Act Energy Technologies Stock Market Value
| ACX Stock | 4.53 0.01 0.22% |
| Symbol | ACT |
ACT Energy '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 ACT Energy'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 ACT Energy.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in ACT Energy on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding ACT Energy Technologies or generate 0.0% return on investment in ACT Energy over 90 days. ACT Energy is related to or competes with AGF Management, Nano One, Lion One, T2 Metals, Highwood Asset, Wilmington Capital, and Galway Metals. More
ACT Energy 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 ACT Energy'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 ACT Energy Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 9.32 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 1.86 |
ACT Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACT Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACT Energy's standard deviation. In reality, there are many statistical measures that can use ACT Energy historical prices to predict the future ACT Energy's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.217 |
ACT Energy Technologies Backtested Returns
ACT Energy Technologies secures Sharpe Ratio (or Efficiency) of -0.0689, which signifies that the company had a -0.0689 % return per unit of risk over the last 3 months. ACT Energy Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ACT Energy's Mean Deviation of 1.03, coefficient of variation of (1,452), and Variance of 2.09 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ACT Energy are expected to decrease at a much lower rate. During the bear market, ACT Energy is likely to outperform the market. At this point, ACT Energy Technologies has a negative expected return of -0.0995%. Please make sure to confirm ACT Energy's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if ACT Energy Technologies performance from the past will be repeated in the future.
Auto-correlation | -0.02 |
Very weak reverse predictability
ACT Energy Technologies has very weak reverse predictability. Overlapping area represents the amount of predictability between ACT Energy time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 ACT Energy Technologies price movement. The serial correlation of -0.02 indicates that only 2.0% of current ACT Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
ACT Energy Technologies lagged returns against current returns
Autocorrelation, which is ACT Energy 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 ACT Energy's stock expected returns. We can calculate the autocorrelation of ACT Energy returns to help us make a trade decision. For example, suppose you find that ACT Energy 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 |
ACT Energy 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 ACT Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACT Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACT Energy stock over time.
Current vs Lagged Prices |
| Timeline |
ACT Energy Lagged Returns
When evaluating ACT Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACT Energy stock have on its future price. ACT Energy 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, ACT Energy autocorrelation shows the relationship between ACT Energy stock current value and its past values and can show if there is a momentum factor associated with investing in ACT Energy Technologies.
Regressed Prices |
| Timeline |
Pair Trading with ACT Energy
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 ACT Energy 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 ACT Energy will appreciate offsetting losses from the drop in the long position's value.Moving against ACT Stock
| 0.78 | RCI-A | Rogers Communications Earnings Call This Week | PairCorr |
| 0.67 | TIP-H | Tyner Resources Earnings Call Next Week | PairCorr |
| 0.6 | PWF-PZ | Power Financial Corp | PairCorr |
| 0.59 | NVDA | NVIDIA CDR | PairCorr |
| 0.57 | WRG | Western Energy Services | PairCorr |
The ability to find closely correlated positions to ACT Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ACT Energy 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 ACT Energy - 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 ACT Energy Technologies to buy it.
The correlation of ACT Energy 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 ACT Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ACT Energy Technologies 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 ACT Energy 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.Other Information on Investing in ACT Stock
ACT Energy financial ratios help investors to determine whether ACT 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 ACT with respect to the benefits of owning ACT Energy security.