying past and present price action to predict the probability of Armada Mercantile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Armada Mercantile's price. Additionally, you may evaluate how the addition of Armada Mercantile to your portfolios can decrease your overall portfolio volatility.
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Armada Mercantile 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.