Airboss Of America Stock Market Value
| ABSSF Stock | USD 3.45 0.00 0.00% |
| Symbol | AirBoss |
AirBoss Of '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 AirBoss Of'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 AirBoss Of.
| 06/06/2025 |
| 07/06/2025 |
If you would invest 0.00 in AirBoss Of on June 6, 2025 and sell it all today you would earn a total of 0.00 from holding AirBoss of America or generate 0.0% return on investment in AirBoss Of over 30 days. AirBoss Of is related to or competes with Uranium Energy, JBS NV, Eldorado Gold, Kaiser Aluminum, Rocky Mountain, and Barrick Mining. AirBoss of America Corp., together with its subsidiaries, develops, manufactures, and markets rubber-based products for ... More
AirBoss Of 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 AirBoss Of'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 AirBoss of America upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.99 | |||
| Information Ratio | 0.1789 | |||
| Maximum Drawdown | 18.82 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 8.0 |
AirBoss Of Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AirBoss Of's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AirBoss Of's standard deviation. In reality, there are many statistical measures that can use AirBoss Of historical prices to predict the future AirBoss Of's volatility.| Risk Adjusted Performance | 0.3584 | |||
| Jensen Alpha | 0.6214 | |||
| Total Risk Alpha | 0.4423 | |||
| Sortino Ratio | 0.1312 | |||
| Treynor Ratio | 19.58 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AirBoss Of'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.
AirBoss of America Backtested Returns
AirBoss Of appears to be relatively risky, given 3 months investment horizon. AirBoss of America secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22 % return per unit of risk over the last 3 months. By analyzing AirBoss Of's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of AirBoss Of's Mean Deviation of 1.76, downside deviation of 3.99, and Risk Adjusted Performance of 0.3584 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AirBoss Of holds a performance score of 17. The firm shows a Beta (market volatility) of 0.0319, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AirBoss Of's returns are expected to increase less than the market. However, during the bear market, the loss of holding AirBoss Of is expected to be smaller as well. Please check AirBoss Of's downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether AirBoss Of's price patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
AirBoss of America has modest predictability. Overlapping area represents the amount of predictability between AirBoss Of time series from 6th of June 2025 to 21st of June 2025 and 21st of June 2025 to 6th of July 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 AirBoss of America price movement. The serial correlation of 0.55 indicates that about 55.0% of current AirBoss Of price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AirBoss of America lagged returns against current returns
Autocorrelation, which is AirBoss Of 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 AirBoss Of's otc stock expected returns. We can calculate the autocorrelation of AirBoss Of returns to help us make a trade decision. For example, suppose you find that AirBoss Of has exhibited high autocorrelation historically, and you observe that the otc 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 |
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AirBoss Of 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 AirBoss Of otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AirBoss Of otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AirBoss Of otc stock over time.
Current vs Lagged Prices |
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AirBoss Of Lagged Returns
When evaluating AirBoss Of's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AirBoss Of otc stock have on its future price. AirBoss Of 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, AirBoss Of autocorrelation shows the relationship between AirBoss Of otc stock current value and its past values and can show if there is a momentum factor associated with investing in AirBoss of America.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in AirBoss OTC Stock
AirBoss Of financial ratios help investors to determine whether AirBoss OTC 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 AirBoss with respect to the benefits of owning AirBoss Of security.